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ShareRing Ecosystem Joined China’s Blockchain Service Network

Stefan by Stefan
16/09/2020
in Blockchain News
Reading Time: 2 mins read
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ShareRing, bsn, china, blockchain, network
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The global decentralized sharing ecosystem ShareRing announced to be joining China’s blockchain-based service network in a press release that we are looking into, in our latest cryptocurrency news.

The company said that shareRing will join NEO, Tezos, and Ethereum as a Blockchain Service Network partner adding that the network was a testament to the potential of the company for the blockchain industry and beyond. ShareRing is a startup that is focused on creating blockchain-based products for enterprises and will now cooperate with BSN, the biggest blockchain project to date.

In a press release, the company said they have been selected to join BSN in a group of companies that have major global potential. ShareRing gained prominence last month for launching the anonymous contact-tracing e-passport app and commented that the plans of the company are quite ambitious which is what got them now into the BSN. Tim Bos, the CEO of ShareRing said:

 “We are honored to partner with BSN, joining industry giants like Ethereum, Neo 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 thrilled to announce that ShareRing has joined @bsnbase !

The BSN Foundation’s mission is aligned with ours: to drive worldwide adoption of blockchain technology for businesses and users of all sizes.

Read more https://t.co/RdLETiPIRY#adoption #blockchain #SHR #BSN

— ShareRing (@ShareRingGlobal) September 16, 2020

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The Blockchain Service Network wants to utilize the low costs of ShareRing as well as the interoperability and infrastructure. BSN was launched back in April and hopes to create a hosting platform for small and medium-sized businesses which will facilitate the creation and deployment of various decentralized applications. The organization sets goals of adding well-known names in the industry and will continue to do so in the future.

ShareRing was chosen because of the low-cost modular infrastructure which the company said has great potential to improve the access to blockchain technology. The distributed ledger technology ecosystem enables the developers and the users to collaborate across industries so as of this year, ShareRing’s partnerships brought more than 2 million merchants to the network.

China's first blockchain, network, blockchain

Despite the capabilities, ShareRing’s DLT ecosystem is easily accessible to most developers as the company said that the monthly access starts from under $20. Michael Ma, the COO of the BSN foundation, said that the latest addition will broaden the range of existing Dapps which will also strengthen the BSN vision of creating an inclusive and accessible blockchain network.

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DC Forecasts is a leader in many crypto news categories, striving for the highest journalistic standards and abiding by a strict set of editorial policies. If you are interested to offer your expertise or contribute to our news website, feel free to contact us at [email protected]

Tags: blockchain service networkChinachina blockchain service networkchina bsnshareringsharering ecosystem
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Stefan

Stefan

Stefan has been writing articles for DCForecasts since 2016 in-house full time. As one of our main cryptocurrency writers, he focuses on covering the latest cryptocurrency news, technical charts, price analyses of coins and press releases. When he is not exploring and covering the latest topics in crypto, you can find Stefan playing basketball, tennis or cycling.

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