Conflux HK opens

On October 25, Conflux HK was officially opened at the Hong Kong Cyberport. Professor Long Fan, the founder of Conflux, sent his blessings. Mr. Peter Yan, Chief Executive Officer of Hong Kong Cyberport Management Company Limited, Mr. Terry Chan of Invest Hong Kong SAR Government, Dr. Ming Wu, Co-Founder and CTO of Conflux, and Mr. Zhang Yuanjie, Co-Founder and COO of Conflux, jointly cut the ribbon. JP JP (Australia) and J Global Executive Chairman Dr. Lo Yu-hin also attended the ceremony to congratulate him. Based in Asia and serving the world, Conflux HK will serve as an important starting point for Conflux’s comprehensive internationalization strategy to serve global users and partners.

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Ribbon-cutting ceremony for the opening ceremony

Professor Long Fan, the founder of Conflux, delivered a welcome speech to the guests. Hong Kong’s free, open, inclusive and perfect business culture has been praised by Professor Long Fan as “the ideal environment for Web3 innovation”, and compared with Hong Kong’s choice of Web3, Professor Long Fan prefers Web3 to choose Hong Kong, and Conflux will come to Hong Kong as a pioneer to build the future of Hong Kong’s Web3 and help Hong Kong stand at the forefront of the competition for international financial center. In his future plans for Conflux HK, he will actively work closely with the local research team in Hong Kong to explore new growth points in the field of digital finance. At the same time, Conflux also strives to let the world know China’s scientific and technological innovation capabilities and achievements through Hong Kong’s “window”.

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Professor Long Fan, founder of Conflux, blessed video

Mr Terry Chan of Invest Hong Kong of the HKSAR Government also delivered a speech at the event. He said that Hong Kong’s free, open and regulated business environment is a good foundation and unique advantage for the development of the digital economy. He congratulated Conflux HK on its opening, and hoped that Conflux could leverage Hong Kong’s unique advantages of “being backed by the motherland and connected to the world” to expand its digital business, support the development of the Guangdong-Hong Kong-Macao Greater Bay Area, and connect with the world.

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Terry Chan, Invest Hong Kong of the HKSAR Government

At the opening ceremony, Mr. Peter Yan, Chief Executive Officer of Hong Kong Cyberport Management Company Limited, was present to congratulate and deliver a speech. Peter said that Hong Kong Cyberport has developed into a digital industry-centric innovation community with more than 1,900 technology start-ups at its core, and is striving to become a global digital technology hub and create new economic momentum for Hong Kong. He congratulated Conflux HK on its opening and said that he would support Conflux Hong Kong as much as possible to create Cyberport’s digital advantage.

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Peter Yan, Chief Executive Officer, Hong Kong Cyberport Management Company Limited

Subsequently, Dr. Ming Wu, Co-Founder and CTO of Conflux, delivered a speech at the opening ceremony. He introduced Conflux’s next global strategic plan to the guests, saying that Hong Kong is the first stop of Conflux’s global strategy, and will open offices in Dubai, Europe and other regions in the future, expanding the scope of business radiation and connecting with the global digital ecosystem. At the same time, Dr. Wu Ming said that Conflux HK will make full use of Hong Kong’s geographical advantages in international finance, technology and trade, actively integrate into Hong Kong’s innovation and technology development blueprint, and work with more users and ecosystem partners to give full play to the advantages of technological innovation and contribute to the efficient development of Hong Kong’s digital economy.

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Dr. Ming Wu, Co-Founder and CTO of Conflux

Mr. Zhang Yuanjie, Co-founder and COO of Conflux, introduced the current ecological construction of Conflux, some ecological application cases, and the ecological layout plan of Conflux HK after its launch. He is optimistic about Hong Kong’s role as a financial center in Asia and even the world for a long time, and said that Conflux will continue to export high-quality Web3 underlying infrastructure and ecology, and play a greater supporting role in the development of blockchain technology and digital economy and Web3 in Hong Kong and even China.

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Yuanjie Zhang, co-founder and COO of Conflux

JP JP (Australia) and J Global Executive Chairman Dr. Lo Yu-hin also delivered a speech at the event, welcoming a technology pioneer like Conflux to Hong Kong, taking root in Hong Kong, and expressing his best wishes for the future development of Conflux HK.

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JP JP Dr. Lo Yu-hin

Founded in 2018, Conflux is centered on its founder, Professor Long Fan, chief scientist, and Academician Yao Chi-chih, the only Turing Award winner in China, and has gathered a group of top young computer scientists from Tsinghua University, Shanghai Jiao Tong University, University of Science and Technology of China, Massachusetts Institute of Technology (MIT) and other famous universities at home and abroad. After two years of intensive research and development, the Conflux team launched the Conflux public chain to the world. As the only compliant public chain infrastructure in China and one of the high-quality underlying infrastructure settings for the development of Web 3.0 at this stage, Conflux public chain has achieved 3000+ TPS, 5000+ nodes, 0.5s block generation, and data confirmation within 23s, and the mainnet has been running stably for nearly three years, with 24.7 million accounts on the chain, a total of 127 million transactions, nearly 18,000 smart contracts deployed, and the network scale (number of consensus nodes) ranking third in the world. It is the only blockchain public chain in China that ranks among the world’s first echelon and leads the world in performance.

At the opening ceremony, Dr. Wu Ming also introduced the Blockchain SIM card (BSIM card) jointly developed by Conflux and China Telecom. BSIM card is a secure and convenient Web 3.0 user terminal entry solution that uses the hardware security advantages of SIM cards to protect users’ private keys. He said that in the coming stage, Conflux HK will start to promote the pilot work of BSIM cards in Hong Kong.

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In the context of the development of the global digital economy, digital transformation is an active choice to adapt to the digital economy. BSIM card can solve the identity authentication problem of the combination of the digital world and the real world, so the next focus of the industrialization of the digital economy is the deep integration of digital and real world assets. In his speech at the ceremony, Dr. Wu Ming mentioned that in the future, Conflux HK will actively deploy its digital economy compliance business, as the underlying blockchain infrastructure of the digital economy, support Hong Kong and the Greater Bay Area to vigorously develop a Hong Kong-dollar-based blockchain cross-border trade settlement system, and gradually build a digital payment ecosystem in combination with the “Belt and Road” strategy, so as to unleash the data potential and innovative value of Hong Kong and the Greater Bay Area.

Conflux HK welcomes partners from all industries to consult and engage, and will also promote a more prosperous and diverse ecosystem to prosper and develop on top of Conflux. Relying on the Guangdong-Hong Kong-Macao Greater Bay Area, using Hong Kong as the outlet for Conflux’s digital innovation, Conflux will embrace policies and explore the innovation strength and innovation prospects of the digital economy and Web 3.0.

Source: Golden Finance