According to the post of Chinese journalist Wu Blockchain, the Chinese government has launched a blockchain project titled “Ultra-Large Scale Blockchain Infrastructure Platform for the Belt and Road Initiative”.
This project will be managed by Conflux Network.
Just In: The China govenment has launched a blockchain project titled \"Ultra-Large Scale Blockchain Infrastructure Platform for the Belt and Road Initiative\". This project is led by Conflux Network. The main focus of the project is to create a public blockchain infrastructure…
— Wu Blockchain (@WuBlockchain) April 1, 2024
Conflux team confirmed the project they will launch jointly with the Chinese government in their statement on the ” said.
After this news, CFX price started to rise.
*This is not investment advice.