Ant Financial's Jovay launches testnet, mainnet to be launched in Q4

Odaily Planet Daily News On July 15, the Jovay test network was officially launched. As a blockchain platform built by Ant Digital for institutional-level application scenarios, it aims to serve various application scenarios including RWA. Jovay solves the core pain points of traditional Layer2 solutions in performance, security, compliance and scalability through three technologies: parallel execution architecture, progressive hybrid verification mechanism and modular architecture, making large-scale high-frequency transactions on the chain possible. It is understood that Jovay plans to complete the mainnet launch in the fourth quarter of 2025. It is reported that Jovay can significantly improve throughput while shortening user response time to within 1 second through a three-layer pipeline parallel architecture at the transaction level, block level and batch level, ensuring the real-time performance of scenarios such as transfers and RWA contract calls. In response to the problems of long verification time and delayed dispute period of traditional Rollup solutions, Jovay adopts a dual-proof architecture system of trusted execution environment (TEE) and zero-knowledge proof (ZKP), which takes into account performance while reducing the trust dependence on centralized hardware. Jovay also adopts a modular architecture, which allows independent upgrades of each core module based on technological evolution.