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Ant Digital Launches Layer2 Blockchain Jovay and Virtual Machine DTVM

On April 30, Ant Digital announced in Dubai the launch of Layer2 blockchain Jovay for overseas markets, a high-performance trusted blockchain platform designed for RWA transactions, using a three-stage hierarchical confirmation mechanism to ensure transaction verifiability, support 100,000 TPS throughput and 100 milliseconds on-chain response time. In addition, Ant Digital's open-source new generation of blockchain virtual machine DTVM (DeTerministic Virtual Machine) debuted. DTVM integrates SmartCogent, a large language model development framework, and is fully compatible with the Ethereum ecosystem, eliminating language barriers for cross-platform development for RWA scenario developers.