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Ant Group Claims 100M Digital Assets Are Uploaded to Its Blockchain Daily

ant-group-claims-100m-digital-assets-are-uploaded-to-its-blockchain-daily

Ant Group has claimed its clients are uploading an average of 100 million digital assets to its blockchain every day.

  • The Alibaba-affiliate company made the claim in a release Thursday that announced Ant Blockchain was rebranding to AntChain.
  • An Ant spokesperson later told CoinDesk these were mostly transaction records, as well as copyright and property ownership certificates.
  • A spokesperson said they were unable to provide historic operational data for the “quiet period” in the run-up to its initial public offering (IPO).
  • Chinese shipping giant Cosco said it was trialing Ant Blockchain earlier this month to distribute tamper-free documentation, such as container records and import licenses.
  • The company now claims to be the largest operating blockchain in China.
  • AntChain will combine blockchain with Ant’s other emerging tech offerings, including artificial intelligence and the internet of things.
  • The company also launched AntChain Station: a tool enabling enterprise clients to deploy on AntChain in under an hour – down from ten hours previously.
  • The spokesperson refused to be drawn on how many new clients they expected to onboard with AntChain Station – citing quiet period.
  • Ant Group said this week it was planning an IPO on the Shanghai and Hong Kong stock exchanges at a rumored $200 billion valuation.
  • If it goes through, Ant Group would arguably become the largest companies operating in the blockchain space.

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https://www.coindesk.com/ant-group-digital-assets-uploaded-blockchain

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