The Chinese blockchain infrastructure provider Blockchain-Based Service Network (BSN) has added cloud computing startup Oasis, cross-chain protocol Polkadot, and the Bityuan project for a China-based public chain within its network.
BSN's move is another sign of China's aim to become a blockchain superpower
The new purchases are part of the Blockchain-Based Service Network's goal to bring a variety of blockchain projects into a standardized development environment within its technical framework.
The company 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-approved 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.
BSN adds Polkadot, Oasis and Bityuan
“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 which manages Polkadot.
"The BSN integration will support developers on this journey by allowing them to seamlessly connect to the public chain." Polkadot, which supports public and authorized chains to connect with each other on its protocol, is set to join BSN's Open Permissioned Blockchain Initiative to provide blockchain services in the Chinese market where decentralized public chains are heavily scrutinized by the 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, said Yifan He, executive director of the BSN Development Association.
BSN dapp developers will also have access to the Oasis Network, which claims to help developers build decentralized, private and scalable 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 rewards for the staking”Jernej Kos, director of the Oasis Foundation, said in a statement.
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, Pantera, Bitcoin system, Electric Capital and Polychain.
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 around the world are excited to create dapps that are company-based and business-oriented."
