Conflux Community, China’s first regulatory-compliant public blockchain, introduced a brand new cooperation with World Cellular, the one world blockchain-based cell community.
Following the profitable launch of the Conflux BSIM card earlier this yr, the 2 corporations will initially collaborate in 4 areas below this relationship.
1) Public gateway
World Cellular Token (WMT) would be the first bridge outdoors the Cardano ecosystem for the native cell community token, connecting the Cardano blockchain to the Conflux blockchain ecosystem.
2) Technological integration
To be able to present the Conflux community with EarthNode capabilities and financial settlement, World Cellular and Conflux will work collectively on its technological integration with World Cellular’s sidechain, AyA.
3) Growth of Asian and African markets
African and Asian markets are nicely represented by Conflux and World Cellular, respectively. Collectively, the 2 corporations will use these advantages to drive connection, promote person development, and increase market penetration in essential areas. In Nigeria, Conflux CFX is now among the many prime 3 hottest cryptocurrencies. That is significantly essential since Nigeria accounts for about 67% of all crypto pursuits in Africa. After a profitable industrial debut in Zanzibar earlier this yr, World Cellular has now efficiently accomplished subject testing of its Dynamic Hybrid Community in Nigeria.
4) Improvement of a blockchain-based SIM card
World Cellular and Conflux will work collectively to find out how the cell community can use Conflux’s blockchain-based SIM card to increase world entry to digital connectivity.
YuanJie Zhang, co-founder of Conflux, stated of the partnership:
Zachary Vann, Head of Token, World Cellular Token added:
