China has launched the “Ultra-Large Scale Blockchain Infrastructure Platform for the Belt and Road Initiative,” which is led by Conflux Network.
The program, which aims to establish a robust public blockchain infrastructure platform, demonstrates China’s commitment to blockchain technology and the Belt and Road program.
Conflux Network mentioned in the X post, “The main focus of the project is to create a public blockchain infrastructure platform.”
It further stated that this platform will help with the implementation of cross-border cooperation projects under the Belt and Road Initiative. It will serve as the foundation for developing apps that emphasize cross-border collaboration.
The Conflux Network, a multichain blockchain ecosystem, is operated by the Shanghai Tree-Graph Blockchain Research Institute, also known as the Conflux Foundation.
Despite its opposition to cryptocurrencycurrencies, the mainland Chinese government continues to promote a blockchain program. As a result, there would be no coins or tokens in this blockchain.
