China’s BSN Develops Blockchain Network Unlinked To Cryptos -Breaking
- China’s Blockchain-based Service Network (BSN) is developing a version of the well-known distributed ledger technology.
- On August 31, the beta version of this blockchain called BSN Spartan Network will be available.
- However, there are trust concerns regarding technology.
China’s Blockchain-based Service Network (BSN) is developing a version of the well-known distributed ledger technology that is designed to be used in international markets and will not involve cryptocurrencies like or .
Red Date Technology’s chief executive, He Yifan stated that the beta version, called BSN Spartan Network (or simply Red Date Technology), will be available on August 31.
After its official launch in 2020, the main objective of the BSN is to develop a global public infrastructure that will deploy and operate all types of blockchain-distributed applications. China is also targeted by the BSN.