How a little-known start-up is helping China lead the world in blockchain – South China Morning Post

The role of the BSN in China is to enable companies, government agencies, financial institutions and others to create blockchain applications, known as distributed applications or Dapps, at low cost. Photo: Handout The role of the BSN in China is to enable companies, government agencies, financial institutions and others to create blockchain applications, known as distributed applications or Dapps, at low cost. Photo: Handout

The role of the BSN in China is to enable companies, government agencies, financial institutions and others to create blockchain applications, known as distributed applications or Dapps, at low cost. Photo: Handout

  • The Chinese government, which has struggled with technologies such as semiconductors, sees blockchain dominance as strategic to its tech development
  • Red Date received a US$30 million investment from investors including Saudi Aramco-backed Prosperity7 Ventures and Thailand’s Bangkok Bank

Topic |   Blockchain

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Masha Borak

Updated: 8:38am, 27 Jun, 2021

The role of the BSN in China is to enable companies, government agencies, financial institutions and others to create blockchain applications, known as distributed applications or Dapps, at low cost. Photo: Handout The role of the BSN in China is to enable companies, government agencies, financial institutions and others to create blockchain applications, known as distributed applications or Dapps, at low cost. Photo: Handout

The role of the BSN in China is to enable companies, government agencies, financial institutions and others to create blockchain applications, known as distributed applications or Dapps, at low cost. Photo: Handout