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Alibaba's Ant Group releases all-in-one for blockchain

By Phate Zhang
Jul 23, 2020 at 5:30 PM UTC
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Alibaba's Ant Group releases all-in-one for blockchain-CnTechPost

Ant Group, the fintech arm of Alibaba, today announced the upgrade of the Ant Blockchain to "Ant Chain" and the release of an all-in-one machine for the Ant Chain.

This is China's first all-in-one hardware and software machine for blockchain, and Ant Group says it will provide developers with strong privacy, high performance, and high-security blockchain technology services, saving over 90% of deployment time.

The Ant Chain all-in-one uses the world's first hardware privacy protection solution, and Ant Group, Alibaba's hardware team, and Alibaba's chip design arm Pingtouge have jointly developed the first dedicated processing hardware for blockchain smart contracts - the Blockchain Secure Computing Hardware.

It has a trusted execution environment with an autonomous and controllable root of trust to ensure data security and privacy during contract execution.

The all-in-one machine is based on more than 300 software and hardware patents. In addition to the blockchain secure computing hardware, it also integrates several core hardware technologies such as blockchain crypto cards and blockchain network consensus accelerator.

The self-developed cryptographic card has the highest security qualification in China, which can ensure the security of key use in various application environments.

According to Ant Group, in addition to its core technical advantages, Ant Chain All-in-One can greatly improve the deployment efficiency of blockchain, which is expected to save more than 90% of deployment time.

It also improves transaction speed by 30%, reduces consensus latency by 40%, and accelerates cryptographic operations by a factor of 5-10.

According to Ant Group, Ant Chain will reshape trust in the digital economy, allowing blockchain to transform production and life in the same way as mobile payments.

Alibaba's Ant Group releases all-in-one for blockchain-CnTechPost

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