China Launches Groundbreaking Blockchain Platform for Belt and Road Initiative

The Chinese government, in a pioneering move, has unveiled a new blockchain infrastructure platform spearheaded by the Conflux Network. Named the “Ultra-Large Scale Blockchain Infrastructure Platform for the Belt and Road Initiative,” this project is designed to serve as a foundational public blockchain tailored for cross-border applications. An announcement on April 1 by Conflux Network highlighted the platform’s ambition to foster cross-border cooperation along the Belt and Road Initiative, aiming to “create a public blockchain infrastructure platform” that supports the development of applications facilitating international collaboration. Conflux Network, recognized for its multichain blockchain ecosystem, operates under the guidance of the