ShareRing Integrates with China’s BSN, joining industry giants such as Ethereum, Neo, Chainlink, and Tezos to spearhead blockchain adoption globally

We are thrilled to announce that ShareRing has joined China’s International Blockchain-based Settlement Network (BSN).

The criteria for approval into the network remains very selective, solely focusing on projects BSN considers to have the greatest potential for global collaboration between businesses and users. At the time of writing, there are only 9 other permissionless blockchains in BSN.

“The BSN Foundation is pleased to welcome ShareRing’s easy-to-use network into our ecosystem. Their ability to offer seamless integration with a broad range of DApps will be a strong addition to our vision of building an inclusive and accessible blockchain network for the world.”

Michael Ma, COO of Red Date

Tim Bos, CEO of ShareRing, also shared his excitement:

“We are honoured to partner with BSN, joining industry giants like Ethereum, Neo, Chainlink and Tezos. We share their vision of removing costly entry barriers to blockchain technology and its benefits for businesses and individuals regardless of their size, resources or industry expertise. We are confident we will achieve our mission together.”

Tim Bos, CEO of ShareRing

The BSN Foundation’s mission is closely aligned with Sharering’s: to drive worldwide adoption of blockchain technology for businesses and users of all sizes. Companies face challenges of cost, development, integration, deployment, operations, management and staffing when attempting to incorporate blockchain technology. BSN is leading the charge to solve this by making it as easy as possible to integrate their technology partners’ products.

BSN aggregates their technology partners’ services into their cloud-based ecosystem to make them all accessible to any company or developer that wishes to use them, with very low monthly access fees starting at just $20. Their “plug and play” approach eliminates the need for hiring or outsourcing highly specialized developers, who are in short supply due to high demand in this industry.

One of the most exciting benefits of ShareRing’s integration with BSN’s global ecosystem is how effortless it will be for companies to incorporate our products and services without requiring ShareRing’s assistance with development and integration.

Companies will be able to “skip the line” instead of waiting for us to allocate these resources to begin using our services, greatly expanding our network’s potential userbase to include the customers of each company that incorporates our products.

ShareRing will also gain access to the infrastructure and products of BSN’s partners, such as BSN Founder China UnionPay, which Tim Bos expressed interest in working with, in a recent interview with CoinTelegraph.

The Next Step in ShareRing’s Evolution

Our partnership and integration with BSN grants us access to a vastly larger audience of developers and customers that will integrate with ShareLedger and our dApps. Additionally, we will also have easier access to other dApps within the BSN ecosystem that would normally take a lot more effort to integrate into our ecosystem. BSN has its sights set on “billions of users”, and we are among the first blockchain services they offer in this trusted ecosystem.

To begin, we are expanding ShareLedger’s testnet, mainnet nodes, and validators to run within the BSN, providing a higher level of security protection for the network, as well as unrestricted access to developers that wish to create dApps on ShareLedger. 

Lastly, we are working towards publishing our API to exhibit our ShareRing ID, ShareRing Pay, Rental, asset management and reward protocols for developers to leverage and expand upon, especially for smart cities projects.

About BSN:

The Blockchain-based Service Network (BSN) is a cross-cloud, cross-portal, and cross-framework global infrastructure network used to deploy and operate all types of blockchain applications.

It is a global infrastructure, backed by the State Information Center of China (SIC), to empower developers and companies to create next-generation decentralized applications far more efficiently and accessible under one uniform standard. The founding companies include China UnionPay, China Mobile and Red Date Technology. 

For more details, join us for the Live AMA with Tim Bos on Twitter!

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