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Toronto, Canada, July 20th, 2023, ChainwireConflux Network, the first regulatory-compliant public blockchain in China, has today announced a new collaboration with World Mobile, the only global mobile network built on the blockchain.The partnership comes on the heels of the successful launch of the Conflux BSIM card earlier this year and will see the two companies work together initially in four areas:1) Public BridgingWorld Mobile Token (WMT) will bridge from Cardano blockchain into the Conflux blockchain ecosystem and will be the first bridge outside the Cardano ecosystem for the mobile network’s native token.2) Tech IntegrationWorld Mobile and Conflux will collaborate on the technical integration of the Conflux network into World Mobile's sidechain, AyA,bringing EarthNode capabilities and financial settlement to the Conflux network.3) Asian and African Market ExpansionConflux and World Mobile enjoy a strong presence in the Asian and African markets, respectively. The two businesses will work together to leverage these strengths to increase connectivity, drive user acquisition and further market penetration in key markets. Conflux’s CFX now ranks top 3 in most popular crypto currencies in Nigeria.This is especially relevant as Nigeria holds nearly 67% of crypto interest in Africa. World Mobile has recently concluded successful field tests of its hybrid dynamic network in Nigeria, following a successful commercial launch in Zanzibar earlier this year.4) Blockchain-based SIM card developmentWorld Mobile and Conflux will collaborate on how the mobile network can best utilize Conflux’s blockchain-based SIM card to increase access to digital connectivity across the world.YuanJie Zhang, Co-Founder of Conflux, said of the partnership: “Conflux Network takes its mission to push the frontier of Web3 adoption at a low cost, with fast speed and decentralized security very seriously. One important strategy is to promote collaboration with telecommunication service providers all over the world. World Mobile is the next significant partner Conflux brings on board after China Telecom. Together, affordable and applicable blockchain technology is bridged beyond Asia to the rest of the world.”Zachary Vann, Head of Token, World Mobile Token added: “We are excited to work with Conflux to build a more connected and inclusive future. This partnership will accelerate our market expansion in Asia and to provide connectivity globally. The Conflux network has a unique, regulatory-compliant blockchain, and the world's first blockchain-based sim cards bring many opportunities to our mobile network and our AyA chain. This is our most significant partnership to expand our network and sharing economy into the Asian markets and beyond.”About ConfluxConflux Network is a permissionless Layer 1 blockchain connecting decentralized economies across borders and protocols. Recently migrated to hybrid PoW/PoS consensus, Conflux provides a fast, secure, and scalable blockchain environment with zero congestion, low fees, and improved network security.As the only regulatory-compliant public blockchain in China, Conflux provides a unique advantage for projects building and expanding into Asia. Conflux has collaborated with global brands and government entities in the region on blockchain and metaverse initiatives, including the city of Shanghai, McDonald’s China, and Oreo.Learn more: https://confluxnetwork.org/About World MobileWorld Mobile was founded with a far-reaching goal: to connect everyone, everywhere while advocating for economic freedom and dignity. Unlike traditional mobile networks, World Mobile is based on blockchain and incentivizes people to be part of a sharing economy that taps into the trillion dollar global telecom market. Individuals and business owners around the world can operate nodes on its network and bring their community online while earning revenue.Learn more: https://worldmobile.io/ContactMelissa TireyShift6 [email protected]

Schwarzenbach, Switzerland, June 26th, 2023, ChainwireConcordex, the first dedicated DEX built on the Concordium blockchain, has officially launched on mainnet. The platform aims to bring institutional-grade DeFi trading tools to the Concordium ecosystem and has recently completed its testnet, which saw 867 users open 3,695 liquidity positions and completing 15,212 transactions.Concordex, which raised $1.7 million in seed funding from Tacans Labs, Skynet Trading, Seier Capital, Amdax and Concordium blockchain in December 2022, aims to bring a comprehensive suite of TradFi and DeFi trading tools to the market while leveraging the strengths of the Concordium blockchain. The platform offers a variety of features such as regular swapping, as well as advanced liquidity management features, with its liquidity pools offering concentrated liquidity and multiple fee levels to maximize returns for investors.“It is a very important part of the Concordium ecosystem infrastructure that we now celebrate with the launch of the first DEX. With Concordex’ user-friendly and elegant design, as well as ambitious plans for continued additional functionality, I strongly believe that this cutting-edge project will play its part in defining the future and setting the standards for compliant DeFi,” said Lars Seier Christensen, founder of Concordium."We are pioneering the development of regulation-friendly DeFi platforms by building on Concordium, while unlocking proper liquidity and bringing a strong set of DeFi trading tools to the ecosystem. We have set out to develop a platform that cuts out the barriers to entry in the institutional DeFi space," said Mathias Lundoe Nielsen, Chief Executive Officer at Concordex Labs.“We’re excited to unlock the potential of DeFi in the Concordium ecosystem, while being one of the first regulatory-ready DEXes in the market. The Concordex team has been hard at work developing the platform and we’re proud to launch a robust suite of trading tools that will enable our users to trade with ease while allowing liquidity providers to maximize their returns within the ecosystem,” said James Davies, Chief Product Officer at Concordex Labs.Concordium is a permissionless, environmentally conscious Layer-1 blockchain ecosystem with a unique embedded identity verification layer that offers regulatory compliance, while ensuring privacy for its users. It provides a secure way for users and enterprises across the world to access the world of DeFi while remaining compliant.Concordex will utilize the regulatory-ready ecosystem to offer one of the first regulation-friendly DeFi platforms, a radical step forward in the evolution of DeFi, paving the way for wider adoption of blockchain technology across the world.About ConcordexConcordex is an advanced institutional-grade liquidity management DEX built on the Concordium blockchain. The project was developed by DeFi venture studio Tacans Labs, with core team members including award-winning entrepreneur Mathias Lundoe, and industry veterans James Davies, Ivan Ivaschenko, and Marie Tatibouet. The platform aims to launch on Mainnet in Q3 2023.For more information, please visit: concordex.ioAbout ConcordiumConcordium is a permissionless green layer 1, a science-backed blockchain that balances privacy with accountability through its ID layer and Zero-knowledge proofs. Creating trust with ID is key to scaling businesses. Concordium provides a fast, secure, and high-scale blockchain platform that makes building use cases and using dApps easy. Concordium differs by having verified ID and instant finality with high throughput, and low transaction fees, pegged to FIAT. With leadership from Fortune 500 companies, Volvo, IKEA, Credit Suisse, Uber, and successful Fintech platforms, the team is scaling the chain to its extensive network of the world's biggest enterprises.For more information, please visit: concordium.comContactPR ManagerDion GuillaumeTacans [email protected]

Schwarzenbach, Switzerland, May 25th, 2023, ChainwireConcordex, the first dedicated decentralized exchange (DEX) built on the Concordium blockchain, has officially launched its testnet. The project raised $1.7 million in seed funding from Tacans Labs, Skynet Trading, Seier Capital, Amdax and Concordium blockchain in December 2022 to bring institutional-grade DeFi trading tools to the Concordium blockchain ecosystem.Concordium is the permissionless green Layer 1 science-backed blockchain creating a safer digital world with an embedded identity verification layer. It provides a secure way for users and enterprises across the world to trade, and remain compliant, while ensuring the privacy crypto users have grown accustomed to. Concordex will utilize the regulatory-ready Concordium ecosystem to offer one of the first regulation-friendly DeFi platforms, a radical step forward in the evolution of DeFi.“The launch of our testnet today will offer a glimpse into the robust set of DeFi tools we are developing for the Concordium blockchain. By leveraging their regulatory-ready blockchain ecosystem, Concordex is set to be one of the first regulation-friendly DeFi platforms in the market, taking a significant step forward in the evolution of DeFi, while offering a unique trading experience for users," said James Davies, Chief Product Officer at Concordex Labs."Concordium meets the growing demands from institutional investors for enterprise-grade DeFi. Together with Concordex we will provide the highest standards of security, compliance and scalability. Unlocking liquidity, diversification, and yield generation beyond traditional investments. " Torben Kaaber, Head of Commercial at ConcordiumConcordex will bring a variety of features to the Concordium ecosystem including simple trading, as well as concentrated liquidity and flexible fee levels for liquidity providers allowing them to optimize capital deployment and maximize returns over time. With a team of highly capable TradFi and DeFi veterans, the platform is set to bridge the gap between TradFi and DeFi with true on-chain derivatives and other tools dedicated to institutional investors.To celebrate the launch of its public testnet, Concordex has also launched a Concordex Testnet Rewards Program, allocating a total of USD 100,000 in its upcoming $CCDX token as rewards for participants in the program, which is set to continue for the duration of the testnet phase with rewards distributed after the token’s token generation event (TGE) later this year.About ConcordexConcordex is an advanced institutional-grade liquidity management DEX built on the Concordium blockchain. The project was developed by DeFi venture studio Tacans Labs, with core team members including award-winning entrepreneur Mathias Lundoe, and industry veterans James Davies, Ivan Ivaschenko, and Marie Tatibouet. The platform aims to launch on Mainnet in Q3 2023.For more information, please visit: concordex.ioAbout ConcordiumConcordium is a permissionless green layer 1, a science-backed blockchain that balances privacy with accountability through its ID layer and Zero-knowledge proofs. Creating trust with ID is key to scaling businesses. Concordium provides a fast, secure, and high-scale blockchain platform that makes building use cases and using dApps easy. Concordium differs by having verified ID and instant finality with high throughput, and low transaction fees, pegged to FIAT. With leadership from Fortune 500 companies, Volvo, IKEA, Credit Suisse, Uber, and successful Fintech platforms, the team is scaling the chain to its extensive network of the world's biggest enterprises.For more information, please visit: concordium.comContactPR ManagerDion GuillaumeTacans [email protected]