Conflux

We are excited to announce a partnership between Alibaba Cloud and Conflux Network to bring innovative Web3 solutions to businesses in Hong Kong. This collaboration aims to revolutionize the retail, tourism, entertainment, arts, education, and other sectors through state-of-the-art technology in the Hong Kong market.Key Partners and Roles<ul><li>Conflux Network: A leader in blockchain technology, offering a fast, secure, and scalable infrastructure for decentralized applications (DApps). The unique Tree-Graph consensus mechanism ensures high transaction speeds and low delays while maintaining security.</li><li>Alibaba Cloud: A leading cloud computing provider offering robust technology and a vast customer base. They excel in supporting the development of secure and efficient blockchain infrastructure and Web3 applications. Their global network, reliable computing resources, and data protection capabilities make them a key player in the cloud computing market.</li><li>Cyberport stands as Hong Kong’s central Web3 hub and the launchpad for Conflux Network. Dedicated to fostering a robust third-generation internet ecosystem, Cyberport received a significant boost last year with a HK$50 million grant from the Hong Kong SAR Government. This funding aims to expedite the Web3 ecosystem’s growth, cultivate talent, advance industry progress, and enhance public awareness of Web3 technologies. Since the creation of Web3Hub&#64;Cyberport, the initiative has drawn approximately 230 Web3 firms from over 15 countries and regions. Among these are three unicorns: Animoca Brands, a leading blockchain gaming company; HashKey, a premier digital asset financial services group in Asia; and CertiK, a top-tier blockchain cybersecurity firm.</li></ul>About the PartnershipLeveraging Conflux’s proven success in China, Alibaba Cloud’s cutting-edge technologies, and the unwavering support from Cyberport’s vibrant community, this collaboration is set to cultivate a thriving Web3 ecosystem in Hong Kong. Our goal is to provide complete solutions that elevate business value across a myriad of industries. Alibaba Cloud’s robust cloud services combined with Conflux’s innovative blockchain technology will empower enterprises of all scales to adopt Web3, while Cyberport will offer essential resources and guidance to foster growth for both large corporations and startups alike.This partnership envisions turning Web3 concepts into tangible solutions, delivering customized services across diverse sectors in Hong Kong. By welcoming more collaborators, we aim to build a dynamic and inventive Web3 ecosystem.Join the MovementAlibaba Cloud, Cyberport, and Conflux warmly invite more partners to join this exciting venture, driving the adoption of Web3 technologies in Hong Kong. Together, we will create a forward-thinking digital landscape.For more information and to join this groundbreaking initiative, please contact the Conflux team via email at bd&#64;confluxnetwork.org.

Alibaba Cloud and Conflux Network Join Forces to Drive Web3 Innovation for Hong Kong Businesses

Conflux Network

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