Blockdaemon Blog

Blockdaemon Joins the BSN Foundation as a Founding Member

Daemon News
Nov 16, 2023
Blockdaemon has become an inaugural member of the Singapore based Blockchain-based Service Network (BSN) Foundation. Read more to see what this means to the future of Web3.

Today, Blockdaemon becomes an inaugural member of the Singapore based Blockchain-based Service Network (BSN) Foundation. 

With this membership, Blockdaemon strengthens its commitment to fostering innovation in decentralized IT systems.

This collaboration represents a major stride in achieving a future where decentralized technology becomes a feasible and attainable reality for businesses worldwide.

Founding Members

In addition to Blockdaemon, founding members include GFT Technologies, TOKO, Zeeve, and Red Date Technology. 

This group, spanning the United States, Germany, and Hong Kong, brings a rich tapestry of expertise: 

  • Blockdaemon: As a leader in institutional-grade blockchain infrastructure, Blockdaemon brings essential expertise in supporting secure and scalable blockchain networks. The focus on providing a seamless, secure, and efficient onboarding process helps streamline blockchain implementation for organizations, making Blockdaemon a key player in advancing decentralized IT infrastructures.
  • GFT Technologies: Operating in over 15 markets worldwide, GFT has more than 35 years of experience in developing sustainable solutions based on new technologies including artificial intelligence and blockchain/DLT.
  • TOKO: TOKO specializes in digital asset tokenization and legal compliance solutions, crucial for the adoption of blockchain in regulated industries. Their expertise ensures that digital assets on the blockchain are secure, compliant, and seamlessly integrated into existing legal frameworks. 
  • Zeeve: Zeeve is an enterprise-grade no-code Blockchain Infrastructure Automation platform that enables easy deployment, monitoring, and management of blockchain nodes and networks.
  • Red Date Technology: As the technical architect of the BSN Spartan Network, Red Date Technology contributes foundational knowledge in public IT system infrastructures. Their expertise in internet communications, digital economies, and digital payments is fundamental to the development of a robust, decentralized network.

Each member's unique strengths and expertise collectively contribute to the BSN Foundation's mission. 

The BSN Foundation plans to expand its membership to at least 40 leading international companies. With each new member, the Foundation strengthens its position as a decentralized governance body. 

This growth is crucial for achieving a truly decentralized IT infrastructure on a global scale. 

Blockdaemon & BSN Foundation: Shared Missions

As an industry leader, Blockdaemon consistently seeks to streamline and enhance the blockchain onboarding and iteration processes for organizations. The BSN Foundation's commitment to a decentralized public layer of the Internet resonates deeply with Blockdaemon's vision. 

Blockdaemon offers the BSN Foundation a wealth of experience in blockchain node deployment, a cornerstone in building reliable and scalable blockchain networks. 

With a proven track record, Blockdaemon provides enterprise-grade solutions that streamline the complex processes of blockchain implementation. This expertise directly supports the BSN Foundation's objective to offer decentralized solutions on a global scale. 

Blockdaemon will also play a pivotal role in simplifying onboarding onto the BSN Spartan Network, an innovative decentralized cloud service solution.

We are committed to assisting organizations in simplifying their BSN Spartan onboarding and iteration processes with institutional-grade security,” says Andrew Vranjes, VP of Sales and General Manager of APAC at Blockdaemon.

Benefits for Enterprises

Decentralized systems, like those offered by the BSN Spartan Network, streamline data sharing and ownership for enterprises. 

At launch, industry leaders such as HSBC, Prenetics, and FUJIFILM Business Innovation Hong Kong demonstrated a diverse range of enterprise use cases. These ranged from business-to-business payments and enterprise document management to digital health data sharing.

Traditional centralized IT systems often create silos, limiting data accessibility and control. In contrast, decentralized architectures promote a more open and transparent data environment. This transparency enhances trust among stakeholders and improves data integrity. 

Long-term Vision

Looking ahead, the potential of decentralized IT infrastructures to transform traditional business operations is immense. 

The BSN Foundation envisions a future where public IT systems complement and enhance existing centralized architectures. This integration promises to revolutionize business operations, making them more efficient, secure, and transparent. Decentralized systems have the potential to redefine how businesses handle data, conduct transactions, and interact with stakeholders. 

This is a fundamental shift in the business paradigm, opening doors to unprecedented levels of innovation across industries.

Blockdaemon's Commitment to BSN Foundation

Blockdaemon remains unwavering in its commitment to simplifying blockchain adoption for enterprises. 

With a focus on institutional-grade security and efficiency, Blockdaemon is at the forefront of bringing blockchain solutions to businesses. Blockdaemon ensures that enterprises can harness the full potential of this revolutionary technology with ease and confidence.

Discover how Blockdaemon's solutions can transform your business's approach to blockchain technology by booking a call today

By partnering with Blockdaemon, you take a significant step towards integrating cutting-edge blockchain solutions into your enterprise. Blockdaemon can help you stay ahead in the rapidly evolving digital landscape.


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