Red Date Technology, the developer of China’s state-backed blockchain infrastructure Blockchain-based Service Network (BSN), has partnered Dubai-based fintech firm Singularity Innovations to offer blockchain infrastructure services in the Middle East and Africa.

As part of the collaboration, Singularity Finance, an Egypt-based unit of Singularity Innovations, will also promote the BSN Spartan Network, a non-cryptocurrency framework available only outside the Chinese mainland, said Red Date in a Monday statement.

Mo Taysir, chief executive officer of Singularity Innovations said the partnership enables the infrastructure to power international interoperable enterprise blockchain solutions in various fields including global trade, supply chain, identity, carbon credits and personal data management.

(By TIMMY SHEN)