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BSN Integrates Chainlink Oracles, Bringing Real-World Data Into Its IRITA Powered Network

BSN is a blockchain infrastructure service layer designed to be a one-stop-shop for companies to access ultra low-cost blockchain cloud computing services. It's supported by major Chinese entities and corporations, and its founding consortia partners include China's State Information Center, China Mobile, China Unionpay, and Red Date Technologies.

Chainlink is the world's leading oracle network that works with enterprises such as Google and Oracle. Its technology enables on-chain blockchain applications to incorporate off-chain real-world data in a highly secure and reliable manner. As such, BSN selected Chainlink as the preferred oracle network to enable BSN applications and smart contracts to access data from outside the blockchain (e.g. weather, financial asset prices, IoT data, location information, and much more).

As part of this integration, Chainlink, IRITA, and SNZ Pool are contributing to the fundamental development and growth of BSN. Chainlink will be integrated into BSN via IRITA's interchain service hub. IRITA is a consortium blockchain product built using the Cosmos/IRIS SDK. The IRITA service hub will allow BSN blockchains to receive external off-chain data through Chainlink oracles. SNZ Pool, a professional node operator will provide node services to run the network. This multi-party collaboration will enable developers who build on BSN to access high-quality data through Chainlink which will make their applications more useful and connected with the real-world.

A working prototype that demonstrates the value of Chainlink oracles through the IRITA interchain service hub to BSN applications is already underway. BSN and SNZPool have also allocated resources to support the creation of the node infrastructure to run the Chainlink and IRITA nodes.

Yifan He, CEO of Red Date Technology and BSN co-founder, stated that the integration team plans to unveil a working demo soon. "One of the main purposes of BSN is to provide inte...

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