China plans to create its own NFT industry based on state-backed blockchain infrastructure
China’s Blockchain Services Network plan to roll out infrastructure by the end of this month to support the deployment of NFTs
China’s Blockchain Services Network plan to roll out infrastructure by the end of this month to support the deployment of NFTs
“NFTs are here to stay,” he said, adding that it represents a “paradigm shift” in how the art world functions.
The BSN acts as an operating system for blockchain programs so developers won’t have to design a framework from the group up.
The good news is that while China’s blockchain internet is in its infancy, the US has time to follow its development and respond accordingly.