China, in collaboration with Conflux's developer, has unveiled a significant blockchain platform aimed at boosting trade and cooperation throughout the Belt and Road Initiative.

This move underscores China's commitment to leveraging blockchain technology for enhancing its ambitious Belt and Road Initiative, despite the country's stringent stance on cryptocurrency trading and usage.

The initiative is expected to streamline operations and foster stronger relationships between participating nations, proving that China is keen on harnessing the power of blockchain for strategic economic benefits.

This strategic implementation of blockchain technology demonstrates China's nuanced approach to digital currencies and blockchain, embracing the latter for its potential in international trade and collaboration.