December 1st, 2019. BSN … Developers can employ the Tezos protocol through BSN’s global public city … It’s truly a momentous development. Launching on August 10th, 2020, the BSN International Portal will allow users around the world access to low-cost blockchain solutions. It enables the swap and transfer of data, assets, and information. …, By Zhiguang Shan and Yifan He, translated by BSN international team, Cryptocurrency is positioned as “currency” or “financial investment product” in many promotional materials. Central Bank Digital Currencies (CBDC) was the major talk in 2020 and it appears that the push will be greater this year. BSN is the Internet of Blockchains The technical whitepaper for BSN says that it “integrates cloud resources, underlying frameworks, operating environments, key management, … BTC: China’s Blockchain Service Network (BSN) is a national initiative designed to boost the integration and adoption of Blockchain in big businesses. There is a major update every three months, and a minor update almost every week. 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.. Following … Chinese backed blockchain project BSN has revealed plans to pilot the adoption of a global CBDC system in 2021. China’s Blockchain-based Service Network (BSN), the country’s nationwide blockchain project, has just launched an official international website, Cointelegraph reports.. The website also states that major cloud providers, including Google and Amazon Web … Today China’s Blockchain-based Service Network (BSN) outlined an audacious plan for a global network that will support future central bank digital currencies (CBDC) from multiple countries. Appearing onAug 10, the brand-new english-language BSN website … Give a little bit of an overview of what Polkadot actually is, at least on a conceptual level. The 1st BSN Global Partnership Conference and City Brain Pilot Program Launch Ceremony were held in Hangzhou, China. 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 … December 31st, 2019. March 10th, 2020. …. On December 2nd, BSN co-hosted a Telegram AMA in partnership with Nervos to discuss the Open Permissioned Blockchain, a new initiative which adapts public chains to offer permissioned controls over node deployment and removes the mechanism of using cryptocurrencies to pay for gas fees. Read our full disclaimer here. On October 31, 2020, the BSN R&D team completed the quarterly updates and launched BSN interchain services. Launch a test version of the permissioned blockchain dedicated node service. The BSN Development Association announced the Management System for Qualified Developers. Red Date is a smaller firm compared to the state bodies, focusing on software, digital wallets, and settlements. Optimize the BSN International website (bsnbase.io) to improve user experience. In 2021, BSN will proliferate and continuously trailblaze a new path for blockchain practitioners in an open and inclusive way. Launching on August 10th, 2020, the BSN International Portal will allow users around the world access to low-cost blockchain solutions. Commercialization of the BSN Interchain Communications Hub (ICH). 1ND26feFdmxM9wwUHwrya5m9gVCmexE1Vh Chain 33 is one of the earliest pioneer blockchain solution providers in China, which provides both permissioned and permissionless frameworks. One of the main aims of China’s … Until March 2020, it will be in betaRead More →. …. The incubation center of Blockchain-based Service Network (BSN) was launched in the district in 2019 and has recently reached an agreement with the local government to offer BSN partners special incentives. …. 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, … As one of BSN’s core functions, interchain services support interoperability between two or more independent blockchains in the BSN. Bityuan (BTY) — An Open-Source Public Chain, Bityuan is the first public chain project with multi-chain(parachain)architecture that realizes real-life scenarios. China has positioned herself as a leader in … … The Blockchain Service Network (BSN) was created to advance the blockchain ecosystem nationally in a careful, calculated manner. …. It has adopted Poly Enterprise and IRITA cross-chain protocols and will integrate more cross-chain protocols soon. And then a bit of an overview of its ecosystem. In simpler terms, BSN … Since then, China’s BSN has launched an international website designed to bring in more developers. ICH uses relay chains as cross-chain coordinators, heterogeneous chains as cross-chain transaction executors, and acts as a relayer of cross-chain data. According to a recent publication, in 2021, the BSN … The Chinese Blockchain Service Network (BSN), has been open for commercial use since April 2020, after six months of internal testing.The BSN … The official release of Private BSN, which offers blockchain solutions for intranets or LANs; The 1st BSN Developer Competition was held. This site, BSN News Network, is not affiliated with China’s Blockchain Service Network. BSN is a cross-chain, cross-portal, cross-framework global public infrastructure network used to deploy and operate all types of blockchain applications. 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. Appearing on August 10, the new english-language BSN website aims to help bring global developers to the project. … The government of Xiacheng district in Hangzhou, Zhejiang province, has established a special fund, a total of 1 billion RMB, to support the development of the blockchain industry in Hangzhou. BSN mobile portal launched. In 2021, BSN will proliferate and continuously trailblaze a new path for blockchain practitioners in an open and inclusive way. …. China's Blockchain Service Network, introduced in early 2020, has launched an official international website. bnb1jd023kzarn5hk3lc58hr0lmfxr4lpjqhw49lkw, [logoshowcase The universal digital payment network (UDPN) … Crypto donations are welcomed to help us to maintain and improve this site. I’m gonna talk for 10 minutes or so about Polkadot. 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. 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. Ethereum (ETH)) or corporate private chains to communicate with each other. BNB: Launched in April 2020, Blockchain-based Service Network (BSN) is the Chinese government-backed blockchain initiative, conceived to support blockchain SMEs to position and … The BSN … 0x1927A429d8bF62E206e95fB84a9afEe947BD4088 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. The BSN Launch Conference and Technology Development Summit were held in Beijing, China. …. BSN has separate portals: China Portal and the Global Portal. It was integrated with BSN International on November 30, 2020. October 15th, 2019. Partners defined here are the ones who have business relationships with BSN or being referred by BSN and have registered their business in the BSN incubation center in Xiacheng, Hangzhou. In turn, the number of blockchain innovations is expected to go up exponentially in the near future. A global effort, BSN … The best way to build a BSN portal is to build it into an existing website, such as a developer community website, news website, or any other type of website that attracts blockchain developers. According to Weixin‘s QQ portal, China’s Blockchain Service Network (BSN) which is currently in beta, was set for a global launch on April 25.. … 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. Reality check — cryptocurrencies are not legal tender in any jurisdiction. BSN set up a working group to build standards for framework integration. My name is Fabi, I am a VP of Parity technologies, which is the core engineering company behind the Polkadot project. …. China’s blockchain-based Service Network (BSN), the nation’s across the country blockchain task, has actually simply introduced a main international website. Yesterday, China’s Blockchain Service Network (BSN) announced it would use the FISCO BCOS as the open-source protocol to build a national network for blockchain as a service. According to its website, the company is providing node capabilities and a blockchain … This fact might come surprising to some, especially knowin… 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. arrows="false" ETH/USDT: The BSN is a blockchain environment infrastructure that does not directly serve end developers. This year, BSN will keep investing heavily on R&D, enabling new features and functions on BSN products, and launch several critical projects and partnerships to accelerate the mass adoption of blockchain technology worldwide. We are a news resource for the online community. The Blockchain-Based Service Network (BSN), state-sanctioned blockchain infrastructure project, recently launched its English-language website for international decentralized applications (dapp) developers. The central bank digital currencies (CBDCs) are being adopted worldwide as a secure and liquid government-backed payment method. The collective initiative’s new website states: “The BSN is a one-stop shop for DApp developers to deploy and manage any permissioned or permissionless blockchain applications. BSN is meant to be an internet of blockchains or an operating system for blockchains, purpose-built for China, and the globe. The Open Permissoned Blockchain Initiative is the newest development from BSN designed to create a pathway for public chain technology in China. 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. On April 25, 2020, BSN (Blockchain -based Service Network) which lead by China government launched its commercial version for the local website and beta version for the global … January 7th, 2020. 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. dots="false"], China’s National Blockchain Network Launches International Website, China’s Checkmate: The Technology Weapon You Didn’t See Coming, China’s Blockchain Service Network to launch stablecoin support in 2021, China’s Blockchain Service Network opens calls for public network integrations, How Trump’s WeChat ban may impact China’s Blockchain Service Network global plans, China’s Blockchain Service Network on the Rise Despite Split, China-Backed Crypto Guru Wants to Unify the World’s Blockchains, China’s Blockchain Service Network (BSN) Wants to Unify Blockchains Globally, Open-source DLT Platform Nervos to Integrate with China’s Blockchain-based Services Network, The BSN Public Chain Integration Plan — First Batch, China Creates Group to Develop Flexible International Public Blockchain, Neo Partners with Blockchain-based Services Network to Drive Mainstream Adoption, China’s Blockchain Service Network Reportedly Integrating Ethereum, BSN Integrates Chainlink Oracles, Bringing Real-World Data Into Its IRITA Powered Network, China’s Blockchain Service Network Integrates Chainlink Oracles, China’s BSN Aims to Reclaim Financial Data From Tech Giants, Top Facts on China’s Crypto Yuan and Related Blockchain Projects, China Launches Blockchain-Based Service Network for Global Commercial Use, Meet Red Date, the Little-Known Tech Firm Behind China’s Big Blockchain Vision, Inside China’s Plan to Power Global Blockchain Adoption, China’s Nationwide Blockchain Network BSN Will Launch in April 2020, China’s national blockchain infrastructure takes shape, China launches national blockchain infrastructure. The full script is organized as follows (some minor edits were done): Hi everyone. December 13th, 2019. We … 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. This is a revolutionary step by the country to make the BSN … BSN is excited to announce the six public chains that will be integrated at the launch of the redesigned BSN International Portal. He Yifan, CEO of Red Date Technology, a local private company and a founding member of the BSN… This year, BSN will keep investing heavily on R&D, enabling new features and functions on BSN … By scaling down the costs and requirements for developing blockchain-based applications, the platform is expected to enable creative minds to bring their ideas to life. BSN, China’s Blockchain Service Network Is Live. The BSN incubation center aims to cultivate blockchain startups and enterprises and attract foreign blockchain technology companies to establish entities and grow business in Hangzhou, thus accelerating the development of the blockchain industry in the region. China’s state-owned Blockchain-based Service Network (BSN) has announced that it will launch 24 “public permissioned” blockchains for BSN China in compliance with the mainland’s regulatory requirements, according to BSN’s official WeChat post.. slides_column="3" BSN plans to build a digital currency payment network in five years based on the CBDCs of various countries and stablecoins, working with several international banks and technology companies. max_height="60" Many central banks perceive CBDCs as essential in a digital world in which cash use is steadily diminishing. BSN Knowledge Base went live in BSN China. Backed by Beijing and giant state-owned companies like China UnionPay, China Mobile and China Merchants Bank, the ambitious BSN … China's Blockchain Service Network (BSN) aims to integrate over 100 public blockchains within a year. The system was built by UnionPay, the State Information Center (SIC), China Mobile, and three other organizations to support the digital economy and smart cities. Optimize the BSN China website (bsnbase.com) to improve user experience. The BSN has already added support for Tezos, NEO, Nervos, EOS, IRISnet and Ethereum. February 25th, 2020. Adapt 9–12 public chains within three months and provide services on the website and public city nodes. As a result of the collaboration, BSN … Specifically, this fund is to subsidize operation of blockchain companies, including but not limited to, rent, research and development(R&D), conferences hosting, project scale-ups, and various awards. …. Launched in China in April, BSN was designed to boost the integration and adoption of blockchain. Bityuan is developed using bottom architecture technology of Chain 33 which was nominated for numerous awards for its outstanding achievements in implementing enterprise blockchain solutions across various industries. This digital payment network will completely change the current payment and circulation method, enabling a standardized digital currency transfer method and payment procedure for any information system. The BSN development teams are constantly improving the BSN infrastructure and ecosystem. The BSN Interchain Communications Hub (ICH), the core of interchain services, adopts the cross-chain protocols of heterogeneous chains and double-layer structure design. The following four aspects delineate the roadmap for BSN in 2021. Tezos has become the last integrated network into China’s ambitious Blockchain-based Services Network (BSN). 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