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Chinese Blockchain Network Integretes Ethereum, Tezos, NEO, and More

Chinese Blockchain Network Integretes Ethereum, Tezos, NEO, and More 101
Source: Adobe/bankrx

China’s Blockchain Service Network (BSN) platform will integrate the Ethereum (ETH), Ios, Tezos (XTZ), Nervos (CKB), NEO and IRISnet blockchain networks as an international portal is unveiled in August.

Per a blog post, a version of the BSN – a network that already has full coverage in all major Chinese cities, per official sources – will roll out on August 10. Its operators said it will be called the BSN International Portal and “will allow users around the world access to low-cost blockchain solutions.”

BSN said it will offer three “main services,” namely permissioned services, permissionless services and inter-chain services.

The existing BSN-China portal has already begun offering permissioned services for Mainland Chinese locations. However, the operators added that “due to regulations in China, permissionless services will only be available on the BSN International Portal and on international public city nodes.”

Regardless, the operators appear keen to push ahead with interoperability drives, and claimed that they will add “an additional three to five public chains” to the BSN International Portal per month. They noted that they will “focus on public chains that emphasize and encourage [decentralized app] development.”

As previously reported, the BSN initiative is the brainchild of a number of Chinese government organs and state-owned firms, including government think tank the State Information Center of China, telecom giant China Mobile and financial services company China UnionPay.

In an official statement, BSN operators stated that the network has already deployed “more than 120 public city nodes at locations around the world.”

The operators also added that five BSN International nodes would be linked to the BSN-China network, but added that they would need to “operate independently and comply with the laws and regulations of the areas in which they are active.”

BSN has previously claimed that it has nodes activein Tokyo, Paris, Sydney, and São Paulo.

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