Conflux Network Partners with World Mobile to Revolutionize Global Connectivity

Conflux Network Partners with World Mobile to Expand Blockchain Connectivity

Conflux Network, the first regulatory-compliant public blockchain in China, has announced a new collaboration with World Mobile, a global mobile network built on the blockchain. The partnership aims to increase connectivity and market penetration in key markets, particularly in Asia and Africa. Here are the key points:

1. Public Bridging: World Mobile Token (WMT) will bridge from the Cardano blockchain into the Conflux blockchain ecosystem. This will be the first bridge outside of the Cardano ecosystem for the mobile network’s native token.

2. Tech Integration: Conflux and World Mobile will collaborate on integrating the Conflux network into World Mobile’s sidechain, AyA, bringing EarthNode capabilities and financial settlement to the Conflux network.

3. Asian and African Market Expansion: The collaboration aims to leverage Conflux and World Mobile’s strong presence in the Asian and African markets to increase connectivity and drive user acquisition. Conflux’s CFX is now one of the top three most popular cryptocurrencies in Nigeria.

4. Blockchain-based SIM Card Development: The two companies will work together to explore how Conflux’s blockchain-based SIM card can increase access to digital connectivity globally.

“Hot Take”

The partnership between Conflux Network and World Mobile is a significant step towards expanding the reach of blockchain technology in Asia and Africa. By leveraging their respective strengths and collaborating on various initiatives, they aim to increase connectivity and drive user adoption in key markets. This partnership has the potential to bring about a more connected and inclusive future, bridging the gap between traditional mobile networks and the blockchain-powered sharing economy.