Ant Group
Basics
- Based in: Hangzhou, China
- Started in / Announced on:
- Mainnet release:
- From Forbes Blockchain 50 (Apr 16, 2019):
"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"
- From Forbes Blockchain 50 (3-2020):
"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)"
- From Forbes Blockchain 50 (2-2-2021):
"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
- Bug bounty program can be found [insert here].
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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