Chainlink (LINK), one of the popular cryptocurrency projects, is very close to the record level after news of integration with China’s National Blockchain Services Network (BSN).
Chainlink (LINK), one of the most popular cryptocurrency projects in the market, has risen to an all-time high with the effect of news from China today.
In the press release published on the subject, it was reported that China’s National Blockchain Services Network (BSN) was integrated with Chainlink. Thus, government agencies and businesses will be able to integrate verified real world data into BSN applications using Chainlink oracle, according to the statement.
BSN is a layer of Blockchain infrastructure services that is supported by large Chinese organizations and companies, designed to provide one-stop service for companies to access extremely low cost Blockchain cloud computing services. Among the founding partners of BSN are China’s State Information Center, China Mobile and China Unionpay.
The price of LINK increased from $ 4.5 to $ 4.90, with an increase of close to 10 percent following the development. With this price level, LINK is also very close to exceeding the record level. The cryptocurrency saw its peak on March 4 with $ 4.97. LINK, the 13th largest cryptocurrency with a market value of $ 1.7 billion, has experienced a 180% increase in value since the collapse in March.