Cryptocurrency News

China’s BSN Develops Blockchain Network Unlinked To Cryptos

2022.05.25 18:51

China’s BSN Develops Blockchain Network Unlinked To Cryptos
China’s BSN Develops Blockchain Network Unlinked To Cryptos

  • China’s Blockchain-based Service Network (BSN) is developing a version of the well-known distributed ledger technology.
  • The beta version of this new blockchain, which is called BSN Spartan Network, is expected to be released on August 31.
  • There are, however, some trust issues regarding the 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 Bitcoin or Ethereum.

The chief executive of Red Date Technology, He Yifan, stated that the beta version of this new blockchain, which is called BSN Spartan Network, is expected to be released 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. It also aims to push China into a lea …

Continue reading on CoinQuora

Source

Related Articles

Leave a Reply

Back to top button
bitcoin
Bitcoin (BTC) $ 96,242.79 0.32%
ethereum
Ethereum (ETH) $ 2,807.10 2.63%
xrp
XRP (XRP) $ 2.58 0.43%
tether
Tether (USDT) $ 1.00 0.03%
bnb
BNB (BNB) $ 662.00 0.85%
solana
Solana (SOL) $ 171.26 1.18%
usd-coin
USDC (USDC) $ 1.00 0.01%
dogecoin
Dogecoin (DOGE) $ 0.245689 0.78%
cardano
Cardano (ADA) $ 0.777317 1.48%
staked-ether
Lido Staked Ether (STETH) $ 2,799.82 2.47%
tron
TRON (TRX) $ 0.242005 2.15%
wrapped-bitcoin
Wrapped Bitcoin (WBTC) $ 96,085.74 0.43%
wrapped-steth
Wrapped stETH (WSTETH) $ 3,349.33 2.53%
chainlink
Chainlink (LINK) $ 17.92 1.88%
avalanche-2
Avalanche (AVAX) $ 25.38 0.75%
sui
Sui (SUI) $ 3.37 0.55%
stellar
Stellar (XLM) $ 0.332153 0.85%
litecoin
Litecoin (LTC) $ 128.13 0.77%
the-open-network
Toncoin (TON) $ 3.80 4.48%
shiba-inu
Shiba Inu (SHIB) $ 0.000016 1.73%
leo-token
LEO Token (LEO) $ 9.75 0.06%
hedera-hashgraph
Hedera (HBAR) $ 0.21386 0.23%
usds
USDS (USDS) $ 1.00 0.13%
mantra-dao
MANTRA (OM) $ 8.53 12.45%
hyperliquid
Hyperliquid (HYPE) $ 23.82 3.06%
weth
WETH (WETH) $ 2,807.42 2.75%
polkadot
Polkadot (DOT) $ 5.05 0.95%
bitcoin-cash
Bitcoin Cash (BCH) $ 329.23 3.34%
bitget-token
Bitget Token (BGB) $ 5.08 1.58%
ethena-usde
Ethena USDe (USDE) $ 1.00 0.06%
wrapped-eeth
Wrapped eETH (WEETH) $ 2,974.77 2.66%
uniswap
Uniswap (UNI) $ 9.18 2.53%
monero
Monero (XMR) $ 233.35 0.10%
near
NEAR Protocol (NEAR) $ 3.46 3.00%
pepe
Pepe (PEPE) $ 0.00001 0.79%
whitebit
WhiteBIT Coin (WBT) $ 27.44 0.22%
aave
Aave (AAVE) $ 249.56 1.52%
aptos
Aptos (APT) $ 6.22 3.14%
ondo-finance
Ondo (ONDO) $ 1.14 2.35%
bittensor
Bittensor (TAO) $ 423.88 1.84%
dai
Dai (DAI) $ 0.999552 0.04%
internet-computer
Internet Computer (ICP) $ 7.15 0.36%
official-trump
Official Trump (TRUMP) $ 16.24 0.51%
ethereum-classic
Ethereum Classic (ETC) $ 20.87 2.78%
mantle
Mantle (MNT) $ 0.915556 1.48%
tokenize-xchange
Tokenize Xchange (TKX) $ 37.66 1.79%
okb
OKB (OKB) $ 49.71 1.10%
gatechain-token
Gate (GT) $ 23.44 1.37%
susds
sUSDS (SUSDS) $ 1.04 0.11%
coinbase-wrapped-btc
Coinbase Wrapped BTC (CBBTC) $ 96,314.81 0.24%