BNB Chain Releases More Details About BNB Greenfield Data Storage and Ownership

Blockchain

BNB Chain Also Teasing April 11 Event

‍BNB Chain has shared more details about its BNB Greenfield Web3 data storage and ownership infrastructure project.

A BNB Chain Blog post goes over storage provider and data economics, BNB Greenfield’s value propositions and its principles.

“BNB Greenfield is a decentralized smart storage network that prioritizes data security and privacy, while also allowing for the creation of a data economy through the use of smart code, challenges, and incentives,” according to the post.

As BSC News reported previously, 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.

Meanwhile, the BNB Chain Twitter account has been teasing a video that promotes catchphrases on data creation, exchange, storage, programmability, ownership, etc., with the tagline that “Something exciting is coming” on April 11.

It certainly sounds like BNB Greenfield, or we could find out that’s something else entirely.

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What is BNB Chain:

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.