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Quorum to be added to China’s state-backed blockchain network

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Today ConsenSys announced it has partnered with China’s Blockchain-based Service Network (BSN) to add ConsenSys Quorum (formerly JP Morgan’s Quorum). Quorum, the enterprise version of Ethereum, will join the other enterprise blockchains offered on the Chinese version of the BSN network, which currently has more than 100 public city nodes in 80 cities. Quorum is expected to go live in 2021.

The BSN aims to enable low-cost adoption of blockchain technologies for SMEs and individuals and, going forward, to enable interoperability between separate private blockchains. Backed by the State Information Center of China (SIC), other founding members include UnionPay, China Mobile and Red Date Technology.

“GoQuorum will also be interoperable with other permissioned frameworks and open permissioned frameworks on BSN, building the blockchain cornerstone for the ‘new infrastructure’ in China,” said Yifan He, CEO of Red Date Technology and the executive director of BSN Development Association.

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