Alibaba Cloud and Conflux announced a partnership to provide localized Web3.0 industry solutions for Hong Kong companies, focusing on supporting industries such as retail, tourism, entertainment, art, and education.

Combining Conflux's rich and successful experience in mainland China, with Alibaba Cloud's extensive customer resources and policy advantages, we will jointly build Hong Kong's Web3.0 ecosystem. As a leader in the blockchain field, Conflux is committed to providing high-performance, scalable and secure infrastructure for decentralized applications (DApps). With the innovative Tree-Graph consensus mechanism, Conflux is able to achieve high transaction throughput and low latency while ensuring security and decentralization.

Conflux is a member of the Cyberport Incubation Program. As the base camp of Hong Kong's Web3.0, Cyberport is committed to building a thriving third-generation Internet ecosystem.

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