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Ant Group CEO: Officially launched RWA Blockchain Jovay, accelerating the global low-carbon economic transformation.
Odaily News On April 30, local time in Dubai, at the RWA Real Up Summit, Ant Group announced the launch of Jovay, a Layer2 Blockchain platform aimed at overseas markets, focusing on RWA transactions, with a throughput of 100,000 TPS and an on-chain response time of 100 milliseconds. Jovay adopts an innovative three-phase hierarchical confirmation mechanism to ensure the verifiability of transactions, propelling global RWA assets into the era of "millisecond-level trustworthy transactions." CEO Zhao Wenbiao stated that Ant Group aims to leverage innovative technology to promote the "dual hub linkage" between Hong Kong and Dubai, accelerate the global low-carbon economic transformation, and enhance the global liquidity of new energy assets.