China’s Blockchain-Based Service Network (BSN) is split into two, the Chinese version only supports permissioned or enterprise blockchains, and the international network also includes public blockchains. Today the BSN announced that Cosmos, the interoperability focused public blockchain technology, has been adapted to run on the Chinese network.
The work to create an Open Permissioned Blockchain (OPB) was done by Bianjie, the company behind Chinese public blockchain IrisNet, which is a participant in the International BSN. The company also developed the enterprise blockchain version IRITA.
Two of the BSN’s key aims are to enable low-cost adoption of blockchain technologies for SMEs and individuals and enable interoperability between separate private blockchains.
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