16:44, 15 November 2021 Page views 1001 views

Chinese BSN to launch portal in Uzbekistan

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Chinese National Blockchain-based Services Network (BSN) has announced the launch of a portal in Uzbekistan. Such portals are aimed to provide other countries with a platform designed to launch new products.

Blockchain project operator Red Date Technology intends to launch the portals in late December in cooperation with the Turkish-Chinese Business Ties Centre. The company's two blockchain portals are already operating in Hong Kong and South Korea.

Through these portals, Red Date intends to provide other countries with a platform for interaction and development of blockchain-based services and applications at competitive prices.

BSN (Blockchain-based Service Network), the national blockchain platform of the PRC, was launched in 2018 to ensure interoperability between blockchain networks and applications of companies and government organizations.

In 2020, BSN's management company Red Date launched the BSN International open platform. According to the South China Morning Post, the company intends to make BSN the global standard for blockchain communications.

The BSN platform offers integration with a number of blockchain frameworks including Ethereum, Hyperledger, Corda, Consensys Quorum and others. In June 2021, the startup raised investment worth $30 million.

Source: spot.uz