Ant Group will put $8.4 billion worth of energy assets on the blockchain.

Author: Martin

Ant Group's digital technology department will integrate energy infrastructure worth 60 billion yuan into blockchain technology, initiating a new model for renewable energy management. Blockchain technology is sparking a revolution in the energy sector, making traditionally heavy-asset energy facilities divisible, tradable, and traceable!

The enterprise solutions division of financial technology giant Ant Group—Ant Digital Technologies—is quietly advancing a large-scale blockchain project that will connect over 60 billion yuan (approximately 8.4 billion USD) in energy infrastructure and other physical power assets to its blockchain platform—AntChain.

This initiative aims to track new energy equipment in China and issue tokens for financing through blockchain technology, marking an important step towards the deep integration of the real economy and blockchain technology.

The world's largest new energy chain network

Ant Digital Technology has established a comprehensive energy equipment monitoring system that tracks the operational status of approximately 15 million new energy devices in China in real-time.

These devices include wind turbines and solar panels, with relevant data uploaded in real time to AntChain. Through the "Blockchain + IoT" technology architecture, AntChain achieves real-time on-chain power data and fault information, ensuring asset confirmation credibility relying on chip-level anti-counterfeiting and dynamic dual-track verification technology.

Tokenized financing practices have shown results

After the assets are on the chain, Ant Digital Technology's next step is to issue tokens linked to these assets. Some work has already begun and has made substantial progress. So far, the company has raised approximately 300 million RMB for three clean energy projects through this method, providing funding for the companies operating these projects.

This innovative financing method demonstrates the enormous potential of blockchain technology in enhancing asset liquidity and financing efficiency.

Technical specifications become industry standards

In March of this year, the "Trusted Blockchain Entity Asset Trusted On-chain Technology Specification" initiated by the China Academy of Information and Communications Technology and Ant Financial was officially established, marking a new phase of standardization for Real World Assets (RWA).

This specification systematically proposes a full process technical framework for data on-chain in scenarios involving physical assets such as manufacturing equipment and energy equipment, aiming to build a credible digital foundation for the trillion-dollar scale RWA market.

Ant Digital Technology has already made plans for this, recently investing in the Pharos Network Technology public chain project and signing a strategic cooperation agreement with Hong Kong financial services company Yunfeng Financial Group Limited.

Blockchain Empowering the Real Economy

Ant Digital Technology is the technology commercialization sector of Ant Group, focusing on cutting-edge technologies such as blockchain, privacy computing, Internet of Things, security technology, and cloud-native.

Blockchain and asset tokenization currently account for only a small portion of Ant Digital Technology's revenue, with the majority of this department's income coming from selling enterprise technology solutions, including privacy and security, to businesses.

This practice of putting energy assets on the blockchain demonstrates the enormous application potential of blockchain technology in the real economy and provides a reference path for the digital transformation of the industry.

Blockchain technology is making energy assets more transparent, traceable, and tradable. Ant Chain's innovative practices not only provide new financing channels for the new energy industry but also offer a replicable model for the integration of traditional assets with blockchain technology.