Chainlink is built into the BSN framework that will become the Chinese standard for blockchain based applications and services. The service releases tomorrow, April 25th. China Mobile, the leading telecommunications company in China, and UnionPay, the banking infrastructure used by over 2000 institutions in 178 countries, collaborated on BSN, along with the government backed think-tank State Information Center.
Excerpt: "Next month, an alliance of Chinese government groups, banks, and technology companies will publicly launch the Blockchain-based Service Network (BSN). It will be among the first blockchain networks to be built and maintained by a central government.
Think of it like an operating system, where participants can use existing blockchain programs, or build their own bespoke tools, without having to design a framework from the ground up.
The BSN’s proponents say it will reduce the costs of doing blockchain-based business by 80 percent. By the end of 2020, they hope to have nodes in 200 Chinese cities. Eventually, they believe it could become a global standard."
Since this releases tomorrow, and China is 12 hours ahead of the West......IT'S HAPPENING TONIGHT!!!!
Chinks have stupid names you shitskin, they sound even worse than yours jamal
Christian Lewis
Still trusting chinks I see
Alexander Jackson
No no see I didn’t trust them and now I trust them
Brandon Harris
LINK allows them to be even more authoritarian
Carter Myers
Based chinks will make me rich. Fuck everything else.
Kayden Cox
trolled :^)
Jaxon Edwards
I'm sorry wasn't this the mantra in 2017?
Carson Miller
>X - Doubt
Liam Price
And they made me a lot of money. Chinks are based as fuck, they have the best pumps. Only boomers hate chinks.
Brody Barnes
BSN will leverage China Mobile’s distribution network to carry out marketing campaigns while training technical people to get used to the network. The company has tens of thousands of people and branches in many counties, He noted.
Union Pay is building the infrastructure to power payment and money transfers in BSN. Since China does not allow payment for goods or services with cryptocurrency, all the payments based on smart contracts will be made through the traditional banking system. The payments company will also develop other basic functions, such as sending text messages, as plugins.
Several of the top 10 Chinese cloud technology companies have decided to use BSN to build blockchain-based services “since we offer the most cost-effective services,” He said, without naming any.
China would just steal StinkShit's open source code and make their own version.
Jack Harris
This is just your typical "Google partnership" shill. Some random roastie makes a blog post about China implementing some Russian fatasses code into their network and you seriously believe it.
Never going to happen. Back to $1 eoy. Screencap this and thank me later.
