Conflux Network and World Mobile Partner to Enhance Mobile Access via Blockchain Technology

Conflux Network, recognized as China’s inaugural regulatory-compliant public blockchain, has revealed a new partnership with World Mobile, the sole global mobile network utilizing blockchain technology.

Building on the successful launch of the Conflux BSIM card earlier this year, the two organizations will initially collaborate in four key areas as part of this alliance.

1) Public Bridging

The World Mobile Token (WMT) will serve as the first bridge beyond the Cardano ecosystem for the mobile network’s native token, connecting the Cardano blockchain to the Conflux blockchain ecosystem.

2) Tech Integration

To enable EarthNode capabilities and financial settlement on the Conflux network, World Mobile and Conflux will collaborate on the technological integration with World Mobile’s sidechain, AyA.

3) Expansion of the Asian and African Markets

Conflux and World Mobile are well-positioned in the African and Asian markets, respectively. The two companies will leverage these strengths to enhance connectivity, foster user growth, and increase market penetration in key regions. In Nigeria, Conflux’s CFX ranks among the top three most popular cryptocurrencies, which is significant given that Nigeria represents approximately 67% of all crypto interest in Africa. Following a successful commercial launch in Zanzibar earlier this year, World Mobile has completed effective field testing of its hybrid dynamic network in Nigeria.

4) Development of Blockchain-Based SIM Card

World Mobile and Conflux will collaborate to explore how the mobile network can utilize Conflux’s blockchain-based SIM card to enhance global access to digital connectivity.

YuanJie Zhang, Co-Founder of Conflux, commented on the partnership:

“Conflux Network is committed to advancing the frontiers of Web3 adoption at a low cost, with rapid speed and decentralized security. A key strategy is to foster collaboration with telecommunications service providers worldwide. World Mobile is the next major partner Conflux has engaged after China Telecom. Together, we aim to extend affordable and applicable blockchain technology beyond Asia to the global stage.”

Zachary Vann, Head of Token at World Mobile Token, stated:

“We are eager to collaborate with Conflux to create a more connected and inclusive future. This partnership will expedite our market expansion in Asia and facilitate global connectivity. The Conflux network features a unique, regulatory-compliant blockchain, and the world’s first blockchain-based SIM cards present numerous opportunities for our mobile network and our AyA chain. This represents our most significant partnership to broaden our network and sharing economy into the Asian markets and beyond.”