A Shanghai-based research house published an updated public blockchain service on Saturday, moving one step closer to the city’s goal to revolutionize industries and better embrace the “metaverse” era.
Shanghai Tree-Graph Blockchain Research Institute on Saturday released the 2.0 version of Conflux, which it claimed to be “among the top three third-generation public blockchains worldwide”.
Compared with its previous version, this iteration has enhanced compatibility and efficiency on different blockchains, thus better facilitating development in the so-called metaverse and Web 3.0 era. It is designed to empower industries such as virtual reality, augmented reality, online games and artificial intelligence, said Long Fan, founder of Tree-Graph Blockchain Research Institute.
According to Long, because the metaverse is…