According to the official report, the highly concerned defi ecological category ang announced the official establishment of its core technology laboratory! It is reported that the team members are all from the core technology team of angel alliance, and its chief technology officer is the famous Torrey bavosa. He once served as the engineering director of Facebook and Google, and was the key person to create and develop Microsoft teams and Skype during his time at Microsoft.
 
The ang blockchain laboratory has 1000 technical and service personnel, and the ang digital financial services Industrial Park covers an area of 32000 square meters. It will be committed to developing distributed encrypted digital financial services agreement, creating a high liquidity DFI ecosystem, and providing solutions for cross platform asset circulation, transaction depth sharing, cross chain encrypted asset mortgage stable currency issuance, token bond issuance, on chain payment, transaction settlement and other financial needs.



The research direction of Ang blockchain laboratory is cryptography security and privacy protection. The new blockchain architecture based on trusted hardware includes cross chain data retrieval and cross chain asset exchange, security analysis and scanning of the existing smart contract system, and the specific practice is to independently implement the blockchain platform, realize the method of safely calculating the agreed function in the absence of a trusted third party, and provide the scene of secret sharing and privacy protection. Among them, cross chain protocol, smart contract language development, blockchain technology and security network construction are the core scientific research directions of the laboratory.
 
Compared with traditional financial institutions, the advantage of Ang blockchain laboratory is that through the analysis and judgment of risk parameters, it can better deal with the trust model of pricing, use blockchain technology to accelerate the upgrading of the pattern of traditional finance combined with blockchain, establish a financial system that does not need credit and entrusted agency risk, and realize free exchange on the chain, which is fast, low-cost, and anyone can participate. At the same time, it reduces the risks of manipulation of smart contracts, bad users and excessive debt repayment in defi3.0, and provides users with services with high trust, security and certainty.
 
Torrey bavosa once said in relevant media interviews: in the past two years, we have witnessed the birth and exponential growth of defi, and the depth, breadth and speed of its innovation are unprecedented. Defi is releasing the power of free economy on a global scale. The defi system can provide users with services with high trust, security and certainty, and eliminate the risks and uncertainties brought by human behavior. At present, the team is developing the ang project, but there is still a lot of work to be solved, but we will try to integrate different technologies to truly realize the provision of safety, universal benefits, innovation With transparent encryption and open financial services, it is planned to build the blockchain laboratory into a world-class blockchain laboratory to build a better financial system in the future. "