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Ant Financial has launched the Layer2 Blockchain Jovay and Virtual Machine DTVM.
According to Deep Tide TechFlow news, on April 30, Ant Group announced in Dubai the launch of the Layer2 Blockchain Jovay for overseas markets. This is a high-performance and trusted blockchain platform specifically designed for RWA transactions, employing a three-phase hierarchical confirmation mechanism to ensure the verifiability of transactions, supporting a throughput of 100,000 TPS and an on-chain response time of 100 milliseconds.
In addition, Ant Group's open-source next-generation blockchain virtual machine DTVM (DeTerministic Virtual Machine) made its debut. DTVM integrates the large language model development framework SmartCogent and is fully compatible with the Ethereum ecosystem, eliminating the "language barrier" for RWA scenario developers in cross-platform development.