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Chinese blockchain infrastructure provider Blockchain-Based Service Network (BSN) has integrated cross-chain protocol Polkadot, cloud computing startup Oasis, and China-based public chain project Bityuan into its network.
The additions are part of BSN’s effort to bring a variety of blockchain projects into a standardized development environment within its technical framework. It also aims to provide data processing and storage services to networked projects.
This is just the latest sign of China’s ambitions to become a blockchain superpower, creating an infrastructure that is used by projects and developers around the world. The state-sanctioned network, which aims to be the internet of blockchains, launched the global version of its network in July, allowing developers to access public chains to build or manage their decentralized applications (dapps). BSN later announced that it would authorize 24 public chains and add them to its domestic version in China by the end of November.
“We expect Polkadot to be used by developers around the world to create and run innovative protocols and applications,” said Björn Wagner, co-founder of Parity Technologies behind Polkadot. “The BSN integration will support developers on this journey by enabling them to seamlessly connect to the public chain.”
While Polkadot helps connect public and authorized chains to each other on its protocol, it is set to join BSN’s Open Permissioned Blockchain Initiative to provide blockchain services in the Chinese market where decentralized public chains are heavily controlled by its government.
BSN will integrate Substrate, which is a native framework used to build dapps in the Polkadot ecosystem, as an authorized standard framework for developers to deploy and manage private chains on BSN, Yifan He, executive director of the BSN Development Association, told CoinDesk.
Dapp developers on BSN will also have access to the Oasis network, which claims to help developers build private and scalable decentralized financial applications.
“The privacy features of Oasis Network can also create a new type of digital asset called Tokenized Data that allows users to take control of their data and earn staking rewards,” Jernej Kos, director of Oasis, said in a statement. Foundation.
Founded in 2018, Oasis raised over $ 46 million via a private token sale in the same year. Among its supporters are the A16z crypto fund of its main investor Andreessen Horowitz, Binance, Polychain, Pantera and Electric Capital.
BSN will also integrate Bityuan, which aims to provide blockchain solutions to companies in China.
“I see commercial use cases based on the Bityuan framework are increasing recently in China,” he said. “I believe that with this integration BSN will ensure that developers all over the world are excited to create dapps that are company-based and business-oriented.”
