Ant Group launches new blockchain brand for Web3 developers By Cointelegraph

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Ant Group, the owner of the world’s largest mobile payment platform, Alipay, revealed its new sub-brand under the name ZAN. The brand will focus on blockchain development and services for both institutional and individual Web3 developers.

The official press release, published on Sept. 8, cites a broad scope of technical products and services that ZAN will offer its clients. It starts with a solution to help Web3 companies issue and manage real-world assets (RWAs) in compliance with local regulatory requirements. It also covers a series of technical products, including electronic Know Your Customer (KYC), Anti-Money Laundering and Know Your Transaction checks for Web3.