📰 Table Of Contents
- 1 Ant Group’s ZAN Becomes Validator on Core Chain
- 1.1 Strategic Partnership for Enhanced Security
- 1.2 ZAN’s Focus on Institutional and Individual Clients
- 1.3 Collaboration for Security and Decentralization
- 1.4 Integration of ZEN’s Technology in BTC DeFi
- 1.5 Enhancing Scalability and Community Engagement
- 1.6 Empowering Users in the Asia-Pacific Region
- 1.7 Launch of NFT Marketplace on Core Chain
Ant Group’s ZAN Becomes Validator on Core Chain
Ant Group’s Web3 security solutions provider ZAN has partnered with Core Chain, an EVM-compatible blockchain secured on Bitcoin, to strengthen security and decentralization.
Strategic Partnership for Enhanced Security
The strategic partnership with validators reinforces blockchains’ security and decentralization goals, as highlighted by Core Foundation.
ZAN’s Focus on Institutional and Individual Clients
ZAN, the blockchain development brand of Alibaba’s Ant Group, focuses on serving institutional and individual clients in overseas markets, particularly in Hong Kong and Singapore.
Collaboration for Security and Decentralization
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.”
Integration of ZEN’s Technology in BTC DeFi
Core claims to be the first BTC DeFi project to integrate ZEN’s technology, aligning with the rise of layer 2 BTC projects.
Enhancing Scalability and Community Engagement
Core emphasizes that leveraging ZAN’s technology will enhance Core Chain’s scalability and reaffirm its dedication to decentralization. The partnership will also strengthen Core Chain’s ties with the Asian tech community, pushing for wider community engagement.
Empowering Users in the Asia-Pacific Region
Ethan Duo, CTO at ZAN, highlighted the shared goals and commitment to advancing 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.
Launch of NFT Marketplace on Core Chain
Core Foundation recently launched Wizard Gallery, an NFT marketplace operating on Core Chain. The marketplace hosts over 20,000 NFTs created by more than 50 artists, aiming to provide users with seamless NFT minting and trading.