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China Releases Blockchain-Based Service Network For Global Commercial Use

Ramsey Baker

Summary: China has officially released its nationwide Blockchain-based Service Network (BSN) for commercial use. Six months after the beta test launch, various Chinese government officials and heads of organizations held a meeting in Beijing on April 25 where they announced the public release of the BSN. The BSN is a global infrastructure to aid blockchain projects ...

China has officially released its nationwide Blockchain-based Service Network (BSN) for commercial use.

Six months after the beta test launch, various Chinese government officials and heads of organizations held a meeting in Beijing on April 25 where they announced the public release of the BSN.

The BSN is a global infrastructure to aid blockchain projects in creating and running new blockchain applications for cheaper. It also looks to speed up the development of smart cities and the digital economy.

By Ramsey Baker

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