China’s BSN Integrates Chainlink Oracles
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China's Blockchain Services Network (BSN) has integrated Chainlink oracle functionality to its network.

An official press release says the key integration will enable governments and enterprises to incorporate validated real-world data into their BSN applications using Chainlink oracles via the IRITA interchain service hub.

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The integration provides BSN users with additional layer of security, reliability, and interconnectivity to help fuel even greater growth and adoption of blockchain applications in China and around the world, the press release states.

Chainlink will reportedly be integrated into BSN via IRITA's interchain service hub.

BSN Co-founder & Red Date Technology CEO Yifan He says the integration team plans to unveil a working demo soon.

"One of the main purposes of BSN is to provide interoperability to all DApps, regardless of whether they are for permissioned chains or public chains," Yifan added.

Earlier iHodl reported that China successfully completed development of national central bank digital currency (CBDC) backend.

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People’s Bank of China’s (PBoC) National Council for So­cial Se­cu­rity Fund former Vice-chair, Wang Zhong­min announced the completion of development at the online 2020 Fin­tech Fo­rum organized by Ten­cent Fin­tech Re­search Insti­tute.

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