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Blockchain Service Network (BSN)

Product
The name of the base system (platform): Projects based on blockchain technology
Developers: State information center of the People's Republic of China (State Information Center)
Date of the premiere of the system: December, 2019
Branches: Government and social institutions

Content

2019: Beginning of construction of network

At the beginning of December, 2019 in China construction national a blockchain infrastructure began. It is about Blockchain Service Network (BSN) network which is created by the State information center of the People's Republic of China (State Information Center) (SIC), China Mobile, China UnionPay and some other the companies. It will be constructed on a blockchain platform open source of BCOS FISCO.

Network a blockchain services which was for the first time announced in October, 2019, is designed to become the platform of a hosting a solutions blockchain for the small and medium enterprises and also individuals. It should provide to developers tools for creation of blockchains-applications in public business networks which will be able to support the initiatives in the field of digital economy and the smart city. Seven characteristics of new infrastructure should include: openness, usefulness, scalability, open source code, multiportal, low cost and autonomy.

In China construction national a blockchain infrastructure began

Though BSN will reduce the cost of development, deployment, operation and service of a blockchain, the company also wishes to provide functional compatibility of different platforms and normative regulation in the field of a blockchain. The state information center, state companies China UnionPay, China Mobile and three other organizations already signed the agreement on cooperation, having founded "Alliance of development of BSN".

Details were announced at the first partner BSN conference which took place in Hangzhou where BSN also announced accession to alliance of 14 new organizations, including the cryptocurrency exchange Huobi. The CEO of the exchange in the performance noted that his company will help alliance BSN to provide training in blockchain technologies and additional researches.

It is interesting that though Huobi cruelly finished with the internal exchanges, the government of China invited it to take part in a blockchain program. Except the cryptoexchange, the alliance was also entered by China Unicom, China Telecom and People's Daily.

It is expected that commercial start of BSN is planned for the middle of 2020.[1]

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