March 29, 2024

China's national blockchain platform will support EOS and Ethereum nodes

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The Chinese Blockchain Service Network (BSN), scheduled to launch on April 25, will support EOS and Ethereum nodes.

Blockchain Service Network Developers (BSN)stated that in late July, the platform will begin supporting EOS nodes outside of China. In addition, after a while, support for Ethereum nodes will be added to the blockchain.

According to official statements, the cross-platform network will be compatible with platforms such as Hyperledger Fabric (already supported), Ethereum, EOS and DAML.&nbsp;

&nbsp;This means that smart contracts and DApps,that already exist in the US can be easily ported and ready to run on a BSN. This will allow platforms such as decentralized finance (DeFi) applications and digital asset exchanges to have instant access to liquidity. &nbsp;

Support for cryptocurrency nodes with public blockchainwill significantly expand the popularity, capabilities and operational functionality of the service. Platform participants will be able to choose for themselves whether to use public network nodes.&nbsp;

The BSN platform is set to launch on April 25th. The developers are striving to make it a large multi-cloud infrastructure of “Internet blockchains”.

Recall that recently, the Chinese government has proposed a completely new “Internet standard” with a built-in tracking function.