Conflux Community, China’s first regulatory-compliant public blockchain, has introduced a brand new collaboration with World Cellular, the one world blockchain-based cell community.
Following the profitable debut of the Conflux BSIM card earlier this 12 months, the 2 firms will initially collaborate in 4 areas as a part of this relationship.
1) Public bridge
The World Cellular Token (WMT) would be the first bridge outdoors of the Cardano ecosystem for a cell community native token, connecting the Cardano blockchain to the Conflux blockchain ecosystem.
2) Technical integration
So as to allow Conflux’s community EarthNode and money settlement, World Cellular and Conflux will work collectively to realize technological integration with World Cellular’s sidechain AyA.
3) Improvement of Asian and African markets
The African and Asian markets are effectively represented by Conflux and World Cellular respectively. Collectively, the 2 firms will leverage these strengths to extend connectivity, drive person progress and increase market penetration in vital areas. Conflux CFX is now among the many high 3 cryptocurrencies in Nigeria. That is particularly vital as Nigeria accounts for about 67% of all cryptocurrency curiosity in Africa. Following a profitable industrial debut in Zanzibar earlier this 12 months, World Cellular has accomplished profitable hybrid dynamic community trials 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 common digital entry.
YuanJie Zhang, founding father of Conflux, mentioned of the partnership:
Zachary Vann, Head of Tokens at World Cellular Token, added: