BLOG July 21, 2020

Neo Partners with Blockchain-based Services Network to Drive Mainstream Adoption

Today, Neo partnered with the Blockchain-based Services Network (BSN)—a global infrastructure aimed at building a digital economy by providing a low-cost platform for blockchain projects and companies alike. As one of the first public blockchains supported by the network, Neo will become one of the technological pillars of the BSN while working alongside other key players such as Chinese State Information Center, China UnionPay and China Mobile to accelerate and realize blockchain innovation and mass adoption. 

High barriers to entry and fragmented developing experience are the key limiting factors preventing mass adoption of blockchain technology. The BSN aims to solve the current high cost problem of blockchain application development and deployment, providing a public blockchain resource environment for developers with greatly reduced costs of development, deployment, operation, maintenance, connectivity and supervision of blockchain applications, so as to accelerate the development and universal adoption of blockchain technology. United by their shared commitment to building the smart economy of tomorrow, Neo will be supported in BSN global public city nodes and portals to help developers overcoming hurdles and challenges preventing mass adoptions. Starting from 10th August, user will be able to experience Neo’s integrated services on BSN’s new official international website featuring:

  • Enhanced Accessibility: Underscoring Neo’s commitment to serving as the most developer friendly blockchain, BSN will integrate Neo’s nodes on its portal, thus enabling developers to quickly and easily choose and access the blockchain network of their choice.   
  • Optimized Cost-efficiency: Priced significantly lower than major Cloud services, BSN makes it easier than ever for developers and enterprises to develop blockchain applications within the Neo ecosystem.   
  • Rapid Deployment: By integrating Neo’s MainNet and TestNet with select city nodes, developers will be able to rapidly deploy high-performance solutions and applications. 
BSN will support Neo from three technical aspects:
  • Neo Node Deployment: Deploying Neo MainNet and TestNet node clusters on selected city nodes to achieve rapid automatic deployment and horizontal expansion of node services on demand, thus providing developers with a high-performance and high-availability Neo node service environment. 
  • City Node Gateway: Providing dApp front-end systems with access to nodes on Neo, and integrating Neo SDK in gateway SDKs to provide developers with convenient blockchain transaction encapsulation. 
  • Neo Middleware Service Integration: Integrating Neo middleware service components between dApps and Neo node services on BSN city nodes, and providing middleware service interfaces through gateways to improve the development efficiency of blockchain applications.

Speaking on Neo’s partnership with BSN, Da Hongfei, Founder of Neo, noted that, “Blockchain adoption has accelerated dramatically within the past few years, and I’m excited to realize the smart economy of the future with the support from BSN. At our core, Neo is fundamentally committed to realizing a platform-neutral and fully digitized world to overcome the limitations of our current paradigm. As such, we look forward to overcoming the challenges facing mainstream blockchain while fostering cross-industry collaboration.  Hand-in-hand with our partners, I am confident that we will realize mass adoption of blockchain and build the smart economy of the future.”

As one of the five sponsor members initiated the InterWork Alliance (IWA) last month, Neo is committed to working alongside its partners to develop and promote tokenization standards for the smart economy. With the support from BSN, Neo is now set to usher in the next era of blockchain adoption and innovation. As the official launch of Neo3 approaches, Neo is ready to collaborate with developers, projects and enterprises to accelerate innovation while becoming one of the technological pillars of tomorrow.

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