Ant Digit is preparing to launch a public blockchain that processes real transactions by the end of September 2025.
Ant Digit is committed to becoming a reliable bridge between Web2 and Web3, focusing on developing verifiable assets and legally compliant capital for both platforms.
MAIN CONTENT
Ant Digit's public blockchain is expected to operate by the end of September 2025.
Layer 2 blockchain Jovay is a compliance solution, at an organizational level and does not issue tokens.
Ant Digit expands its real asset (RWA) portfolio in new energy, computing, and finance.
What information does Ant Digit disclose about its public blockchain?
Ant Group announced that its self-developed public blockchain, capable of processing real transactions, will launch by the end of September 2025.
Bian Zhuoqun, Vice President of Ant Group and Chairman of the blockchain division of Ant Digit, revealed this plan in 2024. This blockchain promises to enhance the capability of processing real transactions, meeting the expansion needs of the certified digital asset market.
What are the highlights of Ant Digit's Layer 2 blockchain Jovay?
Jovay is a Layer-2 blockchain launched by Ant Digit on April 30, 2024, featuring strict compliance and aimed at financial organizations.
Notably, Jovay does not issue its own tokens, reflecting a commitment to transparency and legality in its operations. This helps minimize risks arising from uncontrolled tokens, enhancing reliability for customers and partners.
Jovay blockchain is designed to meet organizational standards and legal compliance, serving as an important stepping stone for sustainable development in the cryptocurrency and digital asset sectors.
Bian Zhuoqun, Chairman of Ant Digit's blockchain division, 2024
How does Ant Digit aim to develop real assets (RWA)?
Ant Digit is expanding its real asset portfolio to include new energy, computing, and finance, aiming to provide a diverse range of reliable asset sources for the Web3 ecosystem.
The forecast that the global tokenization market will reach $16 trillion by 2030 has led Ant Digit to focus on developing verifiable real assets, integrating compliance processes to attract legitimate capital for both Web2 and Web3.
The expansion of the RWA portfolio demonstrates Ant Digit's commitment to providing more reliable and compliant asset options for investors on the cryptocurrency platform.
Bian Zhuoqun, Vice President of Ant Group, 2024
How does Ant Digit effectively connect Web2 and Web3?
Ant Digit aims to become a bridge between Web2 and Web3 by providing reliable assets and legally compliant capital for both platforms.
This strategy aims to facilitate the flow of capital from the traditional ecosystem (Web2) to access the digital asset market (Web3), while enhancing transparency and legal compliance in the blockchain environment.
Frequently Asked Questions
When will Ant Digit's public blockchain be launched?
What is Jovay and does it issue tokens?
Jovay is a Layer-2 blockchain developed by Ant Digit, compliant at the organizational level and does not issue its own tokens.
How is the global tokenization market forecasted to be by 2030?
The forecast that the tokenization market will reach $16 trillion by 2030 shows great potential for the development of digital assets.
What real asset development plans does Ant Digit have?
Ant Digit expands the development of real assets in the fields of new energy, computing, and finance.
How does Ant Digit connect Web2 and Web3?
Ant Digit provides reliable assets and legally compliant capital, serving as a bridge between the two platforms Web2 and Web3.
Source: https://tintucbitcoin.com/jovay-ant-financial-ra-mainnet-thang-9/
Thank you for reading this article!
Please Like, Comment, and Follow TinTucBitcoin to stay updated with the latest news about the cryptocurrency market and not miss any important information!