BNB
by BSCN
February 1, 2023
BNB Chain is bringing ownership front and center to its latest Web3 data storage development.
BNB Chain has announced the development of a new Web3 data storage and ownership infrastructure called BNB Greenfield. The new infrastructure paradigm will put user ownership and flexibility back at the center of user data storage.
BNB Chain is effectively inventing a new blockchain that will allow users and Decentralized Applications (Dapps) the ability to store, access, and manage their data with personal keys and private accessibility.
Working together with existing BNB Chain applications, Greenfield will interact with the new blockchain and decentralized storage providers to usher in a “new economic paradigm for data storage in Web3,” according to BNB Chain’s Growth Operations Director Alvin Kan.
Very exciting tech update on @BNBCHAIN - decentralised storage infra that will set a new economic paradigm for data in web3 https://t.co/zlHnCFcLxy
— Alvin Kan (@alvin_kan) February 1, 2023
Data storage and ownership have long been controversial topics in the transition from Web2 to Web3. Web2 institutions have a major, centralized grip on the storage of data and its ownership, where breaking this stranglehold can be seen as a disenthrallment from the control of centralized entities.
BNB Chain lists the capabilities for BNB Greenfield as follows:
BNB Chain confirmed that testnet for BNB Greenfield is in development with Amazon Cloud Services, Nodereal, and Blockdaemon and expects to launch in a few months.
For more information about the development of BNB Greenfield, please see the whitepaper.
Previously known as the Binance Smart Chain (BSC), BNB Chain is a community-driven, decentralized, and censorship-resistant blockchain that is powered by Binance. It consists of BNB Beacon Chain and BNB Smart Chain, EVM compatible and facilitating a multi-chain ecosystem. Through the concept of MetaFI, BNB Chain aims to build the infrastructure to power the world’s parallel virtual ecosystem.
Website | Twitter | Discord | Telegram | GitHub |
Latest News
1h : 47m ago
Ethena Labs and Securitize to Launch New Blockchain: What is Converge?
March 17, 2025
Pi Network's PI Token: Analysis and Review
March 17, 2025
Hedera and the HBAR Token: Full Analysis & Review
March 17, 2025
Do AI Agents Need a Token? CZ Weighs In
March 17, 2025
New Pi Network Features for Pi Day 2025
March 17, 2025
What’s Fueling PancakeSwap’s Sudden Surge in Trading Volume?
March 17, 2025
How Much Bitcoin Does North Korea’s Lazarus Group Own?
March 17, 2025
LIBRA Token Co-Creator Hayden Davis' Alleged New Token: What We Know