Although the Chinese government is not convinced by cryptocurrencies, the underlying blockchain technology is convincing. China sees its characteristics of traceability, uniqueness and transparency as advantages that need to be strengthened. The Chinese company BSN already announced its expansion into South Korea at the beginning of September, and now the company has published two more locations. According to this, BSN international will in future be found not only in Hong Kong and Macau, but also in Turkey and Uzbekistan.
The entire project is to manage a joint cooperation, Turkish Chinese Business Matching, and also provide the BSN blockchain service as the exclusive operator in the two countries. The aim is to strengthen the interoperability of different blockchains, minimise the development costs of new applications and create a kind of universal adapter. In the long term, the BSN team believes that the BSN may become the internet of blockchains.
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