Ant Group’s ZAN, a provider of Web3 security solutions, has recently joined Core Chain as a validator, a blockchain built on Bitcoin with compatibility with the Ethereum Virtual Machine (EVM). This strategic collaboration aims to enhance the security and decentralization of blockchains, as confirmed by Core Foundation in communication with Cryptonews.
Core Foundation, dedicated to establishing a secure and decentralized ecosystem for decentralized applications (dApps), is among the early adopters of ZAN’s enterprise node service. Ant Group, through its blockchain development arm ZAN, unveiled its commitment to serving institutional and individual clients in global markets, with a particular focus on Hong Kong and Singapore.
Brendon Sedo, a contributor to Core Initial, expressed that the partnership is geared towards bolstering security and promoting decentralization across the Asia-Pacific region. He emphasized the significance of this collaboration, stating that it signifies a notable milestone for both Core and ZAN as validator partners. Sedo also highlighted the anticipation for future collaborations with ZAN in the region, showcasing their dedication to the evolving landscape of Bitcoin-based decentralized finance in Asia.
Additionally, Core asserts itself as the inaugural BTC decentralized finance (DeFi) project to incorporate ZEN’s technology, aligning with the burgeoning emergence of layer 2 BTC initiatives.
The collaboration endeavors to promote decentralization throughout the Asia-Pacific (APAC) region.
Core also underscored that integrating ZAN’s technology would not only bolster Core Chain’s scalability but also reaffirm its unwavering commitment to decentralization. This move signifies Core’s proactive approach towards embracing cutting-edge solutions to address scalability challenges while staying true to its core principles of decentralization.
Moreover, the partnership with ZAN is poised to deepen Core Chain’s engagement with the vibrant Asian tech community. By fostering stronger ties and encouraging broader community participation, Core aims to create a more inclusive and collaborative ecosystem for blockchain innovation in the APAC region. This initiative aligns with Core’s overarching goal of promoting widespread adoption and utilization of blockchain technology.
Ethan Duo, the Chief Technology Officer at ZAN, expressed optimism about the shared objectives and dedication to driving advancements in the blockchain ecosystem through this collaboration. He emphasized the potential of their joint efforts to empower users across the Asia-Pacific region and elevate the overall influence of blockchain technology in various sectors.
In a recent development, Core Foundation unveiled its latest initiative, the Wizard Gallery NFT marketplace, operating on Core Chain. This platform aims to streamline the process of NFT minting and trading, providing users with a seamless and user-friendly experience. With over 20,000 NFTs already available on the marketplace, created by a diverse community of over 50 artists, Wizard Gallery represents a significant step forward in Core’s efforts to promote digital creativity and innovation on its blockchain platform.
