The BSN is to make it easy for Chinese firms to develop and launch blockchain applications much faster. Launching these applications on the BSN will also be cost-effective.
The BSN says that the heavy costs of developing and maintaining a blockchain network are the biggest problems hindering blockchain growth and development. This need spurred the BSN platform, doing its part to encourage blockchain development and to make it easier for these companies. According to the BSN Development Association:
“This will encourage a vast number of small-, medium- and micro-sized enterprises, and individuals such as students, to use the BSN to invent and innovate, thereby accelerating the rapid development and widespread use of blockchain technology.”
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