Conflux to develop a blockchain network

Conflux to develop a blockchain network

The Conflux Foundation would be utilizing the $35 million in funds for the development of a new blockchain network. The companies such as Huobi, Sequoia China and Baidu Ventures invested contributed to the fund. The Conflux Foundation is to unveil a new public blockchain during the third quarter of the succeeding year with the testing to happen in February.

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