ZAN, Ant Group’s Web3 security solutions provider, has become a validator of Core Chain – EVM-compatible blockchain secured on Bitcoin.
The strategic partnership with validators strengthens the security and decentralization of blockchains, Core Foundation told Cryptonews via email.
Core Foundation, which aims to create a secure and decentralized ecosystem for dApps, has become one of the first projects to use ZAN’s enterprise node service.
Alibaba’s Ant Group unveiled its blockchain development brand ZAN in September last year, with a focus on serving institutional and individual clients in overseas markets, particularly Hong Kong and Singapore.
According to Core Initial employee Brendon Sedo, the collaboration is intended to strengthen security and promote decentralization in the Asia-Pacific region.
“This collaboration marks an important milestone for both Core and ZAN as validator partners,” said Sedo. “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.”
Furthermore, Core claims to be the first BTC DeFi project to integrate ZEN’s technology, with the recent emergence of layer 2 BTC projects.
Collab aims to promote decentralization across the APAC region
Core also emphasized that leveraging ZAN’s technology would help improve Core Chain’s scalability and reaffirm its commitment to decentralization.
Furthermore, the partnership would strengthen Core Chain’s ties with the Asian technology community, driving broader community involvement, the company added.
Ethan Duo, CTO at ZAN, emphasized the shared goals and commitment to advancing the blockchain ecosystem through the partnership.
“We believe our joint efforts will empower users in the Asia-Pacific region and significantly expand the influence of blockchain technology,” Duo told Cryptonews.
Core Foundation recently launched an NFT marketplace – Wizard Gallery – aiming to provide users with seamless NFT mining and trading, operating on Core Chain. The marketplace is home to more than 20,000 NFTs created by more than 50 artists.