Ant Group enters Web3, self-developed wallet begins testing
The Alibaba ecosystem can no longer hold back; Ant Group's Web3 wallet is in public testing overseas. This news is actually not too surprising. Although domestic regulation is strict, the overseas market is a big cake that Ant Group cannot give up. Choosing to test overseas first can both accumulate experience and avoid risks, achieving two goals with one move. Ant Group has a natural advantage in making wallets. The technology accumulation, user experience, and security protection of Alipay are all top-notch. If these advantages can be brought to Web3 wallets, the user experience will definitely surpass existing products. Just think about how difficult it is to use current crypto wallets, with mnemonic phrases, private keys, and gas fees; ordinary people find it overwhelming.
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