Ant Chain Yan Ying: Ultimate performance and security and trustworthiness are the eternal pursuit of Web3 technology

On the afternoon of September 5, at the Web3 forum of the 2024 Inclusion·The Bund Conference, Yan Ying, chief scientist of Ant Digital, said that with the gradual maturity and popularization of Web3 technology, the assets, data and physical objects in the physical world will be tokenized and seamlessly connected with the digital world, and tokenization will make transactions more efficient, accelerate the circulation of assets, and stimulate new vitality for economic growth. Yan Ying believes that how to verify the authenticity of assets and how to control the risks of asset circulation are the two major challenges facing asset tokenization, and these should be solved by technology. She mentioned: "Extreme performance and security and trustworthiness are the eternal pursuit of Web3 technology." In the face of large-scale on-chain asset issuance, technology must consolidate the foundation of "large-scale issuance" on the one hand, and solve the authenticity challenge of "security and trustworthiness" of assets on the other hand. Based on this, Ant Chain has built a trusted digital twin technology and a large-scale blockchain open architecture with blockchain as the core, supporting 100,000-level transaction TPS performance, second-level transaction on-chain time, and PB-level data ledger storage and processing capabilities. In addition, Ant Chain has built a full trust closed loop on and off the chain, using secure and verifiable basic technologies to ensure the extension of trust. Through AI-assisted contract auditing tools, it provides efficient, accurate and comprehensive contract security services.