The Blockchain Services Network announced plans to integrate three public blockchains into its international network, the BSN architect told TechNode on Monday.
Why it matters: The Chinese government-affiliated project pushes ahead with its ambition to connect all of the world’s blockchain ecosystems and provide blockchain infrastructure internationally.
Details: Once the three chains—Casper, NEAR, and Findora—are integrated into the BSN, developers will be able to access them through public city nodes and build decentralized applications (dapps).
Blockchain Services Network (BSN)
What: A platform for blockchain development, bringing together cloud services and different chain protocols on city nodes.
Why: To reduce the cost of blockchain application design and deployment while powering communication between chains. It will be made available around the world through local cloud providers, ultimately creating a global internet of blockchains.
Who: It is part of the government’s Global Blockchain Strategy unveiled by Chinese President Xi Jinping in November 2019, spearheaded by the China State Information Center, China Mobile, China Union Pay, and Red Date Technology.
Context: Casper and NEAR are Ethereum alternatives and layer-one proof-of-stake blockchains. Findora is a network for decentralized finance (DeFi) with an emphasis on privacy-preserving architecture.
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