• Saurat Fred

China launches its nationwide Blockchain based Service Network

Updated: May 4, 2020

Six months after the beta test launch, China’s Blockchain-based Service Network — or BSN — is now officially available for global commercial use. 

Various Chinese government officials and heads of organizations gathered for a meeting in Beijing on April 25 where they announced the public launch of the BSN.

The BSN is a global infrastructure to help blockchain projects create and run new blockchain applications for a lower cost. It also aims to accelerate the development of smart cities and the digital economy. 

China Mobile, China UnionPay, and Huobi China together worked towards the creation of the BSN...

This article was first published in Cointelegraph.com by Mohammad Musharraf

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