Ant Group launches the L2 network Jovay: Can a professional blockchain backed by a fintech giant bring RWA to fruition? In the current process of integrating blockchain ecosystems with real-world assets (RWA) on a large scale, traditional public blockchains are increasingly showing bottlenecks in performance, security, and compliance, making it difficult to meet the demands of massive asset tokenization and high-frequency trading. Issues such as mainstream public blockchains' TPS (transactions per second) being far below the requirements of large-scale financial trading systems, legal uncertainties and high compliance costs in cross-border asset issuance and trading, and the inability of mainstream blockchain ecosystems to support institutional-grade asset issuance and custody are all limiting the adoption and popularity of RWA in real financial markets. To address these challenges, Ant Group has launched the L2 blockchain network Jovay, introducing large-scale innovations to help RWA become a new asset class in financial markets. From its inception, Jovay has emphasized two key features: high performance and security. On the security front, Jovay draws inspiration from the multi-verification approach for L2 proposed by Vitalik Buterin in the Ethereum community, creatively introducing a ZK+TEE dual-verification architecture to mitigate single-point risks and significantly reduce final confirmation times. In terms of performance, Jovay incorporates off-chain elastic computing to cover the entire process of transaction processing, proof generation, and intermediate data preparation. This ensures stability in highly volatile business scenarios and achieves real-time performance standards comparable to traditional financial systems through enhanced public blockchain performance, enabling seamless interoperability between RWA and traditional markets. Additionally, to maximize the diversity of public blockchain tasks, Jovay features a built-in verifiable computing framework that supports cutting-edge applications such as AI-developed smart contracts and AI-driven trading. This facilitates the penetration of RWA into more scenarios. For instance, Ant has already experimented with on-chain transactions for new energy equipment, and there will be significant opportunities in areas like financial asset trading and cross-border transactions in the future. ✜ The trial reading has ended. The remaining hardcore content is hidden here👇