Ant Group Launches ZAN: Empowering Web3 Development with Innovative Blockchain Services September 8, 2023 September 8, 2023 Kelly Cromley http://1AZFjzw2#Nwf63pYaMWq#xIY
Market NewsSeptember 8, 2023 by Kelly Cromley

Ant Group Launches ZAN: Empowering Web3 Development with Innovative Blockchain Services

In a significant strategic move underlining its unwavering commitment to the blockchain industry and the burgeoning Web3 landscape, Ant Group, renowned as the world’s largest mobile payment network operator through Alipay, has recently introduced a new sub-brand named ZAN. This dedicated sub-brand will focus its efforts on delivering blockchain services and fostering the growth of both corporate and individual Web3 developers.

ZAN, positioned as a technology brand within Ant Group Digital Technologies, specializes in offering a comprehensive suite of Web3 products and services. Its core mission revolves around providing robust solutions to drive business innovation and serving as an instrumental development platform for Web3 initiatives.

Ant Group Digital Technologies stands at the forefront of digital technology advancement, harnessing its expertise in various domains, including blockchain, privacy computing, security technology, and distributed databases. This extensive knowledge has led to the creation of pioneering products such as AntChain, Zoloz, SOFAStack, and mPaaS.

The official press release, dated September 8, underscores the breadth of ZAN’s technical offerings. It begins with a solution tailored to assist Web3 enterprises in effectively issuing and managing real-world assets (RWAs) while adhering to local regulatory standards. Furthermore, ZAN extends its portfolio to encompass a wide array of technical products, ranging from electronic Know Your Customer (KYC) procedures to Anti-Money Laundering (AML) protocols and Know Your Transaction (KYT) checks tailored for Web3 applications.

ZAN is also deeply committed to providing comprehensive support for developers, encompassing critical aspects such as smart contract evaluations and node services. These services include remote procedure calls designed to streamline the development of decentralized applications (DApps), thereby contributing significantly to the growth and advancement of the Web3 ecosystem. ZAN’s multifaceted approach positions it as a pivotal player in the evolving landscape of blockchain and Web3 development.

Among the array of developer-centric services, ZAN extends its support through Smart Contract Review (SCR) services, which effectively address challenges in Web3 app development. These challenges encompass key facets such as security, performance, cost efficiency, and user experience. Additionally, Node Services provided by ZAN offer high-performance, high-availability, low-latency, and secure Remote Procedure Calls (RPC) for seamless DApp development. Enhanced APIs and development tools further augment efficiency and real-time activity tracking.

Zhang Hui, CEO of ZAN, recognizes the immense potential for innovation within the Web3 space and acknowledges the unique challenges that developers face during application development. ZAN’s commitment to alleviating these challenges is demonstrated through substantial investments in Web3 technology research and development. The brand aims to offer robust technical services and foster collaborative partnerships to accelerate advancements and innovations within the Web3 sphere.

In conclusion, the launch of ZAN by Ant Group marks a significant step in empowering Web3 development with innovative blockchain services. This strategic initiative underscores Ant Group’s dedication to fostering a vibrant ecosystem for blockchain and Web3 developers, ultimately driving forward the evolution of these transformative technologies.

AuthorKelly Cromley

Kelly is our in house crytpto researcher, delving into the stories which matter from blockchains being used in the real world to new ico coming out.