China national blockchain Xinghuo BIF appoints MyEG to own and operate Xinghuo International Supernode to connect China blockchain to global markets
SHENZHEN, China, Nov. 17, 2022 /PRNewswire/ -- China's national blockchain, Xinghuo Blockchain Infrastructure and Facility (XInghuo BIF) inked an agreement with MY E.G. Services Bhd (MyEG) for MyEG to own and operate the Xinghuo International Supernode that will provide connectivity to the rest of the world at the 2022 China Internet Conference hosted by China's Ministry of Industry and Information Technology (MIIT) and Shenzhen Municipal People's Government. The agreement also entails the cross-border adoption and utilisation of the latest Decentralised Identifier standard (DID) to gradually create the Web3 of China and beyond.
- SHENZHEN, China, Nov. 17, 2022 /PRNewswire/ -- China's national blockchain, Xinghuo Blockchain Infrastructure and Facility (XInghuo BIF) inked an agreement with MY E.G.
- International enterprises including SAP and Siemens partnered with Xinghuo to promote global blockchain innovative applications.
- Presently, Xinghuo BIF resolves approximately 100 million blockchain identifiers daily, placing it as the most actively used blockchain platform globally.
- The international supernode will connect to MyEG's layer-1 permissioned public blockchain, Zetrix, which is fully compatible with Xinghuo.