Conflux Network Partners With BCW To Design Next-Generation Payment Solutions
As published on Conflux Network Medium Page: https://medium.com/@ConfluxNetwork/conflux-network-partners-with-bcw-to-design-next-generation-payment-solutions-974997416bc6
We are excited to announce that Conflux Network, an open-source, layer-1 blockchain protocol has partnered with global strategy and management consulting firm the BCW Group to map out strategic directions, key technical elements, and execution methodology. Conflux Network will also be integrating with the BCW platform to provide native staking of our $CFX token in the near future.
BCW Group is a strategy consulting firm that specializes in digital payments, digital assets, and DLT infrastructure. The BCW consulting team has been integral in establishing key partnerships as creating bridges for adoption across retail, enterprise, infrastructure & trading are key tenets for BCW Group.
“We are always in search of a sophisticated distributed ledger technology that has the scalability to run enterprise-grade use cases, the security of a hybrid DAG structure utilizing Proof of Work, the clout of government buy-in & the vision of understanding the importance of decentralized commerce across regions. We are extremely excited to test use cases as Web 3.0 comes to the masses on Conflux Network.” — Kyle Baron, Managing Partner at BCW Group
BCW Group will design key strategic infrastructure initiatives, technical elements to strengthen transfer and payments for the Conflux ecosystem. The BCW consultancy team has the experience to leverage its global network and facilitate critical aspects of the partnership like cross-asset payments, merchant services, and regulatory agreement requirements to expand its network.
Conflux Network will leverage our next-generation blockchain infrastructure with BCW through this partnership to efficiently provide digital payment solutions and staking solutions in the Conflux ecosystem and collaborate on new ways our regulatory-compliant public chain can penetrate the retail and enterprise market with blockchain solutions.
“Conflux Network and BCW Group are very aligned in our visions of bridging decentralized commerce across industries and geographies to drive adoption of Web 3.0. We are very excited to partner with them to explore use cases that enable decentralized commerce and liquid markets globally at scale.” — Eden Dhaliwal, Conflux Network Global Managing Director
With our mainnet planned for Q4 2020, we look forward to collaborating with the BCW group and their industry-leading payment solutions for digital assets, as well as providing staking solutions for the Conflux native token $CFX. In the long-term, we look forward to developing use cases for retail and enterprise firms to develop Conflux Network’s vision of creating a new world of global commerce using Web 3.0 and blockchain technology. You can read more on BCW Group here.
About BCW Group
We are a strategy consulting firm focused on designing and executing growth strategies for digital payments, digital assets & distributed ledger technologies initiatives. Our unique footprint cuts across both geographical and industrial plains as our core team sits across Asia — the fastest-growing market for both digital assets & digital payments — and is adept to implement a culmination of traditional and emerging technology provisions to build the infrastructure necessary for the digital economy. Learn more about BCW Group.
About Conflux Network
The most endorsed DLT project in China, Conflux is an open-source, layer-1 blockchain protocol delivering heightened scalability, security, and extensibility for the next generation of decentralized applications, financial enterprises, and Web 3.0. As a fast and secure public blockchain, Conflux Network combines Proof of Work with a novel Tree Graph architecture to achieve high transactions per second (TPS) without sacrificing decentralization or safety. Conflux is overseen by cryptographers, engineers, and computer scientists from Tsinghua University and University of Toronto, including Dr. Andrew Yao, a Turing Award recipient. The mission of the Conflux Network is to promote cross border collaboration and commerce by developing decentralized open source technologies. Learn more about Conflux Network.