Alipay's ZAN Joins Forces with Core Chain, Bolstering Decentralized Innovation

Web3.0 brand ZAN, owned by Ant Digital Technologies, has joined Core Chain, an EVM-compatible blockchain, as a validator. This partnership aims to enhance the security and decentralization of the Bitcoin-powered Core blockchain through ZAN's technological expertise. ZAN's involvement as a validator strengthens Core Chain's ties to the Asian innovation technology community, marking a significant step for both companies and potentially paving the way for future collaborations in the Asia Pacific region.

Alipay's ZAN Strengthens Core Chain, Paving the Way for Decentralized Innovation

July 27, 2023 - Singapore - Core Chain, the EVM-compatible blockchain, has welcomed ZAN, the Web3.0 brand of Alipay's Ant Digital Technologies, as a validator on its protocol. This strategic partnership is poised to significantly enhance the security, decentralization, and scalability of the Core blockchain.

ZAN: A Pioneer in Web3.0 Technology

ZAN, launched in 2023, is a leading provider of reliable and cost-effective blockchain application development technology and services. Leveraging the TrustBase open-source technology system from AntChain Open Labs, ZAN boasts unique technological advantages in the Web3.0 domain.

"We are delighted to join Core Chain as a validator and contribute our expertise to bolster the security and decentralization of the blockchain infrastructure," said Ethan Duo, CTO of ZAN. "This partnership marks a significant step forward for ZAN and solidifies our commitment to driving innovation in the Web3.0 space."

Strengthening Ties with the Asian Innovation Community

Beyond enhancing Core Chain's technical capabilities, the partnership also strengthens its ties with the vibrant Asian innovation technology community. Brendon Sedo, a Core Initial contributor, remarked, "This collaboration is a major milestone for both companies and paves the way for future collaborations in the Asia Pacific region, where digital technology is rapidly transforming industries."

CORE's Market Performance and Future Outlook

The news of the ZAN alliance follows a remarkable price surge for CORE over the past few weeks. The digital asset has rallied an impressive 547% to reach a 52-week high of $3.68. This surge, fueled by the launch of coreBTC on Core DAO, has propelled CORE into the top 50 largest cryptocurrencies.

Despite a recent correction, CORE remains poised for further price appreciation in the wake of its partnership with ZAN. At the time of writing, the token is trading at $2.95, with analysts predicting a short-term rebound.

Conclusion

The partnership between Core Chain and ZAN is a testament to the growing adoption of blockchain technology by major players in the fintech industry. With ZAN's expertise and Core Chain's commitment to decentralization, this alliance is poised to drive innovation, enhance security, and accelerate the adoption of Web3.0 solutions across the globe.