Ant Group launches a new blockchain brand for Web3 developers

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Ant Group launches a new blockchain brand for Web3 developers
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The brand will focus on blockchain development and services for both institutional and individual Web3 developers.

on Sept. 8, cites a wide scope of technical products and services, which ZAN will offer to its clients. It starts with a solution to help Web3 companies issue and manage real-world assets in compliance with local regulatory requirements. Then it covers a series of technical products, including electronic Know-Your-Customer , Anti-Money Laundering and Know-Your-Transactions for Web3.

ZAN will also provide Smart Contract Reviews and Node Services including Remote Procedure Calls for building dApps.Earlier this year, during the Hong Kong Web3 Festival, a Web3 decentralized identity data aggregator HashKey DID announced its adoption of ZAN eKYC. HashKey Group participated in ZAN’s brand launch ceremony as one of its first partners.from a main entity, which will be applying for a financial holding license in China.

In 2020, Ant Group aimed for a $226 billion valuation with a $30 billion IPO in Hong Kong and Shanghai. If it had succeeded, this IPO would have been the biggest ever, beating records like the $29.4 billion raised by the Saudi Aramco IPO. But back then this plan was blocked by the Chinese government. Now the company prepares to to go public on Hong Kong exchange.

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