AntChain launches new Web3 brand Zan, providing Web3 technology solutions for the Hong Kong and overseas markets
ChainCatcher news, AntChain's new Web3 brand Zan was officially launched at the Shanghai Bund Conference. This brand provides Web3-oriented technology solutions for the Hong Kong and overseas markets, focusing particularly on security and compliance technology products. Former AntChain CTO Zhang Hui serves as the CEO of ZAN.Zhang Hui introduced that ZAN offers a rich array of technical services to compliance institutions and innovative companies in Hong Kong and overseas markets, supporting Web3 innovative businesses with full-stack secure and trustworthy technology products and comprehensive solutions, aiding in the innovation of Web3 applications and the large-scale development of the industry.It is understood that ZAN inherits the blockchain technology capabilities accumulated by AntChain over the years, relying on the open-source technology matrix AntChain TrustBase built by AntChain OpenLabs. AntChain TrustBase is based on AntChain's open-source technology system, integrating multiple technological achievements from AntChain, including the widely concerned wide-area consensus algorithm, zero-knowledge proof (ZKP), fully homomorphic encryption (FHE), and other fields.As a next-generation internet technology, Web3 has become a focal point of attention both domestically and internationally in recent years due to its disruptive transformative power for industries. Regions like Hong Kong and Singapore are vigorously embracing Web3. Earlier this year, the Hong Kong SAR government proposed the goal of making Hong Kong an international digital asset center and launched a series of policies. Subsequently, technology companies including Alibaba Cloud, Tencent Cloud, and Huawei Cloud have released Web3-related products and services aimed at the Hong Kong and overseas markets, seizing market opportunities.