Ant Digital launches smart proxy contracts, which will be natively deployed on its Layer 2 blockchain, Jovay.

Ant Financial CTO Yan Ying announced the launch of the new "Agentic Contract," which will be natively deployed on its next-generation Layer 2 blockchain, Jovay. "This is a fundamental upgrade for smart contracts," she said, explaining that smart contracts will transition from "automation" based on preset rules to "autonomy" with contextual awareness and dynamic decision-making capabilities, fueling the intelligent transformation of the global value network.