Conflux token jumps 107% on China Telecom partnership
China Telecom, the country’s second-largest wireless carrier, has joined forces with Conflux Network, a multi-chain blockchain ecosystem dedicated to enabling creators, communities, and markets to connect globally across borders and protocols.
The partnership will see to the development of blockchain-enabled SIM cards (BSIM) for China Telecom’s over 390 million subscribers, with the first BSIM pilot scheduled to go live later in the year. Fueled by the positive news, the price of CFX has risen by 107.55% in the 24-hour timeframe and is exchanging hands for $0.1162.