China’s state-backed BSN Integrated with Algorand for Global Outreach

China's state-backed Blockchain-based Service Network (BSN) International has announced a new integration with Algorand and 2 other public chains.

September 15th, 2020 - BSN International announces today that it will be supporting 3 more public chains including Algorand - the world’s first open source, permissionless, pure proof-of-stake blockchain for the next generation of financial products. The integration is scheduled to be live on BSN’s International Portal and will help expand and stimulate the already vibrant developer community of Algorand with more use cases to come.

As a part of the Chinese government’s Global Blockchain Strategy, unveiled by President Xi Jinping in November 2019, the BSN initiative is a joint effort led by the State Information Center of China, China Mobile, China UnionPay, and Red Date Technology. It is a standardized, global public infrastructure network to support faster and cheaper blockchain development and deployment. So far, the BSN has a deployment of over 130 public city nodes, covering all provinces and major cities in China as well as international nodes distributed across six continents.

By cultivating a global developer community and facilitating idea exchanges, BSN International can help accelerate technical and business innovation among developers and potentially attract more developers to come and build on high-quality projects such as Algorand.

Through BSN integration, developers on Algorand can run nodes and build applications using data storage, bandwidth and other resources provided by BSN. Compared to running their own nodes, BSN offers them better network quality and more comprehensive services, such as node monitoring. 

"We're thrilled for Algorand to integrate with BSN International,” said Fangfang Chen, Chief Operating Officer at Algorand Foundation. “Participating in the BSN International provides a cost effective and stable infrastructure for developers and enterprises to build on Algorand, and paves ways to achieve our vision of wide-scale blockchain development and adoption."

About BSN

BSN is a cross-cloud, cross-portal, and cross-framework global public infrastructure network used to deploy and operate all types of blockchain distributed applications (DApps). For more information, visit: http://global.bsnbase.com/

 

About the Algorand Foundation

The Algorand Foundation is a not-for-profit organization with a vision of a borderless economy built on public, decentralized blockchain technology. The Foundation, in partnership with Algorand Inc, has built the Algorand protocol as the cornerstone of achieving this vision. The Foundation envisions a wide breadth of applications made possible on Algorand and is focused on enabling all developers to build next gen tools, educating and fostering an inclusive community encompassing protocol governance and economic efficiency in the development of the Algorand ecosystem. The Foundation is committed to facilitating this innovation in a sustainable and eco-friendly manner by utilizing the pure proof-of-stake consensus algorithm.

For more information, visit https://algorand.foundation/

 [EL1]The collaboration is specifically between BSN International and Algorand. BSN includes BSN China and BSN International