China's National Blockchain Service Network (BSN) has announced the integration of the oracles of ChainLink.
The goal is to enable governments and companies to integrate data from around the world into their BSN applications using the IRITA Interchain Service Center. The nodes will be run by the SNZ Pool proof of stake operator.
BSN is an infrastructure designed to be a one-stop shop for companies accessing low-cost blockchain cloud computing services. It is supported by major Chinese companies with partners such as China Information Center, China Mobile, China Unionpay and Red Date Technologies.
China's national blockchain has selected Chainlink because it enables blockchain applications to incorporate real-world data in a highly secure and reliable way.
Their oracles are already in use on various blockchains, and their use is likely increase in the future.
These will be integrated into BSN through IRITA's interchain service center, a blockchain consortium product, created using the Cosmos / IRIS SDK, which will allow blockchains in BSN to acquire data off-chain.
A functional prototype has also been created that demonstrates how Chainlink oracles can be used in BSN through IRITA interchain service center, while BSN and SNZPool have allocated the necessary resources to support the creation of the node infrastructure.
LINK token price Now it is worth more than 25% more than a month ago.
BSN Co-Founder and CEO of Red Date Technology, Yifan He, said:
“One of the main purposes of BSN is to provide interoperability to all DApps, regardless of whether they are for authorized chains or public chains. In BSN, each Dapp should be able to call any other Dapps in a very convenient and low cost way. 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. "
The deputy secretary of the BSN Development Association and director of planning and consultation at the China Mobile Group Design Institute, Xiang Daiadded:
“As a founding member of BSN, the China Mobile team welcomes Chainlink and IRISnet to the BSN family. The inter-chain service center that Chainlink, IRISnet and Red Date are building is the first step in achieving easy and convenient interoperability between all DApps implemented on the network. Using Chainlink and IRISnet networks, you will also connect them to trusted data sources outside of BSN. We believe this integration will transform blockchain applications and foster further growth of the BSN ecosystem, in China and around the world. "
Chainlink co-founder, Sergey Nazarov, commented:
“We are excited to help build BSN's global infrastructure project by providing safe and reliable Oracle services. By connecting BSN applications to real-world data, smart contracts can bring new levels of automation and confidence to global deals. ”