Ant Unveils Blockchain Product as Group Approved for World's Biggest IPO

As Jack Ma's Ant Group gets Hong Kong approval for its $30 billion IPO, it has rolled out a blockchain platform aimed at protecting users' copyrights.

AccessTimeIconOct 22, 2020 at 10:48 a.m. UTC
Updated May 9, 2023 at 3:12 a.m. UTC
10 Years of Decentralizing the Future
May 29-31, 2024 - Austin, TexasThe biggest and most established global hub for everything crypto, blockchain and Web3.Register Now

Ant Group continues to roll out blockchain-based platforms, announcing a way for content creators to protect their copyright on Thursday.

  • Built on its AntChain network and using AI technology as well as blockchain, the digital copyright platform allows creators to "quickly authenticate and verify a variety of original works," the company said in a press release.
  • These can include musical scores, videos, images, articles and essays.
  • After loading a work to be protected onto the platform, it first checks that the content is the only version within its database.
  • If so, a "unique digital copyright certification" containing information about the work and a notary stamp is created.
  • Ant Group said these "tamper-proof" certifications could be submitted as evidence in copyright infringement and tort disputes.
  • The copyright platform offers users search tools allowing them to monitor and flag potential copyright infringement, and can also potentially save creators compared with traditional copyright registration and certification services, Ant said.
  • The announcement comes as the group received final approval from Hong Kong’s stock exchange for what is slated to be the world’s biggest-ever initial public offering.
  • The Financial Times said Wednesday the green light sets off final preparations for the dual listing in Hong Kong and Shanghai, set to raise a massive $30 billion.
  • Owned by billionaire Jack Ma, the group is now said to be worth $318 billion according to analysts cited by the FT.
  • Why Worldcoin Is Launching a Layer 2
    20:07
    Why Worldcoin Is Launching a Layer 2
  • Polymarket Traders Bet on Fed Rate Cuts; Bitcoin Spot ETFs Register Five-Day Withdrawals Streak
    02:17
    Polymarket Traders Bet on Fed Rate Cuts; Bitcoin Spot ETFs Register Five-Day Withdrawals Streak
  • Base Monthly Active Addresses Increased by 160% in March: Nansen
    00:50
    Base Monthly Active Addresses Increased by 160% in March: Nansen
  • Bitcoin Halving: We Answer Your Questions
    04:16
    Bitcoin Halving: We Answer Your Questions
  • Disclosure

    Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.

    CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. In November 2023, CoinDesk was acquired by the Bullish group, owner of Bullish, a regulated, digital assets exchange. The Bullish group is majority-owned by Block.one; both companies have interests in a variety of blockchain and digital asset businesses and significant holdings of digital assets, including bitcoin. CoinDesk operates as an independent subsidiary with an editorial committee to protect journalistic independence. CoinDesk employees, including journalists, may receive options in the Bullish group as part of their compensation.


    Learn more about Consensus 2024, CoinDesk's longest-running and most influential event that brings together all sides of crypto, blockchain and Web3. Head to consensus.coindesk.com to register and buy your pass now.