ChainCatcher news, according to Cointelegraph, the Singapore-based global blockchain infrastructure organization BSN Foundation officially announced its establishment on November 16, with five international founding members. The founding members of BSN include institutional digital asset wallet Blockdaemon, blockchain infrastructure automation platform Zeeve, digital asset creation platform Toko, as well as technology companies GFT Technologies and Hongzao Technology. The newly established BSN Foundation will serve as the governing body of the BSN Spartan network.It is reported that the BSN Spartan system is the open-source international version of the blockchain service network BSN, which was launched overseas last year. Tim Bailey, Vice President of Global Business at Hongzao Technology, stated that BSN was indeed initially initiated in China. However, the BSN Spartan network is managed by the Singapore BSN Foundation and is different from the BSN network in mainland China; the BSN Spartan network is built to international standards, fully open-source, and operates separately from the BSN network in mainland China.