Sources indicate that it has taken six months to test China’s national blockchain service network. It will launch in April 2020. The blockchain service network is an initiative of the State Information Center (SIC). The SIC is responsible for formulating information policies for the Chinese government. The SIC is also in charge of sponsoring the Chinese Economic Information Network. The network is the primary organ for information on the Chinese economy. The BSN is aimed at giving new...
Read More »Tencent’s WeBank to Handle Tech Infrastructure for China’s National Blockchain Network
WeBank, China’s first digital bank in the sphere of helping small businesses access funding needed for operations, will now provide the technical infrastructure required for the deployment of China’s national blockchain network.According to a report from state-owned Financial News media platform, WeBank will be in charge of the creation and delivery of FISCO BCOS (Be Credible, Open & Secure) open-source consortium chain, for the Blockchain-based Service Network (BSN). The BSN Development...
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