The BSN was founded by Red Date along with state-owned China Mobile, China Union Pay and the State Information Centre. Photo: Handout
The BSN was founded by Red Date along with state-owned China Mobile, China Union Pay and the State Information Centre. Photo: Handout
NFTs
Tech /  Policy

China to create own NFT industry based on state-backed blockchain infrastructure, main developer says

  • The BSN-Distributed Digital Certificate does not support crypto-transacted NFTs, and will allow businesses and individuals to build apps and portals to manage tokens
  • The new infrastructure has the potential to disrupt the current industry, having already attracted more than 20 partners

Coco Feng
Coco Feng in Beijing

Updated: 10:09pm, 13 Jan, 2022

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The BSN was founded by Red Date along with state-owned China Mobile, China Union Pay and the State Information Centre. Photo: Handout
The BSN was founded by Red Date along with state-owned China Mobile, China Union Pay and the State Information Centre. Photo: Handout
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