Binance has recently revealed its plans to develop a decentralized storage infrastructure called BNB Greenfield as part of Binance’s blockchain platform, BNB Chain. The ecosystem of BNB Greenfield is designed to provide a decentralized data storage system, with the user at the center. The system will allow users to store their data, deploy their websites, programmatically manipulate data, and store historical data for the BNB ecosystem.
The storage system will be developed as a distributed storage network with smart contract interfaces for Web3 applications, using Binance’s BNB token as its native token. The storage system’s testnet is currently being developed and built by BNB Chain with the support of community developer teams from Amazon Web Services (AWS), NodeReal, and Blockdaemon.
BNB Greenfield uses non-fungible tokens (NFTs) and smart contracts to manage data ownership and control the availability of the data. The storage metadata will be kept on the BNB Greenfield blockchain while the actual data will be stored by third-party providers. The developers of BNB Greenfield have designed the platform to cater to both Web 2 developers and large user bases.
