China may have banned cryptocurrencies on its territory, but blockchain technology remains a key priority area for the government. Its global ambitions in this space are just taking off with BSN Spartan Network, which is advertised to be open-source and free from the Chinese government’s snooping.
BSN’s Spartan Network
Blockchain-based Service Network (BSN), a project backed by the Chinese government, is planning to launch its first major international service, the Spartan Network, in August this year, BSN CEO Yifan He told CNBC in an interview.
He is also the CEO of Red Date Technology, one of the four founding members of BSN. Headquartered in Hong Kong, Red Date Technology is responsible for BSN’s daily operations, R&D, and maintenance.
The Spartan Network promises to bring a one-stop solution for the deployment of blockchain applications in the cloud to help businesses leverage the time and cost advantages. It will constitute a slew of public blockchains with non-crypto of
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