BNB chain introduces new web3 storage product ‘BNB Greenfield’

Binance-backed BNB Chain will launch a new blockchain-based Web3 infrastructure product, BNB Greenfield. crypto slate.

BNB Greenfield is a decentralized storage system with smart contract integration for Web3 applications. The new platform gives users complete control over their data.

The storage system testnet is currently being developed and built by BNB Chain. community developer team Amazon Web Services (AWS), Nordreal, When block daemon.

According to the press statement, the storage system will use BNB as its native token and will be the third blockchain in the BNB ecosystem consisting of BNB Beacon Chain and BNB Smart Chain.

“The storage provider charges in US dollars, giving users a stable long-term understanding of the costs of using BNB greenfields, even when payments are made in BNB.”

The developer added that the platform will allow users to store data, deploy websites, programmatically manipulate data, and store historical data for the BNB ecosystem.

BNB Greenfield uses NFTs and smart contracts to manage data ownership

Meanwhile, the system uses non-fungible tokens (NFTs) and smart contracts to control ownership and grant permission to read data available in the system. He added that the BNB Greenfield blockchain stores the metadata, while third-party providers store the actual data.

According to a press statement, this storage system is designed to serve Web 2 developers and a large user base.

Victor Genin, senior solution architect at BNB Chain, said:

“BNB Chain, together with BNB Greenfield, is leading the way in creating new themes around data ownership and utility. It brings programmability to data ownership.”

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