Conflux Network 3.0 to Launch in August Boosting Transaction Throughput by 15000 TPS

Conflux Network 3.0, also known as Tree Graph, is set to launch in August, as announced during the Conflux Tree Graph Technical and Ecological Development Conference held in Shanghai from July 18th to 20th. The new mainnet aims to significantly enhance transaction throughput, reaching up to 15,000 transactions per second (TPS). This upgrade is designed to support on-chain invocation of Artificial Intelligence Agents, facilitate cross-border payments, and enable batch settlement of Real World Assets (RWA), effectively creating a "digital expressway" for Web3 technologies.

The launch of Conflux Tree Graph Mainnet 3.0 is part of a broader strategy to promote the issuance of an offshore RMB stablecoin. This initiative is supported by strategic partnerships with AnchorX, Dongxin, and Ping An. These collaborations aim to explore various application scenarios, including cross-border settlements and RWA, in countries participating in the "Belt and Road" initiative. Pilot projects are planned for regions such as Central Asia and Southeast Asia, with a focus on establishing a financial technology model that emphasizes "technology-compliance-security."

The development of Conflux Tree Graph aligns with the growing global interest in stablecoins and RWAs, which are seen as key components of the Web3 digital world. Unlike the second-generation Internet (Web2), Web3 technologies offer enhanced digital rights protection and trustworthiness. By building a self-controllable high-performance public chain system, Conflux aims to support China's development of a robust Web3 ecosystem within the framework of the "Belt and Road" initiative. This initiative is expected to further activate the infrastructure value of the Conflux ecosystem in cross-border trade, fostering greater financial integration and technological advancement in the participating regions.