Recently, the Conflux Tree Graph Technology and Ecological Development Conference concluded successfully in Shanghai. The three-day event focused on the cutting-edge developments in Blockchain and Web3, attracting numerous experts and developers from the industry.

The highlight of the conference is the official release of the Conflux Tree Graph public chain version 3.0. This upgraded version aims to better serve areas such as real-world assets (RWA) and stablecoins, with a particular emphasis on enhancing security and compliance features.

In the context of increasing global attention to emerging blockchain fields such as stablecoins and RWA, it is particularly important to create a high-performance public chain system that is self-controllable. Since the mainnet launch of Conflux Tree Graph public chain in October 2020, it has achieved significant results. As of March this year, its total number of independent accounts has exceeded 25 million, processing nearly 170 million transactions and deploying almost 20,000 smart contracts. In terms of performance and security, Conflux Tree Graph public chain has reached a world-leading level.

Long Fan, the president of the Shanghai Tree Map Blockchain Research Institute, stated: "Tree Map has been closely tied to Shanghai since the beginning. We have achieved important milestones here, transitioning from the testnet to the mainnet, and the mainnet has been running stably for nearly five years now." It is worth mentioning that in January 2020, the Shanghai Tree Map Blockchain Research Institute was established in Xuhui District, focusing on the research and development of underlying blockchain infrastructure and key technologies.

The newly released version 3.0 has further improved performance, marking an important step forward for Conflux Tree Graph in the field of Blockchain technology. This upgrade will not only provide existing users with a higher quality experience but is also expected to attract more developers to join the ecosystem, promoting the widespread application and innovation of Web3 technology.