Blockchain Service Network Introduces Another Batch Of Major Blockchain Protocols

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.


Welcome @Polkadot @OasisProtocol @Bityuanofficial into the BSN family! pic.twitter.com/yD6LfMlNDb — BSN (@bsnbase) November 26, 2020

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.

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.


China’s major blockchain initiative @bsnbase rolls out support for @Polkadot, @OasisProtocol and @Bityuanofficial as part of the third batch of integrated blockchains https://t.co/6PXCU040HC — Cointelegraph (@Cointelegraph) November 26, 2020

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

#BlockchainProtocols #BlockchainServiceNetworkBSN #CryptoNewsPoint #DigitalNotice

0 comments