Conflux Receives $5M Investment Fund From Shanghai Government


Source: altcoinbuzz.io altcoinbuzz.io

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Conflux Receives $5M Investment Fund From Shanghai Government The blockchain space, in recent times, has attracted the attention of the Chinese government. By WhatsApp The People’s Republic of China (PRC), though not a fan of cryptocurrencies, has shown major interest in its underlying technology – blockchain. In line with this, the government of one of China’s major mainland cities, Shanghai, has invested $5 million in Conflux. Conflux is a Beijing-based blockchain startup company. The funding makes Conflux the first-ever public blockchain platform to be supported by the Chinese government. The blockchain firm has also been listed as one of the...