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<ul><li>China announced a significant blockchain project titled “Ultra-Large Scale Blockchain Infrastructure Platform” for the Belt and Road Initiative.</li><li>Conflux Network will lead the development of this public infrastructure, focusing on cross-border cooperation without involving cryptocurrencies.</li><li>The project aims to foster technological collaboration along the Belt and Road routes, enhancing digital infrastructure and global partnerships.</li></ul>Regulators in China have launched an initiative dubbed the “Ultra-Large Scale Blockchain Infrastructure Platform for the <a href="https://cryptotale.org/china-pioneers-blockchain-expansion-for-belt-and-road-initiative-report/" rel="noopener noreferrer nofollow">Belt and Road Initiative</a>.” The project will see the blockchain infrastructure platform Conflux Network take the helm.Treemap Blockchain Research Institute initially <a href="https://mp.weixin.qq.com/s/jfp2J_zJJOLftIhcNbjkZg" rel="noopener noreferrer nofollow">announced</a> the development on March 30. The announcement followed a demonstration meeting at the Shanghai-based Treemap Institute, where participants included the China Academy of Information and Communications Technology, Shanghai Jiao Tong University, Fudan University, Shanghai Maritime University, and other units.Expert industry leaders from institutions such as the Industrial Development Promotion Center of the Ministry of Industry and Information Technology were in attendance, and representatives from the Shanghai Science and Technology Commission also participated. The initiative aims to establish a public blockchain infrastructure platform, explicitly excluding cryptocurrencies in alignment with the Chinese government&#39;s stance on digital currencies.Visit the links below for more information about Cryptotale :<a href="https://www.instagram.com/cryptotalenews/" rel="noopener noreferrer nofollow">https://www.instagram.com/cryptotalenews/</a><a href="https://www.facebook.com/cryptotalemedia" rel="noopener noreferrer nofollow">https://www.facebook.com/cryptotalemedia</a><a href="https://twitter.com/cryptotalemedia" rel="noopener noreferrer nofollow">https://twitter.com/cryptotalemedia</a><a href="https://t.me/cryptotale_news" rel="noopener noreferrer nofollow">https://t.me/cryptotale_news</a><a href="https://www.linkedin.com/company/cryptotalemedia/" rel="noopener noreferrer nofollow">https://www.linkedin.com/company/cryptotalemedia/</a><a href="https://cryptotale.org/conflux-network-spearheads-chinas-new-blockchain-initiative-no-cryptocurrencies/" rel="noopener noreferrer nofollow">Read full article at CryptoTale.</a>

Conflux Network Spearheads China's New Blockchain Initiative, No Cryptocurrencies

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