Conflux Network, a permissionless blockchain project, announced that it has been endorsed by government officials from the Chinese province of Hunan on Aug. 19. The company was previously endorsed by the Shanghai Municipal Government for similar reasons.
Hunan province, located in south central China, is a rapidly growing hub for science and technological innovation. The government has tapped Conflux to create what they are calling a “Key Laboratory (NYSE:LH) of Blockchain Infrastructure and Applications of Hunan.” This will be a training and research lab at Hunan University focused on developing the province’s blockchain infrastructure.