BNB Chain team unveils infrastructure for decentralized data storage

The BNB Chain developers published a white paper outlining the infrastructure for decentralized data storage in BNB Greenfield.

BNB Chain is excited to announce the release of the BNB Greenfield whitepaper.

This new standard in Web3 data ownership and utility introduces a new structural and economic paradigm for data in the #Web3 era.https://t.co/6IZH1bJevW

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— BNB Chain (@BNBCHAIN) February 1, 2023

«This is an innovative, blockchain-based decentralized information storage network, which will bring Web3 cloud computing and a new data economy», the project team said.

The solution is based on three key elements:

• a dedicated BNB Greenfield blockchain. Storage providers on the protocol ensure off-chain data backing;
• decentralized applications in BNB Greenfield, through which users can interact with the storage system;
• BNB Chain, which via cross-chain bridges provides access to a broader ecosystem.

According to the statement, BNB Greenfield offers users a number of advantages, including:

• flexible choice of data storage location and full ownership rights over the data;
• the ability to set various access settings for many information segments;
• use of the BNB Chain with smart contract support.

The team is working with AWS Cloud, NodeReal and Blockdaemon to launch a testnet of the solution in the coming months.

The BNB Chain core developer team is working with @awscloud, @Nodereal_io, and @BlockdaemonHQ to build BNB Greenfield testnet, with plans for launch in the coming months.

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— BNB Chain (@BNBCHAIN) February 1, 2023

In 2022, BNB Chain was the leader in the number of hacking attacks on projects in the network, according to Beosin.