All rights reserved. Chainlink 24h $ 22.26 +21.88%. Chainlink price today is $22.95 USD with a 24-hour trading volume of $4,951,770,685 USD. The Blockchain Service Network (BSN) was created to advance the blockchain ecosystem nationally in a careful, calculated manner. BSN's ChinaChain launched commercially this week. BSN is part of the national blockchain strategy mentioned by President Xi in a speech he gave late last October. Finally, CryptoSlate takes no responsibility should you lose money trading cryptocurrencies. if you are pur With this, the BSN is allowing enable government and enterprise data to flow across its IRITA interchain service hub. The first interchain framework will be IRITA and the first oracle will be Chainlink, said the BSN in a release. Note that past gains are no guarantee of positive results in the future. As we reported in January, China’s long-awaited Blockchain Services Network, aka ChinaChain, was finally unveiled and opened to commercial use yesterday. The price of Bitcoin is hovering under $37,000 after the correction from $40,000 in the past 72 hours. This multi-party collaboration will allow BSN developers to access high quality data to make their applications more useful and connected. A global effort, BSN has integrated with six public chains including Ethereum, EOS, Nervos, Tezos, NEO and IRISnet. SHANGHAI, June 23, 2020 /PRNewswire/ -- China's recently launched national Blockchain Services Network (BSN) is bringing Chainlink oracle functionality to its network. By connecting BSN applications to real-world data, smart contracts can bring new levels of automation and trust to global agreements.”. When you click on the links, we receive a commission - but the prices do not change for you! Chainlink and Aave hit all-time highs: why are DeFi tokens rallying hard? Here are the top 5 performing cryptocurrencies …, The whole crypto market is falling strongly. designed for companies / corporations to access low-cost blockchain cloud computing services and deploy / manage all kinds of DApps. The project officially launches August 10 this year, allowing users around the world access to low-cost blockchain solutions. The main product Chainlink price reference contracts consists of 30 DeFi price feeds, on the Ethereum network, each consisting of 7 to 21 secure, independent Sybil resistant nodes, sourcing data from a high quality aggregator. The chief architect of the Blockchain Services Network (BSN), a crucial component of China’s blockchain strategy, explained how it will work with Shanghai-based Irisnet to develop an “internet of blockchains” during a TechNode web event on June 18.. It spiked above $5,60 yesterday, and today it broke the $6 barrier before increasing to $6,40. China’s national blockchain platform BSN will integrate Chainlink, the blockchain middleware, into its network, according to Chainlink’s recent announcement.According to Dragonfly Capital’s Haseeb Qureshi, BSN will also support public blockchains like Ethereum. Meanwhile, the BSN Interchain Communications Hub will feature as a major part of the BSN Public City Nodes. Nurse Graduation Gift, Nurse Keychain, Personalized Rn Bsn Np Lvn Pa Ma Lpn Gift, Caduceus Accessory, Doctor Gifts, Medical Student Gifts Sale Price $11.77 $ 11.77 $ 14.71 Original Price $14.71 (20% off) China’s recently launched national Blockchain Services Network (BSN) is bringing Chainlink oracle functionality to its network. Terms | Privacy, Six public blockchain nodes will be soon integrated into the Blockchain Service Network (, BSN’s official Twitter handle confirmed the development on June 21. In what may be described as its most important partnership till date, Chainlink partnered with Chinese State’s Blockchain-based Services Network (BSN) on June 23 for provision of decentralized data oracles to assist with security, reliability and inter-connectivity, further helping growth and adoption of blockchain technologies. For the uninitiated, the project aims to build an internet of permissioned and permissionless blockchains — eventually powering “millions of dApps” wholly deployed, managed, and interoperable on the BSN. “BSN will continue to work with these teams to develop more middleware and tools to reduce the time and cost of the development of dApps.”. The six nodes are Chainlink, Ethereum, Nervos Network, Iris Network, NEO, and Tezos. Please do your own due diligence before taking any action related to content within this article. In its quest for technological dominance under the Five-Year-Plan, China’s leaving no stones unturned. This integration will allow enterprises and developer teams opportunity to integrate real world data to BSN based projects using Chainlink oracles via the IRITA interchain service hub (consortium blockchain product of Cosmos/IRIS SDK). Disclaimer: By using this website, you agree to our Terms and Conditions and Privacy Policy. BSN is a blockchain infrastructure service layer designed to be a one-stop-shop for companies to access ultra low-cost blockchain cloud computing services. Source: rongyiquan – Shutterstock China’s Blockchain Service Network (BSN) project will integrate six public blockchains including Ethereum, Tezos, EOS, NEO and Chainlink’s oracle technology. None of the information you read on CryptoSlate should be taken as investment advice. Just take a look at our exchange comparison! But where could prices go now? After 6 months of internal testing, the BSN project was shown off at a virtual press conference Saturday in Beijing. Sergey Nazarov, co-founder of Chainlink, stated, “We’re excited to help build out BSN’s global infrastructure project by providing secure and reliable oracle services. CryptoSlate is only an informational website that provides news about coins, blockchain companies, blockchain products and blockchain events. The current CoinMarketCap ranking is #8, with a market cap of $9,216,291,782 USD. The future of finance: Synthetix just launched staking on Optimistic Ethereum. In a move that further cements the importance of vetted, real-world data, China’s Blockchain Services Network (BSN) will integrate Chainlink and its vast network of decentralized oracle systems to governments, enterprise and individual decentralized applications (dApps) running on the BSN via the IRITA interchain service hub, as per a press release on June 23, 2020. Launched in China in April, BSN was designed to boost the integration and adoption of blockchain. Yifan He, BSN expert and CEO of Beijing Red Date Technology, spoke on the ChainLink addition, saying the partnership between the two, will give access to outside data from many Chinese companies, such as financial transaction information from China Union Pay, something difficult to obtain and analyze in the first place. It is called BSN or Blockchain-based Service Network. Chainlink is up 8.73% in the last 24 hours. CFDs are complex instruments and carry a high risk of losing money quickly through leverage. There are over 135 blockchain nodes running now in Hangzhou, China. Look no further! Please take that into consideration when evaluating the content within this article. (Source: Pinterest) As CryptoSlate reported earlier, 135 public nodes are already running as part of the BSN.Touted as the “blockchain internet,” the service aims to bring internet-enabled … Is Bitcoin price manipulation by whales a real thing? China’s Blockchain Service Network (BSN) group has revealed its plan to […] 7/ We (Dragonfly) predicted that since Xi Jinpeng announced the "Blockchain+" initiative, it would start with permissioned blockchains, but would eventually embrace the innovation happening in the decentralized world. It is a consortium of major Chinese corporations namely the China’s State Information Center, China Mobile, China Union Pay and Red Date Technologies (which oversees research/development, maintenance and operation of the network). A large narrative over the past few months is the introduction of institutional capital to the Bitcoin space. Another “Three to five” public chains will be added to the BSN International ecosystem; with a focus on public chains that emphasize and encourage dApp development. The public blockchains will be part of the BSN International Portal that is set to be launched on August 10th. It will allow BSN blockchain to receive … Yifan He, CEO of Red Date Technology and BSN co-founder, stated that the integration team plans to unveil a working demo soon. It has a circulating supply of 401,509,556 LINK coins and a … China BSN releases “first” integration plan; Chainlink, Ethereum, NEO feature July 23, 2020 Crypto Six public blockchain nodes will be soon integrated into the Blockchain Service Network ( BSN ), one of China’s foremost blockchain projects. For starters; 135 public nodes are reportedly active in the province — affirming to China’s broader Five-Year-Plan that heavily features blockchain technology. China’s Blockchain Service Network (BSN) is a national initiative designed to boost the integration and adoption of Blockchain in big businesses. The development is part of a larger push for blockchain services under China President Xi Jinping’s ambitious vision for new technologies. Thank you, 5 Reasons Why Chainlink Isn’t Likely To Be Classified As Security, Loopring Integrates Band Protocol To Enhance Layer 2 DEX Functionality, A Guide To The Top 5 Decentralized Oracle Projects In Crypto, Top 5 Performing Cryptocurrencies of the Week -(Week 25), Breaking – After Bitcoin Crash, Cryptocurrencies Price Analysis, Bitcoin, Ethereum, IOTA, EOS, Ripple, Cardano, Chainlink, Top 5 Performing Cryptocurrencies of the Week -(Week 24). As part of this collaboration, @irisnetwork and @SNZHolding will also contribute technical integration support.— Chainlink – Official Channel (@chainlink) June 23, 2020. IRISnet is receiving a grant to complete a native integration of Chainlink on China's Blockchain Services Network (BSN), enabling governments and enterprises in China and throughout the world to incorporate validated real-world data into their BSN applications in a … Come September, and the BSN will implement a working demo of the Interchain Communications Hub. Please do your own diligence before making any investment decisions. The six nodes are Chainlink, Ethereum, Nervos Network, Iris Network, NEO, and Tezos. China's Blockchain Services Network (BSN) has integrated Chainlink oracle functionality to its network. @Telegram@Instagram@Twitter @TikTok@Facebook, About Trading @CT TraderAbout Crypto in general @CT Inside, This post may contain promotional links that help us fund the site. BSN will add more partners to the ICH in the future,” the release added. LINK was trading at $4,60 a few days ago before it began its decisive surge towards registering several consecutive all-time high prices. Trading with financial products, especially with CFDs involves a high level of risk and is therefore not suitable for security-conscious investors. This collaboration with Chainlink, IRITA, and SNZ Pool will help us achieve this goal and ensure that BSN users reach new levels of security, reliability, and interconnectivity. Six public blockchain nodes will be soon integrated into the Blockchain Service Network (BSN), one of China’s foremost blockchain projects. The professional Proof Of Stake (POS) pool SNZ will run nodes to support the operation. BSN earlier tweeted its excitement over the news. — Haseeb Qureshi (@hosseeb) June 28, 2020. The oracles are secure, resistant to manipulation and thus reliable. CryptoSlate is not accountable, directly or indirectly, for any damage or loss incurred, alleged or otherwise, in connection to the use or reliance of any content you read on the site. The Zhejiang district in China has laid the foundation for the Blockchain Service Network, (BSN) the country’s ambitious nationwide blockchain project, as per local reports this week. China's recently launched national Blockchain Services Network (BSN) is bringing Chainlink oracle functionality to its network. Be aware that most private Investors lose money, if they decide to trade CFDs. Thread calling Bitcoin a “giant smoldering Chernobyl” goes viral on Twitter, On-chain data shows millionaires are flocking to Bitcoin…and there isn’t enough for all, Data shows Bitcoin mining difficulty flat despite near 300% gains in price, Analysts explain why Bitcoin is primed for a rally back to $40k and higher, Wall Street investor advises more investors to put a few percent into Bitcoin, These cryptocurrencies are up over 10% today despite Ethereum’s sharp 8% drop, Bitcoin surges a day after Grayscale reopens deposits, and it’s not a coincidence. They are not financial advisors and only express their opinions. Let’s take a look at it in more detail. Bitcoin Price, Ethereum Price, Ripple Price. In a move that further cements the importance of vetted, real-world data, China’s Blockchain Services Network (BSN) will integrate Chainlink and its vast network of decentralized oracle systems to governments, enterprise and individual decentralized applications (dApps) running on the BSN via the IRITA interchain service hub, as per a press release on June 23, 2020. Yesterday it was reported that China has officially released a nationwide blockchain service network (BSN) or blockchain hosting platform. BSN will expand by building more public city nodes throughout the world, integrating more frameworks to the ecosystem, and supporting more BSN portals. “One of the main purposes of BSN is to provide interoperability to all DApps, regardless of whether they are for permissioned chains or public chains. © 2021 CryptoSlate. BSN said the development is part of a broader redesign for its International Portal. Earn up to 12% APY on Bitcoin, Ethereum, USD, EUR, GBP, Stablecoins & more. There are over 135 blockchain nodes running now in Hangzhou, China. The former is already running on the BSN China Portal. China’s national Blockchain Services Network (BSN) has announced the integration of Chainlink’s oracles. China’s national Blockchain Services Network (#BSN) is integrating Chainlink as the preferred oracle network to provide @BSNBase systems access to off-chain data. Blockchain-based Services Network or BSN is a cross cloud, cross portal blockchain infrastructure network (integrating cloud resources, frameworks, operating environments, identity and certificate management, development SDK and gateway API etc.) Touted as the “blockchain internet,” the service aims to bring internet-enabled blockchain services to the general population. Follow us on Social Media and subscribe to our free crypto newsletter! None of the information you read on CryptoSlate should be taken as investment advice, nor does CryptoSlate endorse any project that may be mentioned or linked to in this article. On Tuesday (June 23), China’s Blockchain Services Network (BSN), which got its public launch on April 25, announced that it will be integrating with decentralized oracle network Chainlink (LINK). BSN is excited to announce the six public chains that will be integrated at the launch of the redesigned BSN International Portal @ethereum @block_one_ @tezos @NervosNetwork @Neo_Blockchain @irisnetwork @IRITAchain @chainlink @dfuseio https://t.co/CGtw2azbaQ. “The demo will feature a Fabric DApp, a FISCO BCOS DApp and an EOS DApp, which will be able to interact with each other through the hub. CryptoSlate does not endorse any project or asset that may be mentioned or linked to in this article. An official press release says the key integration will enable governments and enterprises to incorporate validated real-world data into their BSN applications using Chainlink oracles via the IRITA interchain service hub. Six public blockchain nodes will be soon integrated into the Blockchain Service Network (BSN), one of China’s foremost blockchain projects. Chainlink will be integrated into BSN via the interchain service hub of IRITA, a consortium blockchain product. Buying and trading cryptocurrencies should be considered a high-risk activity. Disclaimer: The authors of this website may have invested in crypto currencies themselves. Or are you looking for the current Bitcoin Price in USD? China’s leaving no stones unturned in its well-publicized quest to become the world’s leader in blockchain development and services. On BSN, each Dapp should be able to call any other Dapps in a very convenient and low-cost way. Meanwhile, permissionless services will be active only on the BSN International Portal, and on international public city nodes (PCNs), due to Chinese regulations. Two functions — interoperability and oracle — will be the cornerstones for this aspect. Add an Initial letter charm to any items from KristinaUSShop only. We highly recommend our Crypto-Starter-Kit to you! Here are the top 5 performing cryptocurrencies of the week (week-24). This key integration will enable governments and enterprises to… The yearly cost of running the … This collaboration with Chainlink, IRITA, and SNZ Pool will help us achieve this goal and ensure that BSN users reach new levels of security, reliability, and inter-connectivity. The goal is to allow governments and businesses to integrate data from around the world into their BSN applications using the IRITA interchain service hub. CryptoSlate has no affiliation or relationship with any coin, business, project or event unless explicitly stated otherwise. The news from China is that a project to create infrastructure for Blockchain went live on April 25th. Independent journalism can only survive if we stick together as a society. As part of this collaboration, @irisnetwork and @SNZHolding will also contribute technical integration support.— Chainlink – Official Channel (@chainlink) June 23, 2020 Commitment to Transparency: The author of this article is invested and/or has an interest in one or more assets discussed in this post. The Zhejiang district in China has laid the foundation for the Blockchain Service Network, (BSN) the country’s ambitious nationwide blockchain project, as per local reports this week. While six public networks will be tapped in initially, the BSN will expand. BSN’s official Twitter handle confirmed the development on June 21. BadgerDAO’s Bitcoin rebasing token appears on chain, Ethereum 2.0 staking service launches token with $1.4b fully diluted valuation, Ethereum will become more scarce: why this ETH upgrade is a game-changer, Here are the US Treasury proposals for Bitcoin and ‘virtual currency’ wallets, What does the January 15 deadline hold for Tether, the world’s biggest stablecoin, What the first half of 2021 will look like for Cardano (ADA). When is it safe to buy in …. Three main services are currently on offer; permissioned services, permissionless services, and interchain services. The six nodes are, Billions of dollars in Cosmos (ATOM) are set for new Ethereum bridge, Wen DIGG? At the time of writing this, the Bitcoin price is sitting at $34663.26. Disclaimer: Our writers' opinions are solely their own and do not reflect the opinion of CryptoSlate. This will allow governments and firms to exchange information in the real world and their BSN applications using … BSN’s official Twitter handle confirmed the development on June 21. Chainlink is a decentralized data oracles service, which connects smart contracts to off-chain real world events information. China’s national Blockchain Services Network (#BSN) is integrating Chainlink as the preferred oracle network to provide @BSNBase systems access to off-chain data. On November 20, Chainlink announced that it has selected IRISnet as the next recipient of the Chainlink Community Grant Program, with the goal of completing a native integration of the protocol into China’s Blockchain Services Network (BSN).. In order to support and motivate the CryptoTicker team, especially in times of Corona, to continue to deliver good content, we would like to ask you to donate a small amount. (Source: Pinterest) As CryptoSlate reported earlier, 135 public nodes are already running as part of the BSN. Chainlink 24h $ 22.26 +3.99 +21 ... Union Pay is building the infrastructure to power payment and money transfers in BSN. China’s surging ahead with its blockchain aspirations even as the world grapples with the basic regulation around distributed systems and digital currencies. :). BSN said the launch will feature EOS Dfuse APIs to allow dApp developers to “build EOS Dapps easily and quickly.” Ethereum-based Dfuse APIs will be announced at a later date. On BSN, each Dapp should be able to call any other Dapps in a very convenient and low-cost way. BSN will expand by building more public city nodes throughout the world, integrating more frameworks to the ecosystem, and supporting more BSN portals. Buying and trading cryptocurrencies should be considered a high-risk activity. Any type of trading and speculation in financial products that can produce an unusually high return is also associated with increased risk to lose money. The speed that BSN is expanding is massive and the goal is to have 200 server nodes across China by the end of 2020. Anyone considering investing in crypto currencies should be well informed about these high-risk assets. The BSN is a standardized internet services provider for dapp developers. It is super easy to buy Ripple. The system was built by UnionPay, the State Information Center (SIC), China Mobile, and three other organizations to support the digital economy and smart cities. Purchases will be canceled and refunded without any ordering a Jewelry or accessory from my shop. Today sees the Bitcoin bulls mounting a fightback following the weekend slide. China’s Blockchain Service Network (BSN) has announced the use of Chainlink oracles. As CryptoSlate reported earlier, 135 public nodes are already running as part of the BSN. Since the launch of China’s BSN during the weekend, though, the asset has skyrocketed. Is up 8.73 % in the future, ” the release added few! 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