-
News Message
China Launches National Blockchain Network in 100 Cities
- by wittx 2020-03-28
Next month, an alliance of Chinese government groups, banks, and technology companies will publicly launch the Blockchain-based Service Network (BSN). It will be among the first blockchain networks to be built and maintained by a central government. Think of it like an operating system, where participants can use existing blockchain programs, or build their own bespoke tools, without having to design a framework from the ground up.
The BSN’s proponents say it will reduce the costs of doing blockchain-based business by 80 percent. By the end of 2020, they hope to have nodes in 200 Chinese cities. Eventually, they believe it could become a global standard.
China leads the world in blockchain-related patents, according to the World Intellectual Property Organization. And blockchain goes far beyond Bitcoin; the technology can be used to verify all sorts of transactions.
Share Http URL: http://www.wittx.cn/get_news_message.do?new_id=267
Best Last Month
Information industry by wittx
Information industry by wittx
Information industry by wittx
Information industry by wittx
Traffic by wittx
Information industry by wittx
Information industry by wittx
Information industry by wittx
Information industry by wittx
Information industry by wittx
