Alibaba’s Ant Group unveils blockchain development brand
Ant Group Digital Technologies, linked to China’s Alibaba Group, has unveiled ZAN, a brand dedicated to providing blockchain development tools. Ant Group Digital Technologies, an affiliate company of the Chinese conglomerate Alibaba Group, recently announced the launch of ZAN. The new brand will offer a range of blockchain development products and services aimed at meeting the needs of both institutional and individual web3 developers. The announcement, made at this year’s Inclusion Conference on the Bund, emphasized resolving key issues that the emerging web3 sector faces, including regulatory compliance and security. For institutions, ZAN offers specialized solutions for issuing and managing real-world assets (RWAs) on the blockchain . These solutions aim to make the process compliant with local regulations, drawing on Ant Group’s previous experience of transferring RWAs onto blockchain platforms. We are excited to share that Ant Group Digital Technologies has of...