Conflux, an open blockchain, has announced an exclusive partnership. The platform recently announced on Twitter that it is presently a participant in the Hong Kong-based Institute of Web 3.0. As per the company, this collaboration would be very beneficial for it in its future development. It added that that respective partnership will enhance the innovations within the jurisdiction of Hong Kong.
Conflux Network Partners up with Hong Kong Web 3.0 Institute
In its posts on the official Twitter channel, the company pointed out the respective institute’s purpose. As per it, the Institutes is devoted to setting an exclusive standard for the Web3 sector operating within Hong Kong. In addition to this, the company also brought to the front the objectives set by the respective project. One of those targets is to advance the Web3 world.
For this purpose, several industrial and research-based collaborations would be carried out. Another objective focuses on the promotion of a talented series of partnerships. Apart from that, the project also provides considerable attention to tackling the technical challenges. In this respect, the institute has a target to overwhelm the respective difficulties with efficiency and transparency.
The Collaboration Aligns with Conflux’s Web3-Related Initiatives
The platform moved on to say that its network offers an exclusive advantage to several projects. Hence, the projects that intend to develop as well as broaden their presence within the Asian region can avail themselves of its services. Keeping this in view, Conflux has decided to be a collaborator of the Hong Kong Web 3.0 Institute.
According to the platform, its senior position among the members of the respective institute is perfectly in line with its initiatives. Moreover, it expressed its enthusiasm for partnering with the rest of the Web3-based players. It added that this displays its support for Hong Kong’s development in Web3.