Palo Alto, CA, August 13, 2024, Chainwire
ZAN, the web3 technology brand of Ant Digital Technologies, plans to run a Sui RPC node (NYSE:) with Mysten Labs
Mysten Labs, a web3 infrastructure company and original contributor to the Sui blockchain, today announced a partnership with ZAN, the technology brand of Ant Digital Technologies.
With the integration of Sui, ZAN aims to accelerate the development and adoption of its web3 applications. The collaboration will focus on the technological support that Mysten Labs will provide in two key areas: KYC infrastructure and RPC node services. ZAN will provide KYC services for Sui-based projects, bringing essential compliance solutions to the blockchain. ZAN will also officially launch RPC node services for Sui, improving the scalability and accessibility of the blockchain for developers and users in the APAC region.
“We are excited to enter into a partnership with Mysten Labs. Sui is a flagship public chain dedicated to technology and value creation, with a rich ecosystem and diverse applications. Similarly, ZAN emerges from a technology-driven team, and we are committed to building the next-generation technology infrastructure for the Web3 industry. We look forward to further technical exchanges with each other, jointly promoting innovation and development across the industry,” said Cobe Zhang, COO of ZAN.
Together, Mysten Labs and ZAN will explore startup opportunities in areas such as payments, data, digital identity, and more, with the goal of delivering innovative solutions that benefit consumers, businesses, and the local community, with a view to uncovering and supporting web3 super app opportunities. Both organizations are committed to fostering a collaborative environment and look forward to sharing updates on partnership milestones as they are achieved.
“We are delighted to be working alongside the team at ZAN and Ant Digital Technologies to bring an e-KYC solution to the broader digital asset ecosystem,” said Adeniyi Abiodun, Chief Product Officer and Co-Founder of Mysten Labs. “This collaboration marks an important milestone for Sui and the broader web3 ecosystem in Hong Kong and the wider APAC region. By combining our strengths, we can accelerate the development of innovative applications that will benefit millions of users.”
About Sui
Sui is a first-of-its-kind layer-1 blockchain and smart contract platform, designed from the bottom up to make digital asset ownership fast, private, secure, and accessible to everyone. Its object-centric model, based on the Move programming language, enables parallel execution, sub-second finality, and on-chain asset richness. With horizontally scalable processing and storage, Sui supports a wide range of applications with unmatched speed at low cost. Sui is a step-function advancement in blockchain and a platform on which creators and developers can build amazing, easy-to-use experiences.
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About Mysten Labs
Mysten Labs is a team of leading experts in distributed systems, programming languages, and cryptography whose founders were senior executives and lead architects of pioneering blockchain projects. Mysten Labs' mission is to create foundational infrastructure for the web3.
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About ZAN
As Ant Digital Technologies’ technology brand for Web3 products and services, and backed by AntChain Open Labs’ TrustBase open-source technical stack, ZAN offers comprehensive and reliable services for business innovations and a development platform for Web3 initiatives. The ZAN product family includes ZAN eKYC, ZAN KYT, ZAN Smart Contract Review, ZAN Node Service, and more products in the pipeline.
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About Ant Digital Technologies
Ant Digital Technologies is the digital technology subsidiary of Ant Group. Ant Digital Technologies continues to promote the development and application of digital technologies, introducing leading products such as ZOLOZ, mPaaS, and ZAN based on its expertise in artificial intelligence, privacy computing, and security technology. Ant Digital Technologies is committed to working with partners from different industries to support small and medium-sized financial institutions in their digital transformation, enable SMEs in the service sector to operate digitally, and facilitate cross-industry digital collaboration. Ant Digital Technologies' international business operation revenue increased by 300% in 2023.
ContactLexi WanglerMysten Laboratories[email protected]
This article was originally published on Chainwire
