Ant Group's Jovay has launched a testing network, and the main network will be launched in Q4

On July 15th, Jovay Test Network was officially launched. As a blockchain platform specially designed by Ant Group for institutional level application scenarios, it aims to serve various application scenarios, including RWA. Jovay has solved the core pain points of traditional Layer2 solutions in terms of performance, security, compliance, and scalability through three major technologies: parallel execution architecture, progressive hybrid verification mechanism, and modular architecture, making large-scale high-frequency transactions on the chain possible. It is reported that Jovay plans to complete the mainnet launch in the fourth quarter of 2025. It is reported that Jovay's three-layer pipeline parallel architecture, including transaction level, block level, and batch level, can significantly improve throughput while reducing user response time to less than 1 second, ensuring real-time performance in scenarios such as transfers and RWA contract calls. Jovay adopts a dual proof architecture system consisting of Trusted Execution Environment (TEE) and Zero Knowledge Proof (ZKP in progress) to address issues such as long validation time and delayed dispute periods in traditional Rollup schemes. This system balances performance while reducing trust dependence on centralized hardware. Jovay also adopts a modular architecture, which allows for independent upgrades of each core module based on technological evolution. Relying on leading technology and mature solutions, Jovay will accelerate the release of asset liquidity. In addition, Jovay plans to integrate Ethereum ecosystem resources, including decentralized wallets, oracle machines, fund custody, security compliance, and ultimately form an end-to-end digital asset solution. Provide users with convenient, efficient, and secure on chain asset services. Jovay's architecture design is based on deep insights into real-world scenarios, "said Jovay's official statement." Since its debut in Dubai in April, Jovay has been widely welcomed by institutions worldwide. The launch of the Jovay testnet means that blockchain meets and solves the high-quality needs of financial grade transactions while maintaining a decentralized architecture. This is a key milestone for Web 3.0 infrastructure to enter mainstream financial markets. '' (Source: MetaEra)