China’s Blockchain Infrastructure To Hit Global Reach With Six Public Chains

China’s blockchain infrastructure to hit global reach with six public chains. On August 10, a blockchain platform funded by the Chinese government will open its services to developers of decentralized (dapp) apps on a global scale.

The global edition of the Blockchain-Based Services Network (BSN) has incorporated six major decentralized blockchains through its data centers: Tezos, NEO, Nervos, Cosmos’ IRISnet, Ethereum and EOS. The developers on these public chains can use data storage, bandwidth, and other resources provided by BSN to run nodes and applications.

Public chains may benefit from BSN ‘s cheap services, interoperability with other Chinese business blockchains, and access to China UnionPay’s financial data, which is otherwise difficult to obtain and process for foreign-based blockchain firms.

The nationwide blockchain infrastructure project was launched in April. It is led by the State Information Center of China (SIC) and supported by state-owned tech conglomerates China Mobile and China UnionPay, and Red Date, which architects BSN’s technical framework.

According to Yifan He, CEO of Beijing Red Date Technology, the six blockchain projects are BSN’s first batch of decentralized public blockchains to run on the network across its three data centers in Paris, San Francisco and Hong Kong.

“We’ve taken a lot of thoughts about who would be the first public chains to be integrated,” He said. “Besides Ethereum and EOS we have disclosed in April, we decided to include another international public chain Tezos, and two prominent China-originated projects NEO and Nervos.”

BSN aims to on-board more than 10 public chains by the end of this year based on their user bases, technical background and products, He said.

Harriet Cao, co-founder of IRISnet Foundation, said “In the future, a developer can use BSN to run a node like people use cloud services, and developers can just search the name of the blockchain and hold their private keys in order to build dapps or run a node.” 

[image: Li Yang]

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