BNB Chain has officially launched the mainnet for its Greenfield network, a decentralised data storage network that offers fast uploads and downloads. The release of the mainnet marks a significant milestone for Web3 data ownership, according to the BNB Chain team.

BNB Chain is an ecosystem of decentralised blockchains, including the staking and governance layer BNB Beacon Chain and the EVM-compatible BNB Smart Chain (BSC). The recently launched layer-2 solution, opBNB, is also part of this growing ecosystem powered by the native token BNB.

Greenfield Network for Web3 Data Ownership

The Greenfield network provides a high-performance data storage platform with cross-chain programmability, built-in access control, fast bandwidth, and data monetization and exchange. Users, developers, data managers, and others can benefit from features such as decentralised hosting, smart contract integration for a “pay for knowledge” ecosystem, data management solutions, and a blockchain-based infrastructure that enables users to track, license, and remix content.

“BNB Greenfield is a transformative development in Web3 data ownership and the data economy, empowering users with control over their data and mitigating the risk of breaches and data loss,” said Arnaud Bauer, senior solution architect at BNB Chain.

For more information, you can read the announcement on the BNB Chain blog.

FAQ

What is BNB Chain?

BNB Chain is an ecosystem of decentralised blockchains, including the BNB Beacon Chain and the BNB Smart Chain (BSC).

What is Greenfield Network?

The Greenfield network is a decentralised data storage network that offers fast uploads and downloads. It provides a high-performance data storage platform with cross-chain programmability, built-in access control, and data monetization and exchange.

What are the benefits of Greenfield Network?

Greenfield Network offers users control over their data, mitigating the risk of breaches and data loss. It also provides features such as decentralised hosting, smart contract integration for a “pay for knowledge” ecosystem, data management solutions, and a blockchain-based infrastructure to track, license, and remix content.

What is Web3 data ownership?

Web3 data ownership refers to the concept of users having control over their data in the online world. It aims to shift the ownership and control of data from centralized entities to individual users through decentralised technologies like blockchain.

What is the native token of BNB Chain?

The native token of BNB Chain is BNB.

Summary

BNB Chain has announced the launch of the mainnet for its Greenfield network, a decentralised data storage network that offers fast uploads and downloads. The release marks a significant milestone for Web3 data ownership, as users gain control over their data and mitigate risks of breaches and data loss. The Greenfield network provides users with a high-performance data storage platform, cross-chain programmability, built-in access control, and data monetization and exchange.