ConsenSys, one of the world’s largest blockchain software companies, has partnered with Blockchain-based Services Network, a national blockchain project backed by the Chinese government.

The company announced Monday that the partnership in the BSN ecosystem will include its Ethereum-based ConsenSys distributed ledger protocol, ConsenSys Quorum.

The protocol will be available in 80 different cities through the BSN Public City Contract across Mainland China. ConsenSys CEO Charles de Ose told Cointelegraph that ConsenSys Quorum will be available in all major cities and provinces, including Beijing, Cheongan and Hangzhou.

GoQuorum by ConsenSys – an open source Ethereum client and part of ConsenSys Quorum – will be made compliant with BSN frameworks and protocols through the BSN Interchain Communications Center. BSN will also include the ConsenSys blockchain application package known as the ConsenSys Codefi, and place applications such as Orchestrate, Workflow and Assets into the BSN market.

ConsenSys Quorum will be grouped into BSN alongside other major authorized publicly available blockchain networks for sale to businesses and governments. BSN supports major blockchains such as Ethereum, EOSIO, Tezos, Polkadot, and others.

Additionally, ConsenSys will partner with BSN to offer training programs on the use of ConsenSys Quorum in China. Yifan He, CEO of the BSN Development Association, said BSN will include Quorum in its 2021 approach to “accelerate the adoption of blockchain technologies and Ethereum-based solutions in China.”

ConsenSys, founded by Joseph Lubin, co-founder of Ethereum, is one of the world’s largest software companies based on the Ethereum blockchain. By joining BSN, ConsenSys intends to enter a larger and deeper market in China, Lupine said:

“We believe that the various open source blockchain protocols need to collaborate with each other, and with BSN we are taking an important step forward to introduce ConsenSys Quorum to many companies in China that can benefit from transparent collaborative networks.”
BSN is a blockchain initiative supported by the Chinese government and supported by the China State Information Center, a research center of the National Development and Reform Commission. Launched in late 2019, BSN has grown into one of the largest global blockchain ecosystems, and is currently distributing more than 2,000 blockchain apps to companies and government organizations in China. In 2021, BSN plans to complete the integration of 10 permitted protocols and 30 other publicly available blockchain protocols.

Source: CoinTelegraph

LEAVE A REPLY