Sunday, November 27, 2022

China’s national blockchain project adds Polkadot support By Cointelegraph

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China’s national blockchain project adds Polkadot support

Chinese government-backed blockchain initiative, the Blockchain Service Network, or BSN, is introducing support for another batch of major blockchain protocols. On Nov. 26, it announced that it will integrate Polkadot, Oasis and Bityaun into its ecosystem on Nov. 30.

Polkadot’s blockchain protocol is designed to connect multiple specialized blockchains into one unified network. Polkadot also enables processing of numerous transactions on several chains in parallel, bringing another level to its network capacity. Oasis specializes in private and scalable decentralized finance tools, while Bityuan is a blockchain solutions provider to Chinese companies.