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Binance Delves Into Decentralized Web3 Storage With BNB Greenfield

BNB Chain, a blockchain platform launched by crypto exchange Binance, revealed interest in building a blockchain-based Web3 infrastructure in its new BNB Greenfield white paper.

The white paper explains it as a decentralized storage infrastructure within BNB Chain, which allows users and decentralized applications (DApps) full ownership of the data. Potential use cases include website hosting, personal cloud and data storage, publishing and more

The testnet of the proposed Web3 infrastructure — built by the BNB Chain core team — is supported by community developer teams from Amazon Web Services, NodeReal and Blockdaemon. BNB Greenfield is being built as a decentralized storage system with smart contract integrations for Web3 applications, which will use BNB (BNB) token (previously known as Binance Coin).

(By ARIJIT SARKAR)

BNB BNB $614.41
-4.5%
Binance Web3
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