Conflux and World Mobile team up to expand blockchain-based mobile access

(Press Release – Toronto, Canada, July 20, 2023)

flow The network, China’s first regulatory-compliant public blockchain, today announced a new collaboration with World Mobile, the only global mobile network built on the blockchain.

The partnership follows the successful launch of Conflux BSIM cards earlier this year and the two companies will initially work together in four areas:

1) Public Bridging

The World Mobile Token (WMT) will bridge from the Cardano blockchain to the Conflux blockchain ecosystem and will be the first bridge outside the Cardano ecosystem for the mobile network’s native token.

2) Tech Integration

World Mobile and Conflux will collaborate on the technical integration of the Conflux network into World Mobile’s sidechain, AYA, bringing Earthnode capabilities and financial settlement to the Conflux network.

3) Expansion of Asian and African market

Conflux and World Mobile have strong presence in the Asian and African markets respectively. Both businesses will work together to leverage these strengths to increase connectivity, drive user acquisition and drive market penetration in key markets. Conflux’s CFX is now in the top 3 of most Popular cryptocurrencies in Nigeria, This is particularly relevant as Nigeria holds approximately 67% of crypto interests in Africa. World Mobile recently concluded successful field test Following a successful commercial launch in Zanzibar earlier this year, its hybrid dynamic network debuts in Nigeria.

4) Blockchain-based SIM card development

World Mobile and Conflux will collaborate on how mobile networks can best use Conflux’s blockchain-based SIM cards to expand access to digital connectivity around the world.

Yuanjie Zhang, co-founder of Conflux, said of the partnership: “Conflux Networks takes very seriously its mission to push the boundaries of Web3 adoption at a lower cost with faster speeds and decentralized security. An important strategy is to promote cooperation with telecommunication service providers around the world. World Mobile is the next important partner that Conflux has roped in after China Telecom. Together, affordable and applicable blockchain technology has been taken beyond Asia to the rest of the world.

Zachary Wan, Token Head, World Mobile Tokens, said: “We are excited to partner with Conflux to build a more connected and inclusive future. This partnership will accelerate our market expansion in Asia and provide connectivity globally. Conflux Network has a unique, regulatory-compliant blockchain, and the world’s first blockchain-based SIM card brings many opportunities to our mobile network and our AyA series. This is our most important partnership to expand our network and sharing economy in the Asian markets and beyond.

about conflux

Conflux Network is a permissionless Layer 1 blockchain that connects decentralized economies across borders and protocols. Recently moving to hybrid PoW/PoS consensus, Conflux provides a fast, secure and scalable blockchain environment with zero congestion, low fees and improved network security.

As the only regulatory-compliant public blockchain in China, Conflux offers a unique advantage for projects to build and scale in Asia. Conflux has collaborated with global brands and government entities in the region on blockchain and metaverse initiatives, including the city of Shanghai, McDonald’s China and Oreo.

learn more:

About World Mobile

World Mobile was founded with a far-reaching goal: to connect everyone, everywhere, while advocating for economic freedom and dignity. Unlike traditional mobile networks, World Mobile is based on blockchain and encourages people to be part of a sharing economy that taps into the trillion-dollar global telecommunications market. Individuals and business owners around the world can operate nodes on its network and bring their community online while earning revenue.

learn more:

(Press Release – Toronto, Canada, July 20, 2023)

flow The network, China’s first regulatory-compliant public blockchain, today announced a new collaboration with World Mobile, the only global mobile network built on the blockchain.

The partnership follows the successful launch of Conflux BSIM cards earlier this year and the two companies will initially work together in four areas:

1) Public Bridging

The World Mobile Token (WMT) will bridge from the Cardano blockchain to the Conflux blockchain ecosystem and will be the first bridge outside the Cardano ecosystem for the mobile network’s native token.

2) Tech Integration

World Mobile and Conflux will collaborate on the technical integration of the Conflux network into World Mobile’s sidechain, AYA, bringing Earthnode capabilities and financial settlement to the Conflux network.

3) Expansion of Asian and African market

Conflux and World Mobile have strong presence in the Asian and African markets respectively. Both businesses will work together to leverage these strengths to increase connectivity, drive user acquisition and drive market penetration in key markets. Conflux’s CFX is now in the top 3 of most Popular cryptocurrencies in Nigeria, This is particularly relevant as Nigeria holds approximately 67% of crypto interests in Africa. World Mobile recently concluded successful field test Following a successful commercial launch in Zanzibar earlier this year, its hybrid dynamic network debuts in Nigeria.

4) Blockchain-based SIM card development

World Mobile and Conflux will collaborate on how mobile networks can best use Conflux’s blockchain-based SIM cards to expand access to digital connectivity around the world.

Yuanjie Zhang, co-founder of Conflux, said of the partnership: “Conflux Networks takes very seriously its mission to push the boundaries of Web3 adoption at a lower cost with faster speeds and decentralized security. An important strategy is to promote cooperation with telecommunication service providers around the world. World Mobile is the next important partner that Conflux has roped in after China Telecom. Together, affordable and applicable blockchain technology has been taken beyond Asia to the rest of the world.

Zachary Wan, Token Head, World Mobile Tokens, said: “We are excited to partner with Conflux to build a more connected and inclusive future. This partnership will accelerate our market expansion in Asia and provide connectivity globally. Conflux Network has a unique, regulatory-compliant blockchain, and the world’s first blockchain-based SIM card brings many opportunities to our mobile network and our AyA series. This is our most important partnership to expand our network and sharing economy in the Asian markets and beyond.

about conflux

Conflux Network is a permissionless Layer 1 blockchain that connects decentralized economies across borders and protocols. Recently moving to hybrid PoW/PoS consensus, Conflux provides a fast, secure and scalable blockchain environment with zero congestion, low fees and improved network security.

As the only regulatory-compliant public blockchain in China, Conflux offers a unique advantage for projects to build and scale in Asia. Conflux has collaborated with global brands and government entities in the region on blockchain and metaverse initiatives, including the city of Shanghai, McDonald’s China and Oreo.

learn more:

About World Mobile

World Mobile was founded with a far-reaching goal: to connect everyone, everywhere, while advocating for economic freedom and dignity. Unlike traditional mobile networks, World Mobile is based on blockchain and encourages people to be part of a sharing economy that taps into the trillion-dollar global telecommunications market. Individuals and business owners around the world can operate nodes on its network and bring their community online while earning revenue.

learn more: