Bianjie Joins the Blockchain-based Service Network Development Association (BSNDA)

BlockbeatHK
4 min readJul 7, 2020

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The Blockchain-based Service Network Development Association (BSNDA) is a collaborative group formed by organizations that forward the growth of Blockchain-based Service Network (BSN). Dedicated to technical research and development, industry standard establishment, and product innovation, the association consists of the Cloud Services Committee, the Developers Committee, the Finance Committee, the Media Committee, the Industrial Capital Committee, and currently comprises 25 member organizations.

BSNDA is guided by the principles of: achieving multifaceted developments and cooperations within the association; integrating and coordinating the members’ resources and capabilities, including technical research and development, cloud resources, financial products, and media outreach; ensuring the long-term growth, stability, and operation of BSN; forming a global infranet that gradually lowers the cost of developing, deploying, interworking, and supervising blockchain applications.

On July 5th, 2020, the BSNDA Standing Council passed a resolution to extend its membership to the third group of organizations comprises of the following:

The Cloud Services Committee:

Kingsoft Cloud (NASDAQ: KC)

The Developers Committee:

Bianjie

JD Digits (Beijing Haiyitongzhan Information Technology Co., Ltd)

The Media Committee:

8BTC.com (Hangzhou Shichuo Information Technology Co., Ltd)

The Industrial Capital Committee:

Draperdragon Fund

Introductions of the newly inducted members:

Kingsoft Cloud

Founded in 2012, Kingsoft Cloud is among the top three cloud computing providers in China. Going public on Nasdaq in May 2020, Kingsoft’s business scope reaches multiple countries and regions globally. For the 8 years after its establishment, Kingsoft has always been guided by a customer-centered service principle, providing safe, reliable, stable, and high-quality cloud computing services. Building on top of the 30 years of service experience accumulated by the Kingsoft Cooperation, Kingsoft Cloud continues to be defined by its technology and gradually constructs a complete system including both the framework and the operation of cloud computing.

Bianjie

Bianjie (Bianjie.AI) is a Shanghai based high-tech startup. Since 2016, Bianjie has been focused on developing innovative products and solutions for financial and healthcare industries, using advanced Blockchain and big data technologies. Bianjie is the core development team for global blockchains including IRISnet (a interchain Service Hub for building next-gen business applications) and also participating in Cosmos (Internet of Blockchains) development. Bianjie uses IRISnet i-Services as well as privacy computing technology built IRITA which is a permission chain for enterprise computing needs. Bianjie has served customers in China including provincial/state level blockchain platforms, leading Internet healthcare service providers and a leading insurance service provider.

Bianjie was officially certified as a China National High-Tech Enterprise in September 2019 and won several national technology awards.

Beijing Haiyitongzhan Information Technology Co., Ltd

JD Digits is a technology company dedicated to digital services. Established as a part of JD, inc. (NASDAQ:JD) and formerly known as JD Finance, the company began to operate independently in October 2013 and rebranded itself as JD Digits in November 2018. Powered by leading technologies including data technology, artificial intelligence, Internet of Things, I, and blockchain, JD Digits constructs and develops essential digital risk management capabilities, user operations capabilities, industrial understanding capabilities, and B2B2C business service capabilities.

Hangzhou Shichuo Information Technology Co., Ltd

8BTC, belonging to the Hangzhou Shichuo Information Technology, is the biggest and oldest blockchain media community platform in China. It is also one of the few platform companies in the blockchain industry. During recent years, Babite has expanded its media business to areas currently including blockchain technology development, BAAS platform operation, the MATPOOL mining pool, incubators, and exhibitions. Babite is dedicated to two main facets of business: to popularize blockchain technology and to practically instate blockchain technology.

DraperDragon

DraperDragon (Shanghai) was founded in March 2006; it is a short to medium-term investment fund created as a joint venture between the internationally recognized venture capital firm Draper Fisher Jurvetson (DFJ) and DragonVenture. Draperdragon focuses on funding China-related high tech companies. The fund is headquartered in Silicon Valley and manages two US Dollar funds “DFJ DragonFund I & DFJ DragonFund II” and one RMB fund “DFJ DragonFund Sheng”; it also holds management and consulting divisions in Shanghai.

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