China-backed Blockchain Services Network will introduce infrastructure this month to support NFTs that have no link to cryptocurrencies, which are banned in China, the South China Morning Post reported on Thursday.He Yifan, chief executive of Red Date Technology, which provides technical support to BSN, told the SCMP that non-fungible tokens “have no legal issue in China” as … [Read more...] about China-Backed BSN to release infrastructure this month to support NFTs: Report
BSN
BSN Architect Red Date to Launch NFT Infrastructure in China
Red Date Technology, the firm behind the Blockchain Services Network, will launch infrastructure to support the deployment of non-fungible tokens in China.The project, dubbed the BSN-Distributed Digital Certificate (DDC), was announced at the BSN Open Permissioned Summit on Friday.Red Date CEO Yifan He said that NFTs will be widely used in China in the next five years, but that … [Read more...] about BSN Architect Red Date to Launch NFT Infrastructure in China
Korean firm will become first BSN portal operator outside of China
Red Date Technology, one of the four founding members of the Chinese Government-backed Blockchain Service Network (BSN), has announced Korean firm MetaverseSociety as the first BSN portal operator located outside of mainland China.Twitter account “BSNbase” broke the news on Sept. 1, announcing that MetaverseSociety expects to launch its BSN portal during November of this year. … [Read more...] about Korean firm will become first BSN portal operator outside of China