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Conflux

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Conflux Network is a permissionless Layer 1 blockchain that connects decentralized economies worldwide. It utilizes a hybrid PoW/PoS consensus mechanism, ensuring a fast, secure, and scalable blockchain environment. Conflux operates without congestion, maintains low fees, and prioritizes network security. Being the leading regulatory-compliant public blockchain in China, Conflux offers advantages for projects entering the Asian market. In its partnerships, Conflux collaborates with global brands and government entities including, the Shanghai government, China Telecom, Little Red Book (China’s Instagram), McDonald’s China, and Oreo. These noteworthy collaborations serve as a testament to Conflux’s unwavering dedication to driving blockchain and metaverse initiatives. Conflux’s Vision for the Future Conflux is set to expand its payment solutions and PayFi ecosystem, building on our existing suite of Regulated stablecoins(CNH, HKD, USD), prepaid card, blockchain-based SIM card. We envision a future where payments are instantaneous, programmable, and powered by blockchain technology. Our aim is to position Conflux as a leading technical solution in the payment sector. To accelerate this vision, the Conflux Foundation is launching an incentive program to boost the PayFi ecosystem on Conflux. The Foundation will inject 500 million CFX from the ecosystem fund to fuel the growth of PayFi stack components. Stay tuned for more details on how to get involved.

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