đĄ : Binance's blockchain network, BNB Chain, has revealed a white paper introducing a decentralized data storage infrastructure named BNB Greenfield.
BNB Greenfield introduces a brand new structural and economic paradigm for data in the era of Web3. BNB Greenfield uses BNB as its native token and becomes the third blockchain in the BNB Chain ecosystem, alongside BNB Beacon Chain and BNB Smart Chain, according to a statement.
BNB Greenfield will offer various services such as personal cloud storage and website hosting. The blockchain will also allow for the creation of a "brand new social media model" where users can monetize their content.
â»ïž - Upcoming Testnet Launch
The network indicates that it is collaborating with AWS, NodeReal and Blockdameon in the development of BNB Greenfield's testnet, which is expected to launch "in the coming months."
BNB Greenfield is designed to be inclusive to both Web2 and Web3 communities. The APIs are designed to work similarly to popular cloud storage systems, and although fees will be paid in BNB, they will be billed in USD, providing users with a consistent understanding of BNB Greenfield's cost structure.
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