Twitter Telegram

    Learn everything Crypto, Blockchain & Web3 | ApeSpace Learn
    • View Charts HOT
    • Rugs/Exploits
    • Tutorials & Tips
    • Sponsored & PR
    Telegram Twitter

    Learn everything Crypto, Blockchain & Web3 | ApeSpace Learn
    Sponsored & PR

    China’s “Instagram” Chooses Conflux Network For Permissionless Blockchain Integration

    By ApeSpaceJanuary 25, 2023

    Little Red Book, (XiaohongShu), the Chinese version of Instagram integrates Conflux Network as permissionless blockchain allowing users to showcase NFTs minted on Conflux on their profile page in the digital collection section called ‘R-Space’.

    The platform has more than 200 million active monthly users and this integration brings NFTs a step closer to mass adoption, where people are actively using Web3 technology on a daily basis within a Web2 system.  

    Little Red Book has previous alliances with blockchains and NFTs but never a permissionless network. 

    Ming Wu, CTO of Conflux said “large internet industry players in China have initiated efforts embracing the Web3 transition. Conflux is becoming the major bridge connecting the two worlds and taking a leadership role to expand Web3 technology into traditional industry scenarios.”

    From a regulation perspective, having such a large-scale company integrate a permissionless blockchain further solidifies China’s pro-NFT position and suggests we can expect an increase in local companies considering blockchain technology integration with existing Web2 companies. 

    The first Conflux NFT supported by Little Red Book is from the Mimic Shhans community, which has a large Chinese community base, and owners of the original NFT can go through a predefined process to receive the Conflux NFT that can be shown on their Little Red Book profile page.

    To see full images please see the Dropbox link.  

    About Conflux

    Conflux is a permissionless Layer 1 blockchain connecting decentralized economies across borders and protocols. Recently migrated to hybrid PoW/PoS consensus, Conflux provides a fast, secure, and scalable blockchain environment with zero congestion, low fees, and improved network security.

    As the only regulatory-compliant public blockchain in China, Conflux provides a unique advantage for projects building and expanding into Asia. In the region, Conflux has collaborated with global brands and government entities on blockchain and metaverse initiatives, including the city of Shanghai, McDonald’s China, and Oreo.

    To learn more about Conflux, visit here.

    The post China’s “Instagram” Chooses Conflux Network For Permissionless Blockchain Integration appeared first on BeInCrypto.

    This post was sourced from BeInCrypto

    Share. Twitter Telegram Facebook
    Avatar photo
    ApeSpace
    • Website
    • Twitter

    The ultimate crypto analytics platform for all traders! REAL TIME! - Charting - Trading - Analytics #ApeSpaceIO

    Related Posts

    Istanbul Will Be Hosting Eurasia’s Largest Blockchain Event This May

    March 24, 2023

    Lingo Has Signed Partnerships With Over 100 Brand Ambassadors And Web3 Influencers

    March 24, 2023

    XLA Reveals Metasites: Vision Of Future 3D Internet

    March 23, 2023

    Undeads Prize Pool Of MAYC, BAKC and Otherdeed For NFT Holders

    March 23, 2023
    Latest Posts

    Istanbul Will Be Hosting Eurasia’s Largest Blockchain Event This May

    March 24, 2023

    Lingo Has Signed Partnerships With Over 100 Brand Ambassadors And Web3 Influencers

    March 24, 2023

    What Is Slippage in Crypto? – Explained

    March 24, 2023
    The ultimate crypto learning site | Learn everything from Crypto, Blockchain, Web3 and more from beginner to expert | ApeSpace Learn
    © 2023 ApeSpace An Innovative Fuse Ltd Brand

    Type above and press Enter to search. Press Esc to cancel.