News Snapshot:
Red Date Technology, the agency behind the Blockchain Services Network, will launch infrastructure to help the deployment of non-fungible tokens in China. The mission, dubbed the BSN-Distributed Digital Certificate (DDC), was introduced on the BSN Open Permissioned Summit on Friday. Red Date CEO Yifan He stated that NFTs can be extensively utilized in China within the subsequent 5 years, however that the federal government doesn’t need the expertise to be related to crypto or working on public, permissionless chains. “If we look at the environment in China, this is the only way to launch NFTs,” He stated. On the BSN-DDC,...