October 04, 2022

China’s International Blockchain Push May Face Huawei-Like Obstacles

Featuring Yaya J. Fanusie

Source: Forkast

Journalist Timmy Shen

BSN Spartan was developed by Hong Kong-based Red Date Technology Ltd, which Beijing tapped to design and build China’s domestic blockchain infrastructure. Red Date, which the company said has around 200 employees, built a track record in China helping to design so-called “smart cities.” It handles R&D, maintenance and daily operations for BSN, according to Hong Kong’s WHUB startup website. “I would emphasize the point that BSN is going to be challenged by its image,” Yaya Fanusie, an adjunct senior fellow at Washington-based think tank Center for a New American Security and a former Central Intelligence Agency analyst, told Forkast.

“BSN has had this Chinese government brand. My sense is that Spartan is really just a rebranding,” said Fanusie, who also testified before a U.S. Congress panel last year about BSN.

BSN is China’s attempt to “build the infrastructure for Web 3.0, the next level of the internet or the next evolution of the internet,” he said. “The founders and the Chinese government really want to see infrastructure that the rest of the world uses but which is under Chinese control, or at least where the Chinese state has influence over that infrastructure,” Fanusie said in the Forkast interview.

Read the full story and more from Forkast.

Authors

  • Yaya J. Fanusie

    Adjunct Senior Fellow, Energy, Economics and Security Program

    Yaya J. Fanusie is an Adjunct Senior Fellow at the Center for a New American Security (CNAS). His research focuses on the national security implications of cryptocurrencies an...