China’s Blockchain Services Network Now Under Major Development Alongside “Digital Fujian” Project in the Province

0

China’s national Blockchain Services Network has been in development in China’s Fujian province, recently along with its 20 main blockchain projects as part of the “Digital Fujian” program. 

These blockchain projects include the technical transformation in the industrial and commercial service industries, as well as a few major agricultural sectors. The blockchain construction projects also include the fields of government, public welfare services, industrial and agricultural production, including the blockchain application service platform. 

According to Chen Ronghui, the director of the DIgital Office of Fujian, “Digital Fujian,” has the advantages of a “good corporate foundation, characteristic applications, and industrial regional advantages in promoting the development of blockchain.”

As reported by Xinhua, the speeding up of the construction of blockchain projects would be able to advance the integration of blockchain and social-economic development in the country. It was further reported that the Fujian province will be looking to construct its blockchain platform and core technology research in how blockchain technology could be used in different sectors. 

Along with the development of the Digital Fujian project, China’s Blockchain Service Network has also been under development in Fujian. The Blockchain Services Network is built by a consortium of China’s biggest corporations including telecommunications companies and banks, connecting nodes in 128 cities in the country. Companies including China Mobile, China UnionPay, and Huobi China have also taken part in the creation of the BSN.

China’s Blockchain Services Network’s new English-based website has appeared on Aug. 10, which aims to gather global developers. Public chains, including Ethereum, EOS, Nervos, Tezos, NEO, and IRISnet have been integrated, which allows developers to build Dapps through the BSN data centers. As stated on the BSN website, the network is planning to launch an “Interchain Communication Hub,” using IRITA’s interchain service hub and Chainlink in Q4 2020.

China’s Blockchain Services Network has recently announced a unified smart contract programming language. Red Date Technology, one fo the companies behind the development of the BSN has announced that it will add support for smart contract language DAML, created by Digital Asset. This new integration would enable the interoperability of Dapps regardless of the blockchain network it was created on. Smart contract developers would be able to deploy an application on the BSN to a new platform on another blockchain without having to rewrite their smart contracts.

 

Blockchain jobs in United States and Canada

Image source: Shutterstock

Source

Post a Comment

avatar
  Subscribe  
Notify of