Ant Group launches Layer 2 blockchain Jovay and virtual machine DTVM
Ant Group announced in Dubai the launch of the Layer2 blockchain Jovay for overseas markets, a high-performance and trustworthy blockchain platform specifically designed for RWA transactions. It adopts a three-phase hierarchical confirmation mechanism to ensure transaction verifiability, supporting a throughput of 100,000 TPS and an on-chain response time of 100 milliseconds. Additionally, 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 cross-platform development language barriers for RWA scenario developers.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Market Chatter: Meta Platforms Looking to Launch Camera-Free Smart Glasses This Fall
Are space stocks like SpaceX and Rocket Lab about to get a boost? The US confirms its first on-orbit space weapon, accelerating the "Iron Dome" program.
The U.S. military has, for the first time, publicly confirmed that the United States now possesses an on-orbit "space control weapon," and the "Iron Dome" space-based interceptor project has advanced to the "flyable hardware" stage.

Brightstar Lottery to Buy Back $395 Million of Euro-Denominated Senior Notes in Tender Offer
Euro gains against Canadian Dollar as oil prices retreat on rising US crude inventories
