Company: Conflux Network
Founder: Fan Long
Website: https://confluxnetwork.org/en
About Conflux Network
Conflux is a Layer-1 blockchain transforming stablecoin & payment infrastructure for seamless consumer payments.
We founded Conflux in 2018 with a mission to bridge the world of Web3 decentralisation with regulatory compliance in markets like China. From early on, we developed our hybrid Proof of Work and Proof of Stake consensus and Tree Graph architecture to process thousands of transactions per second securely and without congestion.
As the only regulatory-compliant public blockchain in China, Conflux provides a unique advantage for projects building and expanding into Asia. This position has enabled breakthrough partnerships, including our work with China Telecom on blockchain-enabled SIM cards, pilots in Hong Kong and Shanghai, Little Red Book (China’s Instagram), this social media platform lets users mint NFTs on Conflux, and collaborations with McDonald’s China, Oreo and China Mobile’s Migu on digital collectables and decentralised ID. These partnerships reflect the strength of our growing global community, which spans Asia, Africa, Europe, and the Middle East, and includes developers, regulators and enterprises alike.
In 2024, we launched our first real-world asset (RWA) pilot, tokenising battery-swapping stations in China to support infrastructure lending via blockchain. This project marked a significant step in linking decentralised finance with tangible, high-impact energy infrastructure, creating a foundation for future RWA development across the region.
Last year we also introduced PayFi, our stack for Web3-native consumer payments, supported by a 500 million CFX ecosystem fund. This includes programmable payments, cross-border transactions, on-chain settlement infrastructure and enterprise-grade wallet systems.
Looking ahead, we are enhancing the scalability of our Layer 1 with improved storage systems and network performance optimisations. We’re expanding the PayFi stack with more stablecoin integrations, programmable wallet solutions and blockchain-enabled telecom products. Our 500 million CFX incentive fund will continue to support developer teams building real-world solutions on our chain.
In building Conflux, we are creating a network where decentralisation and regulation do not compete but complement one another. We are not just building another blockchain. We are connecting legacy systems with next-generation networks to enable Web3 infrastructure that is practical, compliant and ready to scale.
