HANGZHOU, China, July 15, 2025 /PRNewswire/ — The Jovay testnet officially launched today, marking a significant milestone in blockchain technology. Developed by Ant Digital Technologies, this innovative platform is tailored for institutional-grade applications, with a focus on Real-World Assets (RWA) and beyond. Jovay addresses key challenges faced by traditional Layer 2 solutions through three groundbreaking technologies: a parallel execution architecture, a progressive hybrid verification mechanism, and a modular design. These advancements enable high-volume, rapid on-chain transactions, with the mainnet slated for release in Q4 2025.
Jovay’s three-tier pipeline parallel architecture operates at the transaction, block, and batch levels. This design dramatically increases throughput and slashes user response times to mere fractions of a second, ensuring real-time performance for critical operations like transfers and RWA contract executions.
To tackle the persistent issues of prolonged verification times and dispute resolution delays inherent in traditional Rollup solutions, Jovay implements a dual-proof system. This system ingeniously combines Trusted Execution Environments (TEE) with emerging Zero-Knowledge Proofs (ZKP), striking a balance between performance and reduced reliance on centralized hardware trust.
The platform’s modular architecture allows for independent upgrades of core components, ensuring adaptability to technological advancements.
By harnessing cutting-edge technology and proven solutions, Jovay aims to catalyze asset liquidity. The platform plans to integrate key Ethereum ecosystem resources, including decentralized wallets, oracles, fund custody services, and robust security and compliance measures. This integration will culminate in a comprehensive digital asset solution, offering users a seamless, efficient, and secure on-chain asset management experience.
A Jovay spokesperson emphasized that the platform’s architecture is rooted in deep understanding of real-world financial scenarios. Since its unveiling in Dubai this April, Jovay has garnered significant interest from global institutions. The testnet launch demonstrates blockchain’s capacity to meet the exacting standards of institutional-grade financial transactions while maintaining decentralized integrity. This development represents a pivotal moment in Web3’s journey towards mainstream financial adoption.
Jovay is actively seeking forward-thinking ecosystem partners to collaborate in shaping this new financial landscape. The company welcomes discussions with committed industry players for mutually beneficial partnerships.
Contact: info@jovay.io
Connect on Twitter: https://x.com/JovayNetwork
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