
Conflux Receives $5M Investment Fund From Shanghai Government
The People's Republic of China (PRC), though not a fan of cryptocurrencies, has shown major interest in its underlying technology - blockchain. In line with this, the government of one of China's major mainland cities, Shanghai, has invested $5 million in Conflux. Conflux is a Beijing-based blockchain startup company. The funding makes Conflux the first-ever public blockchain platform to be supported by the...