As a seasoned researcher with a keen interest in the evolving landscape of web3 technology, I find this partnership between ZAN and Mysten Labs to be an intriguing development. Having closely followed both entities, it’s clear that they each bring unique strengths to the table – Ant Digital Technologies’ robust infrastructure through ZAN and Mysten Labs’ innovative web3 infrastructure expertise.
Palo Alto, CA, August 13th, 2024, Chainwire
Ant Digital Technologies’ web3 technology label, ZAN, intends to operate a Sui RPC node in collaboration with Mysten Labs.
Today, Mysten Labs, a pioneer in web3 infrastructure and the founding developer of the Sui blockchain, has entered into a partnership agreement with ZAN, the tech division of Ant Digital Technologies.
Through partnering with Sui, ZAN intends to speed up the creation and popularization of its web3 applications. This partnership centers around Mysten Labs offering technical assistance in two crucial aspects: Know Your Customer (KYC) infrastructure and Remote Procedure Call (RPC) node services. ZAN will offer KYC solutions for projects on Sui, providing essential compliance measures for the blockchain. Furthermore, ZAN will officially introduce RPC node services for Sui, boosting the blockchain’s capacity and making it more accessible for developers and users in the APAC region.
“Cobe Zhang, COO of ZAN, expressed his enthusiasm about teaming up with Mysten Labs. Sui is a prominent public chain that focuses on technology and value creation, boasting a robust ecosystem and a variety of applications. Likewise, ZAN originates from a tech-centric team, aiming to construct the future technological framework for the Web3 sector. He anticipates engaging in more technical dialogues with Mysten Labs, collaborating to foster innovation and growth across the entire industry.”
Collaboratively, Mysten Labs and ZAN plan to investigate possibilities in sectors like payments, data, digital identity, among others. The ultimate objective is to create groundbreaking solutions that positively impact consumers, businesses, and local communities, while also focusing on discovering and nurturing web3 super app prospects. Both entities are dedicated to cultivating a cooperative atmosphere and are eager to provide updates on the progress of their partnership as milestones are reached.
“Adeniyi Abiodun, Chief Product Officer and Co-Founder of Mysten Labs, expressed his excitement about working with the ZAN team and Ant Digital Technologies. This partnership is a significant step for Sui and the wider web3 community in Hong Kong and the APAC region. By joining forces, we aim to speed up the creation of groundbreaking apps that will positively impact millions of users, as we jointly introduce an e-KYC solution to the digital asset market.”
About Sui
Sui represents an innovative Layer 1 blockchain and smart contract system, purposefully constructed to ensure swift, private, secure, and universally accessible digital asset ownership. Its unique object-focused design, built around the Move programming language, facilitates parallel processing, swift confirmation times, and diverse on-chain assets. With its horizontally scalable architecture for processing and storage, Sui empowers a multitude of applications at an exceptional speed, all while maintaining affordability. Sui represents a significant leap forward in blockchain technology, providing developers and creators with the tools to craft captivating, user-friendly experiences on this cutting-edge platform.
About Mysten Labs
Mysten Labs comprises a group of top-tier specialists in distributed systems, coding languages, and cryptography, many of whom held key positions and designed groundbreaking blockchain initiatives. Their objective is to construct essential framework for the decentralized web, often referred to as web3.
About ZAN
As the Ant Digital Technologies brand specializing in Web3 solutions and services, backed by the open-source technical infrastructure of AntChain Open Labs’ TrustBase, ZAN offers robust and dependable services for business advancements and a platform for Web3 projects. The ZAN product suite encompasses ZAN eKYC, ZAN KYT, ZAN Smart Contract Review, and ZAN Node Service, with additional products in development.
About Ant Digital Technologies
As a crypto investor, I’m excited about Ant Group’s digital technology arm, Ant Digital Technologies. This subsidiary is spearheading the advancement and utilization of digital technologies, with innovative offerings like ZOLOZ, mPaaS, and ZAN built on their robust expertise in AI, privacy computing, and security tech. Ant Digital Technities is dedicated to collaborating with various industries, helping small and medium-sized financial institutions digitally transform, empowering service sector SMEs to go digital, and fostering cross-industry collaboration through digital means. In 2023, their international business operation saw a remarkable 300% revenue surge.
Contact
Lexi Wangler
Mysten Labs
lexi.wangler@mystenlabs.com
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2024-08-13 04:37