Conflux Founder Long Fan Talks About Web3 Development: Shanghai-Hong Kong Collaboration to Create New Advantages

Recently, in a high-level dialogue focused on the development of Web3, Long Fan, the founder of Conflux, shared his unique insights on the future of the industry. As a graduate of Tsinghua University's Yao Class and a professor in the Computer Science Department at the University of Toronto, Long Fan's views have attracted widespread attention within the industry.

Long Fan reviewed the development of Conflux and delved into the opportunities and challenges faced by the blockchain industry. Against the backdrop of increasingly stringent global digital currency regulations, how to balance technological innovation and compliance has become a focal topic.

It is worth noting that Conflux recently announced the launch of its public chain version 3.0 in August and will participate in the "Belt and Road" offshore RMB stablecoin pilot project. This news has sparked a strong market reaction, with Conflux's native token CFX rising nearly 106% within 24 hours, surpassing $0.25 at its peak.

Long Fan emphasized the unique advantages of Conflux as a compliant public chain. He stated: "We hope to leverage the current market trends to attract more ecosystems and assets to settle on the Conflux public chain." This strategic positioning stems from a deep insight into the Asian market, and Conflux plans to focus on cooperation opportunities in China, Hong Kong, and the Asia region.

In terms of specific cooperation strategies, Conflux has demonstrated a high degree of openness, with particular attention to the two core sectors of stablecoins and real-world assets (RWA). Long Fan revealed that Conflux is maintaining close communication with multiple teams applying for a stablecoin license in Hong Kong, while also connecting with projects that have the willingness and capability to implement RWA.

Conflux positions itself as an infrastructure provider, offering not only underlying technical support but also being willing to assist partners in compliance and business matters. Long Fan emphasized that Conflux is most eager to collaborate with teams that truly want to get things done. Currently, Conflux has partnered with several well-known institutions, including projects in the RWA field with a certain tech company, as well as the stablecoin project AnchorX.

When talking about the development model of Conflux, Long Fan used a vivid metaphor: "If the Conflux public chain is a highway, then Shanghai is responsible for paving the road, while Hong Kong is building the cars." This "deep technology cultivation + capital empowerment" dual-city collaborative model has become an important competitive advantage for Conflux.

Long Fan believes that this model is not only applicable to Conflux, but can also be referenced by projects across the entire Web3 industry. Through collaboration between the mainland and Hong Kong, Web3 entrepreneurs are expected to build unique advantages in global competition and form a strong force in the digital asset field.

From academic projects to important industry players, the development trajectory of Conflux reflects the evolution of the Chinese blockchain industry. In the face of new development opportunities, how to convert compliance advantages into ecological advantages, how to build global competitiveness through regional collaboration, and how to maintain technological leadership in pragmatic development are all key issues that Chinese Web3 companies need to consider.

Long Fan's perspective provides us with a development approach that combines technical depth and business acumen: using compliance as the foundation, promoting development through openness, seeking win-win through collaboration, and planning for the future with a global vision. This may be the key for Chinese Web3 companies to break through in the new era.