The digital technology division of Ant Group has integrated energy infrastructure worth RMB 60 billion with blockchain technology, ushering in a new model for renewable energy management. Blockchain technology is revolutionizing the energy sector, making traditionally heavy-asset energy facilities divisible, tradable, and traceable!

Ant Digital Technologies (Ant Digital Technologies), the enterprise solutions arm of fintech giant Ant Group, is quietly advancing a large-scale blockchain project. It is connecting over RMB 60 billion (approximately $8.4 billion) worth of energy infrastructure and other physical power assets to its blockchain platform—AntChain.

This initiative aims to track new energy equipment and issue tokenized financing in China using blockchain technology, marking a significant step forward in the deep integration of the real economy with blockchain technology.

World’s Largest New Energy On-Chain Network

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

These devices include wind turbines and solar panels, with relevant data uploaded to AntChain in real time. Through its "blockchain + IoT" technical architecture, AntChain achieves real-time on-chain recording of power data and fault information. Leveraging chip-level anti-counterfeiting and dynamic dual-track verification technology, it ensures trusted asset authentication.

Tokenized Financing Practices Show Results

After putting assets on-chain, Ant Digital Technologies’ next step is to issue tokens linked to these assets. Some work has already begun and made substantial progress. To date, the company has completed financing for three clean energy projects through this method, raising approximately RMB 300 million for the companies operating these projects.

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

Technical Specifications Become Industry Standards

In March of this year, the "Trusted Blockchain Technical Specifications for Trusted On-Chain Recording of Physical Assets," led by the China Academy of Information and Communications Technology (CAICT) and Ant Digital Technologies, was officially approved. This marks a new stage of standardization for Real World Assets (RWA).

Targeting scenarios such as manufacturing equipment and energy equipment, these specifications systematically propose a full-process technical framework for data on-chain recording for the first time, building a trusted digital foundation for the trillion-dollar RWA market.

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

Blockchain Empowers the Real Economy

Ant Digital Technologies is the technology commercialization segment of Ant Group, focusing on cutting-edge technologies such as blockchain, privacy computing, IoT, security technology, and cloud-native solutions.

Blockchain and asset tokenization businesses currently account for only a small portion of Ant Digital Technologies’ revenue. The division’s main income comes from selling enterprise technology solutions, including privacy and security, to businesses.

This practice of putting energy assets on-chain showcases the vast application potential of blockchain technology in the real economy, providing a replicable path for the digital transformation of the industry.

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