Binance has launched a new white paper detailing its latest project, BNB Greenfield, which is a decentralized Web3 storage infrastructure built on Binance’s blockchain platform, BNB Chain.
The system allows users and decentralized applications to have full ownership of their data and is being built as a decentralized storage system with smart contract integrations.
BNB Greenfield will be supported by community developer teams from Amazon Web Services, NodeReal, and Blockdaemon.
The system will use non-fungible tokens and smart contracts for data ownership and management, with Binance’s BNB token being used for the financialization of data storage.
Users who hold BNB tokens and have a BNB Chain address will be able to store data on the platform.
