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Cryptocurrency News Articles

ZAN and Mysten Labs Partner to Advance Web3 Infrastructure Development

Aug 13, 2024 at 08:13 am

Mysten Labs, a web3 infrastructure company and the original contributor to the Sui blockchain, today announced a partnership with ZAN, the technology brand

ZAN and Mysten Labs Partner to Advance Web3 Infrastructure Development

Web3 technology brand ZAN, owned by Ant Digital Technologies, will operate a Sui RPC node with Mysten Labs, the original contributor to the Sui blockchain and a web3 infrastructure company, they announced today.

The partnership will see Mysten Labs provide technological support in two key areas: KYC infrastructure and RPC node services for ZAN, which will provide KYC services for projects building on Sui, contributing essential compliance solutions for the blockchain. ZAN will also officially launch Sui's RPC node services, enhancing the blockchain's scalability and accessibility for developers and users in the APAC region.

“We are excited to build a partnership with Mysten Labs. Sui is a star public chain dedicated to technology and value creation, with a rich ecosystem and diverse applications. Similarly, ZAN stems from a technology-driven team, and we are committed to building the next-generation technological infrastructure for the Web3 industry. We look forward to more technical exchanges between each other, jointly promoting innovation and development in the entire industry,” said Cobe Zhang, Chief Operating Officer of ZAN.

Together, Mysten Labs and ZAN will explore building opportunities in areas such as payments, data, digital identity, and more, with the goal of delivering innovative solutions that benefit consumers, businesses, and the local community, ultimately discovering and supporting web3 super app opportunities. Both organizations are committed to fostering a collaborative environment and look forward to sharing updates on the partnership's milestones as they are achieved.

“We are thrilled to be working alongside the ZAN team and the broader Ant Digital Technologies, to bring an e-KYC solution to the broader digital asset ecosystem to market,” said Adeniyi Abiodun, Chief Product Officer and Co-Founder of Mysten Labs. “This collaboration marks a significant milestone for Sui and the broader web3 ecosystem in Hong Kong and the broader APAC region. By combining our strengths, we can accelerate the development of innovative applications that will benefit millions of users.”

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