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BSN Foundation Launches International Blockchain Initiative for Decentralized IT Infrastructure

A Milestone Moment

The BSN Foundation, a newly minted entity based in Singapore, has officially opened its doors to the world of blockchain. Launched on November 16, this foundation is not just a local affair; it boasts a roster of five founding members from across the globe, highlighting a commitment to international collaboration in blockchain infrastructure.

Meet the Founding Members

The foundation has enlisted notable partners including:

  • Blockdaemon: Specialists in institutional digital asset wallets.
  • Zeeve: An automation platform making blockchain infrastructure easier.
  • Toko: A platform for creating digital assets.
  • GFT Technologies: Tech firm focused on enabling innovation.
  • Red Date Technology: A major player in the blockchain ecosystem.

The Vision Behind the BSN Spartan Network

As the governing body of the BSN Spartan Network, the foundation aims to set a new standard for decentralized IT infrastructure. Tim Bailey of Red Date Technology aptly described the launch as a huge leap towards global growth, showcasing the support and interest revolving around the BSN Spartan Network.

What is the BSN Spartan Network?

Launched in September 2022, and stemming from an earlier concept initiated in 2020, the BSN Spartan Network is designed to revolutionize how public chain technology can be engaged. Unlike cryptocurrencies that often ride the wild waves of market volatility, this network aims for stability and is equipped with a non-tradable token (NTT) system, ensuring manageability by design.

Distinct but Familiar

While the BSN has roots in China, Bailey assures that the Spartan Network operates independently and is compliant with international standards. It is equipped with a governance model that puts a thumb on the scale of decentralization, avoiding the pitfalls associated with the traditional cryptocurrency environment.

Words from the Wise

“We’re not just innovating the technology, but rethinking how global cooperation in IT can take shape,” says Bailey, which could easily be a tagline for a motivational poster about blockchain solidarity. This foundation is not merely a new institution; it’s the start of a broader conversation about the future of technology, international cooperation, and a more stable network for businesses that want to cut through the volatility.

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