News Snapshot:
In 2019, Chinese President Xi Jinping said his country needed to “seize the opportunities” provided by blockchain technology. He said that the blockchain has become “an important breakthrough in the independent innovation of core technologies.” As a result of this speech, blockchain was elevated to the rank of China’s national priority among other technologies such as semiconductors. Since then, China has quietly been building a platform designed to make it easier for companies to deploy blockchain technology. It was named BSN (Blockchain-based Service Network). The BSN platform is targeted at companies operating cloud computing infrastructure. This could be a big...
