On October 29th, according to official news, Ant Chain, a subsidiary of Ant Digital, announced its "two chains and one bridge" platform for RWA business for the first time in Hong Kong financial technology, aiming to help more mainland new energy assets go to Hong Kong RWA and realize technology empowered physical assets.
Zhang Chenguang, head of Web3 business products at Ant Digital, introduced that "two chains and one bridge" specifically refers to "asset chain", "transaction chain" and "ant chain trusted cross-chain bridge". The application of "asset chain" in the mainland enables the physical assets of enterprises to be digitized and standardized, so as to be converted into tradable financial products. The "transaction chain" focuses on the tokenization of funds, especially funds from traditional Financial Institution Groups, through the efficient circulation and transaction of funds through blockchain technology implementation.
Ant Chain unveils its "two chains and one bridge" platform for RWA business
2024-10-29 07:23:12
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