Blockchain Service Network Introduces Another Batch Of Major Blockchain Protocols
Blockchain Service Network Introduces Another Batch Of Major Blockchain Protocols
November 27, 2020
Blockchain Service Network Introduces Another Batch Of Major Blockchain Protocols
Blockchain Service Network Introduces Another Batch Of Major Blockchain Protocols
November 27, 2020

Blockchain Service Network (BSN), the Chinese government-backed blockchain initiative, is introducing support for another batch of major blockchain protocols. It announced that it will integrate Polkadot, Oasis, and Bityuan into its ecosystem on November 30.

It has been reported that Polkadot’s blockchain protocol is designed to connect multiple specialized blockchains into one unified network.

Polkadot also enables the processing of numerous transactions on several chains in parallel by bringing another level to its network capacity. Oasis specializes in private and scalable decentralized finance tools, while Bityuan is a blockchain solutions provider to Chinese companies.

Yifan He, the CEO of Red Date Technology and Executive Director of the BSN Development Association, said:

“I am seeing commercial use cases built on the Bityuan framework are surging in China recently. I believe with this integration BSN will get developers around the world to be excited about building dapps that are enterprise-based and commercial oriented.”

However, the latest blockchain addition represents the third batch of blockchain protocols supported by the BSN network.

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Piloted in 2019, the BSN rolled out its first set of blockchains including Ethereum and EOS in August 2020, with other networks like Algorand coming as part of the second batch.

As previously reported, the integration of new blockchain protocols allows global developers to access a certain network through the BSN’s global public city nodes and portals.

 

Thus, in order to deploy and manage their own permissioned chains on the BSN International, developers should create an account on the official website.

Source: Cointelegraph


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Ishita Bora

Ishita Bora is a Senior Content Creator at Digital Notice Media Labs with an experience of 1 year. She has completed her Master's Degree in Language and Linguistics in 2019 from Gauhati University, India. Her interest lies in blockchain technology and cryptocurrency space, as she loves writing about blockchain and other blockchain-related articles. Currently, she is working on blockchain-based news, reviews, featured articles, and guides.