DYOR Crypto Wiki
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Basics

  • Based in: Hangzhou, China
  • Started in / Announced on:
  • Mainnet release:

"Fintech power Ant Financial has developed a proprietary blockchain that is used, among other things, to keep tabs on the products sold on a marketplace run by Alibaba, a part owner of Ant. For example, customers can trace a diamond’s sourcing back to a trading center in Antwerp and see grading, cutting and polishing records. Separately, in June 2018, Ant’s payment app, Alipay (with a billion-plus users worldwide), launched a blockchain-based service offering money transfers directly between people in Hong Kong and the Philippines that can be completed in just seconds. Full profile"

"Its finance platform called Duo-Chain has facilitated $1.5 billion in quick loans and other transactions for cash constrained suppliers like Sichuan’s GuanYong Computer and others. Ant uses its own proprietary blockchain to verify the receivables and make payments.

Will use Ant Blockchain Technology, Hyperledger Fabric and Enterprise Ethereum (Quorum)"

"Alibaba spin-off Ant has more than 50 blockchain applications in development on its own blockchain platform, AntChain. One notable example is OpenChain, which launched in 2020 to enable small and medium-sized enterprises to tap its blockchain technologies and smart contracts as a way to lower costs. So far more than 6,000 users have written 100,000 smart contracts, facilitating 400 million transactions."

History

Token

Launch

Token Allocation

Utility

Other Details

Stablecoin

Coin Distribution

Technology

  • Whitepaper can be found [insert here].
  • Code can be viewed [insert here].

Implementations

  • Built on:
  • Programming language used:

Transaction Details

How it works

Mining

Staking

Liquidity Mining

Scaling

Interoperability

Other Details

Privacy Method

Compliance

Oracle Method

Their Other Projects

Governance

DAO

Treasury

Upgrades

Roadmap

  • Can be found [Insert link here].

Audits

Bugs/Hacks

Usage

Projects that use or built on it

Competition

Pros and Cons

Pros

Cons

Team, Funding, Partnerships, etc.

Team

  • Full team can be found [here].
  • Key leader: Geoff Jiang, VP of Ant Financial
  • Alibaba spin-off (2-2-2021).

Funding

Partners

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