BNB Greenfield utilizes BNB as its native token and becomes the fourth blockchain in the BNB Chain ecosystem, alongside BNB Beacon Chain, BNB Smart Chain, and zkBNB (currently in testnet).
BNB Greenfield Architecture
BNB Greenfield consists of a trinity that works in concert to provide a novel decentralized data storage system – all with the user at the center. BNB Greenfield itself is a storage-oriented blockchain interacting with a decentralized network of storage providers (SPs). Users upload their data with unique access and usage permissions. Storage providers store that data off-chain with proper redundancy and backup. Metadata of users’ BNB ledger is stored on the BNB Greenfield blockchain.
By way of a native cross-chain bridge, all aspects of the data stored in the BNB Greenfield ecosystem can easily be transferred to BNB Smart Chain, where it can be used both in the existing BNB Chain dApp ecosystem and with a new generation of BNB Greenfield dApps – these new decentralized applications can either help users interact with the BNB Greenfield ecosystem or be Web3 products themselves that leverage the data in new and exciting ways.
The ability to uniquely configure permissions on data in a native smart-contract-enabled environment is the mechanism that enables myriad potential business models that will benefit users and other BNB Greenfield participants.
Potential Use Cases for BNB Greenfield
Individual users can use BNB Greenfield as a personal cloud storage service or publishing platform – and companies can now easily host and deploy their websites via BNB Greenfield – all conveniently managing payments for these services with the BNB token. BNB Greenfield infrastructure can be used to create an entirely new social media model, where users can directly own and monetize their content, as well as their social graphs. And, BNB Greenfield can be used to store terabytes of historic data from BNB Smart Chain, as well as Layer2 rollup transaction data. The possibilities are endless.
Building BNB Greenfield Testnet
The launch of the BNB Greenfield whitepaper is just the first step in a journey towards greater data independence, ownership and opportunity for users, builders and the broader Web3 community.