On February 22, 2021, Paul Sherer, Chief Director of the Findora Foundation, and Henry Ma, Chief Architect of BSN International, held an AMA event on Findora's official Telegram channel, introducing the reason and vision for this cooperation. The live broadcast was hosted by Matt Arney, Growth Director of Findora.

The following is the content of the live broadcast, which has been abridged for the convenience of reading.

Matt Arney: Welcome Henry Ma, chief architect of BSN International, and Paul Sherer, chief director of the Findora Foundation, please give a brief introduction.

Henry Ma: I am Henry. I have more than 10 years of experience in software development and product design. I am currently the chief architect of BSN International and a practical engineer for all product delivery of BSN International, including alliance chains, public chains and BSN enabling platforms. I am also responsible for all technical work related to the integration of BSN International permissionless/permissioned chains, open permissioned blockchain initiatives and interchain services.

Paul Sherer: Hi, my name is Paul. I'm a tech entrepreneur and financier based in Silicon

valley. I have an MBA from Stanford Graduate School of Business and previously worked with John Powers, co-founder of the Findora Foundation, for decades. Most recently, I was a Managing Partner at VantagePoint Venture Partners, where I managed $5 billion in PE assets. As one of the original founding team members of Findora, I worked closely with John Powers and Lily Chao and saw us grow from Silicon Valley to Shanghai and beyond.

Matt Arney: Can Henry tell us how BSN International started? And what is its mission?

Henry Ma: The blockchain service network BSN International is part of China's national strategy to lead the digital transformation of the economy announced in October 2019. BSN International is a cross-cloud, cross-portal, and cross-framework global infrastructure network for deploying and operating various blockchain applications. It is a one-stop service for DApp developers. We have built the entire operating environment and shared nodes on the BSN International Global Public City Node (PCN). Developers only need to choose which PCN to connect to and upload the smart contract. With the recent launch of the BSN International Open Authority blockchain, an authority version tailored for the public chain is now also in the developer's toolkit.

From the beginning, we realized that blockchains and DLTs are essentially regional networks that build applications in their own context, independent of each other. There could be an internet environment where there are tens of thousands of interconnected DLT networks. One of our main goals is to include as many blockchain frameworks as possible and make them accessible under one unified standard on the BSN International platform. In this way, we can save users the overhead cost of building a blockchain, and at the same time provide more customized services. Our mission is to reduce the cost of designing and deploying blockchain applications while powering chain-to-chain communication. It will be available globally through local cloud providers, ultimately creating a global internet of blockchains.

Matt Arney: The announcement said that the Findora mainnet will be launched in the first quarter of 2021. May I ask Paul, what advantages and differences does Findora have compared to the current public chain?

Paul Sherer: Findora focuses its deep research expertise on solving three core problems, scalability, privacy, and interoperability. Scalability, privacy, interoperability to enable enterprise services that support millions of users. Our Supersonic performs ZKProofs 1000x more efficiently, protecting privacy and handling auditing functions at very large scales. Our financial services support numerous overlapping financial applications, including payments, credit, investing, tax and procurement. In practice, Findora is able to create a protected financial passport with user credentials and attributes for use by applications. Importantly, user data is never exposed on the blockchain, and authorization is achieved through mathematical verification. This privacy protection is fundamental to mass adoption.

Additionally, transaction transparency is embedded to support full regulatory audit compliance. Finally, leverage smart contracts to enable intelligent assessment, analysis, automation, and accelerated adoption. Some existing projects are only able to solve one or two of these problems, however Findora is the first DeFi project to develop a comprehensive protocol that solves all four problems.

An investment fund, lending platform, or other money management service that operates through a confidential account on an instance deployed with the Findora system will be able to demonstrate compliance with regulations, verifiable performance claims, and prove that it has not misappropriated funds. Stablecoin support should attract large enterprise users to adopt blockchain and benefit from Findora services.

Matt Arney: How did BSN International discover the Findora Foundation? What are the highlights of the cooperation between BSN International and Findora?

Henry Ma: BSN International strives to accelerate the large-scale application of blockchain technology by providing high-quality blockchain services. We are committed to providing developers with as many options as possible. We have been actively looking for excellent public chains to integrate into our system. Now we have integrated 15 public chains into our ecosystem, including Findora. In addition, BSN International and Findora have also reached an agreement on some ideas. We both hope to build an infrastructure to facilitate global developers. The Findora platform is to create a global financial network where anyone can build and utilize financial services. We found that, as the infrastructure of the global decentralized financial network, Findora insists on data privacy and provides convenient financial service options for various users. Now that Findora is about to be integrated into BSN International (bsnbase.io), developers all over the world can develop DApps on Findora, and the monthly fee is as low as $20.

Matt Arney: May I ask Paul, why did Findora choose to join forces with BSN International?

Paul Sherer: Founded in 2017, Findora is an open financial privacy public chain, owned by a decentralized network of global organizations and economic incentives, and guaranteed security in a democratic way. Using Findora, developers can create digital assets, applications, and smart contracts that transparently preserve confidential information using advanced cryptography.

Findora is a market leader in zero-knowledge proof and multi-party computing technology, with strong distributed system engineering capabilities. Findora is committed to the large-scale application of blockchain technology on an enterprise scale. We target industries that seek significant investment to enable rapid fundamental innovation, including -- e-commerce, energy, finance, healthcare, technology. Our approach is to provide advanced blockchain infrastructure that runs at scale on any public blockchain. We will support the entire investment lifecycle, including currency, credit, contracts and custody functions.

Matt Arney: How did Findora learn about the opportunity to partner with BSN International? What progress do you expect from this collaboration? What efforts and resources will Findora devote to this?

Paul Sherer: We learned about this opportunity through our existing relationships in China, including Bank of China. We want to be one of the most active contributors to BSN International. As a public blockchain supporting multiple services, Findora has basic consistency with BSN International. Over time, Findora should become the basic bridge for many geographies and multiple applications in China.

Findora is both a decentralized project and an international project. Our team covers almost every corner of the world, including the whole of Asia. Through mutual connections, we at Findora had the pleasure of sitting down with our colleagues at BSN International and envisioning what our successful collaboration would look like. These initial discussions quickly turned into a partnership where we will integrate BSN International's technology into Findora's protocol and our mainnet will launch to the public in Q1. We are very excited about this integration going live, our team of world class engineers and blockchain experts are committed to delivering an end user product that both BSN International and Findora are proud of.

Matt Arney: Henry, what impact will the cooperation between BSN International and Findora have on the Chinese blockchain market?

Henry Ma: So far, the cooperation has just begun. As the blockchain infrastructure, BSN International will provide Findora developers with excellent low-cost resources and tools to deploy and run DApps. Additionally, Findora will have new opportunities to join open permissioned blockchains - allowing public blockchains to legally enter the Chinese market and create new use cases globally. The Findora protocol places great emphasis on user data privacy and suits business needs, and Findora also has an active community. I am very optimistic about our future cooperation, which will lead to more innovations and provide more convenience for developers.