ZAN and Mysten Labs Partner to Advance Web3 Infrastructure Development

adminAugust 13, 2024

Palo Alto, California, August 13, 2024, Chainwire

ZAN, the web3 technology brand of Ant Digital Technologies, plans to run a Sui RPC node in collaboration 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.

ZAN aims to integrate Sui to accelerate the development and adoption of web3 applications. The collaboration will focus on Mysten Labs providing technical support in two key areas: KYC infrastructure and RPC node services. ZAN will provide KYC services to projects based on Sui, providing essential compliance solutions for blockchain. ZAN will also officially launch RPC node services for Sui, enhancing the scalability and accessibility of blockchain for developers and users in the APAC region.

“We are delighted to partner with Mysten Labs. Sui is a star public chain dedicated to technology and value creation, with a rich ecosystem and diverse applications. Similarly, ZAN started from a technology-centric team and is committed to building the next-generation technology infrastructure for the Web3 industry. We look forward to more technical exchanges between us, and jointly promote innovation and development across the entire industry,” said Cobe Zhang, Chief Operating Officer of ZAN.

Mysten Labs and ZAN aim to explore opportunities to build together in areas such as payments, data, and digital identity, to provide innovative solutions that benefit consumers, businesses, and communities, and to discover and support Web3 super app opportunities. Both organizations are committed to fostering a collaborative environment and look forward to sharing updates as partnership milestones are achieved.

“We are excited to work with the ZAN team and the broader Ant Digital Technologies to bring our e-KYC solution to market across the broader digital asset ecosystem,” said Adeniyi Abiodun, Chief Product Officer and Co-Founder of Mysten Labs. “This collaboration marks a significant 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 top down to make digital asset ownership fast, private, secure, and accessible to everyone. The object-oriented model, based on the Move programming language, enables parallel execution, sub-second finality, and rich on-chain assets. With horizontally scalable processing and storage capabilities, Sui supports a wide range of applications at unparalleled speed and low cost. Sui is a step-by-step evolution of blockchain functionality and a platform for creators and developers to build amazing, user-friendly experiences.

Learn more: https://sui.io

About Mysten Labs

Mysten Labs is a team of leading distributed systems, programming languages, and cryptography experts, with founders who were senior executives and chief architects of pioneering blockchain projects. Mysten Labs’ mission is to build the foundational infrastructure for web3.

Learn more: https://mystenlabs.com

About ZAN

ZAN, the technology brand for Web3 products and services from Ant Digital Technologies and based on the TrustBase open source technology stack from AntChain Open Labs, provides rich and stable services for business innovation and a development platform for Web3 efforts. The ZAN product line includes ZAN eKYC, ZAN KYT, ZAN Smart Contract Review, ZAN Node Service, and more products will be released.

Learn more: https://zan.top/

About Ant Digital Technologies

Ant Digital Technologies is the digital technology subsidiary of Ant Group. With expertise in AI, privacy computing, and security technology, Ant Digital Technologies continues to promote the development and application of digital technologies by launching leading products such as ZOLOZ, mPaaS, and ZAN. Ant Digital Technologies is committed to working with partners across industries to support the digital transformation of small and medium-sized financial institutions, help SMEs in the service industry operate digitally, and promote digital collaboration across industries. Ant Digital Technologies’ international business operating revenue increased by 300% in 2023.