He Yifan, CEO of Red Date Technology, a local private company and a founding member of the BSN… Nervos was previously announced as one of BSN’s first public blockchains to join the Open Permissioned Blockchain Initiative of BSN, along with Polkadot, Tezos, Algorand, Cosmos, Ethereum, and IRISnet. There is a major update every three months, and a minor update almost every week. March 10th, 2020. The BSN … …. The country’s national blockchain project, Blockchain Service Network (BSN), has featured another task on its way to adopting blockchain network and more standardized forms of digital currency transfer practices. Just like building a simple website on the internet, developers can deploy and operate blockchain and distributed ledger applications conveniently and at an extremely low-cost.” The BSN also aims to solve … The Blockchain-based Service Network (BSN) can only be used for permissioned blockchains, either consortium or private, so when we mention a blockchain network in this article these are the types of networks that we are talking about. … Led by the State Information Center, the Blockchain Service Network (BSN) is poised to launch for domestic commercial use Wednesday and globally on April 25. The next major update will be completed on the 31st of January 2021, and will include the following improvements and new functions: Introduction of Products and Solutions Developed based on the Bityuan Blockchain, It was integrated with BSN International on November 30, 2020, Demonstration of BSN Interchain Services Supported by Poly Enterprise, Supporting Policies for the BSN Incubation Center in Hangzhou, China, An Analysis of the Legality of Holding and Trading Cryptocurrency in China, The 1st BSN Global Tech-Innovation Summit | Fabian Gompf:Polkadot Overview and Parachain Landscape Full Script, Nervos and BSN Host AMA to Discuss Open Permissioned Blockchain Initiative, Notice of BSN’s Major Updates on Jan 31, 2021. It was integrated with BSN International on November 30, 2020. 0x1927A429d8bF62E206e95fB84a9afEe947BD4088 The universal digital payment network (UDPN) … BSN is a cross-chain, cross-portal, cross-framework global public infrastructure network used to deploy and operate all types of blockchain applications. Commercialization of the BSN Interchain Communications Hub (ICH). BSN … China’s Blockchain-based Service Network (BSN) has put plans in place to integrate central bank digital currency (CBDC) before the end of the year. According to a press release by BSN in July 2020, the Blockchain-based Service Network is a cross-cloud, cross-portal, cross-framework global infrastructure network used to deploy and operate all types of blockchain applications.. Developers can employ the Tezos protocol through BSN’s global public city … slides_column="3" The BSN Development Association announced the Management System for Qualified Developers. December 1st, 2019. Speaking of which, China is already at the very top of the list when the number of blockchain patents is concerned, followed by the United States, South Korea, Australia, and Canada. The Open Permissoned Blockchain Initiative is the newest development from BSN designed to create a pathway for public chain technology in China. The website also states that major cloud providers, including Google and Amazon Web … BSN was originally envisioned as a project that would allow any blockchain, be it public chains (eg. BSN aims to build an internet of permissionedRead More →, China’s first government-backed blockchain initiative has just launched an official international website.Read More →, The upcoming presidential election is gathering increasing support, but is this technology war in the best interest of the West?Read More →, China’s national blockchain project BSN could be the best fit for the digital yuan.Read More →, The Blockchain-based Service Network has issued an open call for public blockchains to integrate with the network, in a move that could lead to more widespread interoperability with the network.Read More →, Yesterday President Donald Trump signed an executive order banning the use in the U.S. of China’s biggest social app WeChat, including “any transactions” with parent Tencent with details to be defined in 45 days when the ban comes into force.Read More →, Meanwhile, securities watchdog allows regional equity markets to experiment with distributed ledger technology.Read More →, Startup leads China’s first national blockchain project and aims to integrate over 100 public networks within a year.Read More →, The Chinese startup is aiming to beat the odds and bridge the divide between various blockchains across the globe.Read More →, Open-source blockchain platform Nervos announced on July 22, 2020 that it’s planning to integrate with China’s Blockchain-based Services Network (BSN).Read More →, China’s Blockchain Service Network splits into two entities after the pushback from state-controlled entities on the integration of public blockchains.Read More →, Today, Neo partnered with the Blockchain-based Services Network (BSN)—a global infrastructure aimed at building a digital economy by providing a low-cost platform for blockchain projects and companies alike.Read More →, China’s Blockchain Service Network (BSN) is reportedly moving to start integrating with public blockchains like Ethereum and Nervos Network.Read More →, China’s recently launched national Blockchain Services Network (BSN) is bringing Chainlink oracle functionality to its network.Read More →, China’s Blockchain Service Network, made up of some of the leading technology companies, is integrating Chainlink’s data oracles.Read More →, Research fellow Martin Chorzempa argued during Consensus that China’s blockchain strategy is entirely focused on domestic objectives.Read More →, As China stops the spread of COVID-19 inside the country, the government announced two of the largest crypto and blockchain-related developments.Read More →, China launches its nationwide Blockchain-based Service Network for commercial useRead More →, Red Date Technology, the company and mind behind Blockchain Service NetworkRead More →, China is about to launch its national blockchain platform, part of the country’s grand strategy to lead the digital transformation of the world economy.Read More →, Founded by government-run entities, China’s nationwide blockchain network will launch in April 2020, following a six-month beta testing period.Read More →, China’s national blockchain service network infrastructure takes shapeRead More →, Yesterday it was reported that China has officially released a nationwide blockchain service network (BSN) or blockchain hosting platform. BTC: The creation of BSN may be the Sputnik moment that will spur a project to create standards, education and solutions in blockchain technology between the government, academia, … …. BSN set up a working group to build standards for framework integration. We provide APIs to websites and portals so that they can easily build blockchain-as-a-service platforms to provide BSN capabilities to their end users. It’s truly a momentous development. Reality check — cryptocurrencies are not legal tender in any jurisdiction. Red Date is a smaller firm compared to the state bodies, focusing on software, digital wallets, and settlements. The BSN Interchain Communications Hub (ICH), the core of interchain services, adopts the cross-chain protocols of heterogeneous chains and double-layer structure design. In 2021, BSN will proliferate and continuously trailblaze a new path for blockchain practitioners in an open and inclusive way. It has adopted Poly Enterprise and IRITA cross-chain protocols and will integrate more cross-chain protocols soon. In turn, the number of blockchain innovations is expected to go up exponentially in the near future. The full script is organized as follows (some minor edits were done): Hi everyone. ICH uses relay chains as cross-chain coordinators, heterogeneous chains as cross-chain transaction executors, and acts as a relayer of cross-chain data. We … China’s Blockchain-based Service Network (BSN), the country’s nationwide blockchain project, has just launched an official international website, Cointelegraph reports.. On October 31, 2020, the BSN R&D team completed the quarterly updates and launched BSN interchain services. On November 27, 2020, Fabian Gompf, VP of Parity Technologies, gave a keynote titled Polkadot Overview and Parachain Landscape, at the 1st BSN Global Tech-Innovation Summit in Wuhan, Hubei Province. 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