$BNB Binance’s blockchain network BNB Chain released on Wednesday morning the white paper for BNB Greenfield, a new decentralized data storage system that will round out Binance’s existing decentralized network.

The decentralized storage system with smart contract-integrated Web3 applications will be powered by BNB tokens, according to the project announcement. The system aims to grant users and decentralized applications (dapps) complete ownership of their data, allowing the system to support website hosting, publishing, data storage and personal cloud applications.

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