August 13th, 2024, Palo Alto, CA – In a groundbreaking move, ZAN, the web3 technology brand of Ant Digital Technologies, is set to establish a Sui RPC node in partnership with Mysten Labs, a leading web3 infrastructure company and the original contributor to the Sui blockchain.
By integrating Sui into their operations, ZAN aims to drive the advancement and adoption of their web3 applications. The collaboration will see Mysten Labs providing crucial technological support in two key areas: KYC infrastructure and RPC node services. ZAN will offer KYC services for projects building on Sui, ensuring essential compliance solutions for the blockchain. Additionally, ZAN will launch RPC node services for Sui, enhancing the blockchain’s scalability and accessibility for developers and users in the APAC region.
Chief Operating Officer of ZAN, Cobe Zhang, expressed his excitement about the partnership, stating, “Sui is a star public chain dedicated to technology and value creation, with a rich ecosystem and diverse applications. Similarly, ZAN is driven by a technology-focused team, committed to building next-generation technological infrastructure for the Web3 industry. We are eager to engage in technical exchanges with Mysten Labs to drive innovation and development across the industry.”
Together, Mysten Labs and ZAN will explore opportunities in areas such as payments, data, digital identity, and more, with a focus on delivering innovative solutions that benefit consumers, businesses, and the local community. Both organizations are dedicated to fostering a collaborative environment and look forward to sharing updates on the partnership’s progress.
According to Adeniyi Abiodun, Chief Product Officer and Co-Founder of Mysten Labs, “We are thrilled to collaborate with the ZAN team and Ant Digital Technologies to introduce an e-KYC solution to the broader digital asset ecosystem. This partnership signifies a significant milestone for Sui and the web3 ecosystem in Hong Kong and the APAC region, accelerating the development of innovative applications for millions of users.”
About Sui
Sui is a revolutionary Layer 1 blockchain and smart contract platform designed to make digital asset ownership fast, private, secure, and accessible to all. With its object-centric model and the Move programming language, Sui enables parallel execution, sub-second finality, and rich on-chain assets. The platform supports a wide range of applications with unmatched speed and low costs, providing creators and developers with a platform to build user-friendly experiences.
About Mysten Labs
Mysten Labs is a team of experts in distributed systems, programming languages, and cryptography, dedicated to creating foundational infrastructure for the web3 ecosystem.
About ZAN
ZAN, the technology brand of Ant Digital Technologies, offers a range of services for Web3 products and services, powered by AntChain Open Labs’ TrustBase open-source technical stack. The ZAN product family includes ZAN eKYC, ZAN KYT, ZAN Smart Contract Review, ZAN Node Service, with more innovations on the horizon.
About Ant Digital Technologies
Ant Digital Technologies, a subsidiary of Ant Group, focuses on promoting the development and application of digital technologies. The company has introduced leading products such as ZOLOZ, mPaaS, and ZAN, leveraging expertise in AI, privacy computing, and security technology to support digital transformation in various industries.
Overall, the collaboration between ZAN and Mysten Labs marks a significant step forward in advancing web3 infrastructure development. By combining their strengths, the two organizations aim to drive innovation, create new opportunities for users, and contribute to the growth of the web3 ecosystem. This partnership has the potential to revolutionize the way we interact with digital assets and technology, offering exciting possibilities for businesses and individuals alike.