On the morning of September 8, the Web3 brand ZAN was officially launched at the Bund Conference, providing technical solutions for Web3 for Hong Kong and overseas markets, especially security and compliance technology products. Zhang Hui, former CTO of AntChain, serves as CEO of ZAN.
Zhang Hui introduced that ZAN provides a wealth of technical services to support Web3 innovative businesses for compliance agencies and innovative companies in Hong Kong and overseas markets, including Web3 full-stack secure and trusted technology products and comprehensive solutions, to help Web3 application innovation and industrial scale. development.
It is understood that ZAN has inherited the blockchain technology capabilities accumulated by AntChain for many years, and is built on the basis of AntChain TrustBase, an open source technology matrix of AntChain OpenLabs. AntChain TrustBase is an open source technology system based on Ant Chain, which integrates many technological achievements of Ant Chain, including wide area network consensus algorithm, zero-knowledge proof (ZKP), fully homomorphic encryption (FHE) and other technical achievements that are of great concern to the industry.
As the next-generation Internet technology, Web3 has become the focus of attention at home and abroad in recent years due to its disruptive power to the industry. Hong Kong, Singapore and other places are vigorously embracing Web3. At the beginning of this year, the Hong Kong SAR government proposed the goal of promoting Hong Kong to become 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 for Hong Kong and overseas markets to seize market opportunities.
