BNB Chain launches data storage solution Greenfield

BNB Chain launches data storage solution Greenfield

The BNB Chain ecosystem has launched the mainnet of its highly anticipated Greenfield, marking a major milestone in decentralized data storage and management.

Greenfield is a novel blockchain specialized for decentralized data storage that allows users to upload files and data, set customized access controls and store information redundantly across a decentralized network of storage providers.

According to a recent announcement shared with crypto.news, Greenfield introduces a network architecture and economic model that gives users control over their data in Web3.

Crucially, Greenfield data is not stored directly on the blockchain. Instead, the blockchain manages access rights, metadata, payments and incentives.

The actual files are stored off-chain by storage providers. This unique…


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