China’s Fuzhou will adopt CasperLabs blockchain technology

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With CasperLabs, China’s Blockchain-based Service Network will be able to receive open-permission blockchain services CasperLabs, a blockchain software company, announced Friday that it was partnering with Blockchain-based Service Network (BSN). With the signing of this agreement, a commemorative nonfungible token (NFT) has been minted that marks Casper Network’s inclusion as a blockchain of choice in the Fuzhou City Chain, both for public and private use – dubbed Fuzhou Chain powered by Casper. RockTree Capital, an investment company based in New York, was important in bringing this agreement to fruition.According to stakeholders, the partnership intends to help BSN benefit from Casper’s scalability, security, decentralization, and use of open-permissioned blockchain (OPB) technology instead of requiring cryptocurrency payments for gas fees. Since BSN’s launch in 2019, more than 120 public city nodes have been established across China, providing data centers that run and process trans

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