Connect with us

Hi, what are you looking for?


Exclusive: Ant Group’s ZAN Becomes Core Chain’s Validator to Fortify Blockchains’ Security in Asia-Pacific

Ant Group’s Web3 security solutions provider ZAN has become a validator on Core Chain – EVM-compatible blockchain secured on Bitcoin.

The strategic partnership with validators reinforces blockchains’ security and decentralization, Core Foundation told Cryptonews via mail.

Core Foundation that aims to create a secure and decentralized ecosystem for dApps, has become one of the first projects to leverage ZAN’s enterprise node service.

Alibaba’s Ant Group revealed its blockchain development brand ZAN in September last year, with a focus on serving institutional and individual clients in overseas markets, particularly Hong Kong and Singapore.

According to Core Initial contributor Brendon Sedo, the collaboration aims to fortify security and champion decentralization across the Asia-Pacific region.

“This collaboration marks a significant milestone for both Core and ZAN as validator partners,” Sedo noted. “This partnership is just the beginning – we look forward to fostering more collaborations in the region with ZAN and demonstrating our commitment and enthusiasm for Asia’s dynamic BTCfi landscape.”

Further, Core claims to be the first BTC DeFi project to integrate ZEN’s technology, with the recent rise of layer 2 BTC projects.

Collab Aims to Foster Decentralization Across APAC Region

Core also emphasized that leveraging ZAN’s technology would help enhance Core Chain’s scalability and reaffirm its dedication to decentralization.

Additionally, the partnership would strengthen Core Chain’s ties with the Asian tech community, pushing wider community engagement, the company added.

Ethan Duo, CTO at ZAN highlighted the shared goals and commitment to advance the blockchain ecosystem through the partnership.

“We believe our concerted efforts will empower users across the Asia-Pacific region and significantly advance the influence of blockchain technology,” Duo told Cryptonews.

Core Foundation recently launched an NFT marketplace – Wizard Gallery – aiming to provide users with seamless NFT minting and trading, operating on Core Chain. The marketplace boasts hosting more than 20,000 NFTs created by over 50 artists.

The post Exclusive: Ant Group’s ZAN Becomes Core Chain’s Validator to Fortify Blockchains’ Security in Asia-Pacific appeared first on Cryptonews.

Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!



In a note to clients, Goldman Sachs, one the world’s largest investment bank, advised against extrapolating data from previous Bitcoin halving cycles due to...


Centralized cryptocurrency exchanges (CEXs) like Binance experienced a large surge in trading volumes between October 2023 and March 2024, according to Bybit’s 2024 Institutional...


Binance, the world’s largest cryptocurrency exchange, secured a highly anticipated crypto license in Dubai following the resignation of Changpeng Zhao “CZ” as CEO. Binance...


Iconic Paris fashion house Maison Margiela announced an expansion of its Web3 fashion offerings on Wednesday with the launch of its new NFT MetaTABI....


Venture capital funding for cryptocurrency and blockchain projects has experienced its first quarterly rise since 2021.  Crunchbase data published today reveals that Web3 startups managed to...


Despite Web3’s challenging journey in recent years, funding for the sector bounced back in the first quarter this year. It marks the first increase...

You May Also Like

Financial Advisors


Financial Advisors


Financial Advisors

The humongous outbreak of the dreaded coronavirus has brought about a groundbreaking change in what the world perceived as ‘normal’. With an estimated 280,391,189...

Disclaimer: Respect, its managers, its employees, and assigns (collectively "The Company") do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

Copyright © 2024 Respect Investment. All Rights Reserved.