🔴 LayerZero, an interoperability protocol that recently signed a deal with Google Cloud, is eyeing expansion into China.

Conflux and LayerZero today announced a collaboration on upcoming blockchain-based SIM (BSIM) cards, co-developed by Conflux and China Telecom. Users of this BSIM will have the ability to transfer assets and messages between chains using LayerZero.

Conflux is a public blockchain registered in Singapore with a rare foothold in China. Layer-1 announced BSIM together with China Telecom in month

February. They said at the time that the project would be piloted in Hong Kong later this year before launching in China. SIM cards are intended to allow users to safely store private keys on their phones.

As BSIM cards await the launch of the pilot program, the number of Conflux users has declined — reaching about 20,000 transactions per day since April after remaining mostly above 40,000 in the first quarter of 2023, according to data collected by ConfluxScan.

Through a partnership with LayerZero, Conflux hopes to enable BSIM users to move assets stored on blockchain-enabled SIM cards from Conflux to other networks.LayerZero is a cross-chain messaging protocol that reduces the intermediaries required to move assets or information between chains. Ethereum layer-2 protocols Arbitrum and Optimism are the most widely used LayerZero nodes.

In a written statement shared with Blockworks, LayerZero Labs CEO Bryan Pellegrino confirmed that through the Conflux integration, LayerZero is expanding into the Asia Pacific region, which Pellegrino said has “historically been a first mover in Web3.”

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