Ant Group Digital Technologies Launches Zan To Provide Blockchain Application Development Products And Services To Web3 Community

By Author: Arina Smith
Total Articles: 185
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Ant Group Digital Technologies has introduced a new brand called ZAN at the INCLUSION · Conference on the Bund. ZAN offers a comprehensive suite of blockchain application development products and services tailored for both institutional and individual Web3 developers.

For institutional customers, ZAN provides a solution to facilitate the issuance and management of real-world assets (RWAs) while ensuring compliance with local regulatory requirements. Leveraging Ant Group Digital Technologies' software and hardware co-design expertise, along with their experience in bringing millions of RWAs onto blockchains in a trustworthy manner, ZAN's RWA solution aims to efficiently introduce new assets to the Web3 ecosystem. This initiative is designed to foster the growth of Web3 applications and use cases and strengthen the connection between the physical and digital worlds.

Recognizing the paramount importance of security and compliance in the Web3 industry, ZAN also offers a series of technical products, including electronic Know-Your-Customer (eKYC), Anti-Money Laundering (AML), and Know-Your-Transactions (KYT) tools. ...
... These products empower Web3 businesses to enhance their capabilities in customer identity authentication, security protection, and risk management.

Furthermore, ZAN caters to developers by providing Smart Contract Review (SCR) services to effectively address issues related to security, performance, cost, and user experience during Web3 app development. It also offers Node Service with features like high-performance, high-availability, low-latency, and secure Remote Procedure Call (RPC) for building decentralized applications (dApps). Additionally, ZAN delivers enhanced APIs and other tools to boost development efficiency and enable real-time monitoring of dApps' activities.

Zhang Hui, Chief Executive Officer of ZAN, expressed the importance of Web3 as a technology sector filled with innovation opportunities. He emphasized that ZAN is committed to addressing the challenges and pain points faced by developers during the application development process. To achieve this, ZAN invests in research and development of Web3 technologies and products while offering reliable technical services to support the community and collaborating with partners to expedite Web3 developments and innovations.

ZAN initiated the rollout of its technical services earlier this year, and it gained recognition during the Hong Kong Web3 Festival in April 2023. HashKey DID, a Web3 decentralized identity data aggregator, announced its adoption of ZAN eKYC to offer compliant Web3 services, with positive feedback from users and the expectation that ZAN will contribute significantly to Web3 adoption.

Partners like HashKey Group, Morpheus Labs, and Everest Ventures Group participated in ZAN's brand launch ceremony, highlighting their support for this new initiative.

ZAN, as a brand under Ant Group Digital Technologies, leverages technical innovations from AntChain Open Labs. During the 2023 INCLUSION · Conference, AntChain Open Labs introduced TrustBase, an open-source initiative that encompasses advancements in cryptography technologies, including multi-party computing (MPC), zero-knowledge proof (ZKP), and full homomorphic encryption (FHE).

In summary, ZAN is positioned as a technology brand within Ant Group Digital Technologies, providing a robust suite of services for business innovations and a development platform for Web3 endeavors. Its product family includes ZAN eKYC, ZAN KYT, ZAN Smart Contract Review, and ZAN Node Service, with more products in development.

Ant Group Digital Technologies remains committed to advancing digital technologies and promoting their application. They have introduced leading products like AntChain, Zoloz, SOFAStack, and mPaaS, based on their expertise in blockchain, privacy computing, security technology, and distributed databases. Ant Group Digital Technologies collaborates with partners across various industries to support digital transformation in small and medium-sized financial institutions, enable digital operations for service industry SMEs, and facilitate digital collaboration across industries.