This website uses cookies to ensure you get the best experience on our website

Everything you need to know about China's Blockchain Service Network (BSN)

The beauty of blockchain is its global reach, cutting across boundaries.

China is in the process of expanding a new blockchain framework and infrastructure for developers dubbed the Blockchain Service Network (BSN) which launched in April 2020. Backed by the Chinese government, the BSN already supports dApps and tools across over 15 blockchain projects, including Ethereum. 

It aims to fast-track the adoption of blockchain by small and medium-sized enterprises in China. From the BSN, connected businesses, governments, and individuals would-compared to using other networks--deploy dApps cheaply and build conveniently. Creators of the BSN hope to eventually build a vast network akin to a 'Digital Silk Road,' connecting the rest of the world to the economic powerhouse. 

Out of the BSN, a solution, an 'internet of blockchains' would be built, operating from different cloud platforms, portals, and frameworks. The BSN has a consensus order, including a cluster service, and a public city node linked to the internet and used to build a blockchain service node.

For more interesting tips and facts visit our Education Centre.

Have Questions? 

We're available 24/7 to help you. You can email us, or send us a message on WhatsApp, Telegram or Messenger!

Risk Disclosure: Trading cryptocurrencies or any other financial instrument involves a significant level of risk and may result in a total loss of your investment. You should consider carefully whether investing in Bitcoin or any other instrument offered by CryptoAltum is appropriate to your financial situation. CryptoAltum only accepts deposits in Cryptocurrencies. By trading with CryptoAltum you acknowledge your understanding of this risk disclosure and your agreement with the Terms and Conditions.

This website is not directed at any jurisdiction and is not intended for any use that would be contrary to local law or regulation.

CryptoAltum does not accept any clients under the age of 18. 
  • Copyright Techcraft Ltd (CryptoAltum) 2020