Conflux Network Brings Affordable and High-Performing Blockchain Technology to Hong Kong with BSIM Pilot Project

It is reported that Conflux Network announced that it will launch the first BSIM pilot project in Hong Kong later this year in cooperation with China Telecom. …

Conflux Network Brings Affordable and High-Performing Blockchain Technology to Hong Kong with BSIM Pilot Project

It is reported that Conflux Network announced that it will launch the first BSIM pilot project in Hong Kong later this year in cooperation with China Telecom. It is reported that BSIM card integrates Conflux’s tree graph, dual proof of rights and workload proof technology, and can achieve the highest system performance for any blockchain in the world. Conflux hopes that this behavior can reduce the threshold for users to enter Web3 and Metaverse.

China Telecom will cooperate with Conflux Network to pilot blockchain-supported SIM cards in Hong Kong

Interpretation of the news:


Conflux Network, the decentralized platform of blockchain technology, has announced that it will be launching a groundbreaking blockchain technology, the BSIM card, in Hong Kong later this year. In partnership with China Telecom, Conflux Network aims to bring a high-performing and affordable blockchain solution to users in Hong Kong, one that integrates their tree graph, dual proof of rights, and workload proof technology. The company believes that this launch will reduce the entry threshold for users looking to access Web3 and Metaverse spaces.

The BSIM card is a next-generation solution for blockchain processing that boasts unparalleled performance capabilities. In fact, it is reported that the BSIM card can achieve the highest system performance for any blockchain in the world – this alone makes it an attractive solution for institutional clients and also for individual users who wish to access high-performing technology. This card is a significant upgrade from existing products in Hong Kong that offer limited processing power, poor speed, and low power efficiency, which currently discourage the adoption of blockchain.

The deployment of the BSIM card in Hong Kong represents a major milestone in Conflux Network’s development roadmap as the company now seeks to expand into international markets. The project also highlights the company’s continued commitment to empowering its users to participate in the decentralized ecosystem by providing them with high-performance, affordable and convenient solutions.

Furthermore, the BSIM card will play a critical role in driving the adoption of the Metaverse in Hong Kong. The Metaverse is a digital world that has received a lot of attention in recent months as it is seen as the future of the internet. It is a virtual environment where users can interact, perform activities, and consume content using virtual currency, and is accessible from various devices. With its high-performance BSIM card, Conflux Network is positioning itself as a leading technology provider in this space, making the platform more accessible to users in Hong Kong and beyond.

In conclusion, Conflux Network’s BSIM card pilot project in Hong Kong marks a significant milestone in the development of blockchain technology. The technology offers a high-performing, accessible, and convenient blockchain solution, which can boost the adoption of blockchain technologies and Metaverse spaces. By collaborating with partners like China Telecom, Conflux Network is showing its commitment to advancing blockchain technology and helping its users to participate in the Web3 and Metaverse eco-systems.

This article and pictures are from the Internet and do not represent Fpips's position. If you infringe, please contact us to delete:https://www.fpips.com/639/

It is strongly recommended that you study, review, analyze and verify the content independently, use the relevant data and content carefully, and bear all risks arising therefrom.