BNB Chain, a cryptocurrency exchange that is part of the Binance ecosystem, has launched a new initiative called BNB Greenfield. Zoe Wei, Head of Developer Relations and Marketing of BNB Chain, spoke exclusively to Coin Edition in a recent YouTube interview about the new project and the Zero2Hero hackathon.
Wei explained that BNB Greenfield is a decentralized storage infrastructure within the broader BNB chain ecosystem. The initiative aims to help users and DApps to trade, store, and exchange data with full ownership, thus forming a new data economy. BNB Greenfield stands apart from other decentralized storage systems with its data access, programmability, full ownership, and speed. Furthermore, BNB Greenfield is teaming up with various decentralized networks such as AWS or Google, which can still remain as an individual’s primary storage provider, while BNB Greenfield acts as a secondary provider.
Wei said that BNB Greenfield is trying to provide a user-friendly infrastructure to develop apps that can create a user experience very similar to Web2. In other words, they want to make it easy for developers to create decentralized apps that have the same ease of use as centralized apps. When asked about how BNB Greenfield will tackle the challenges in the current decentralized storage network landscape, she replied, “BNB Greenfield can minimize the speed taken to compile encrypted data from different providers. We can also offer ownership to data which can then be commercialized, unlike other blockchains.”
Wei also spoke about some industries that could benefit from this technology such as personal cloud storage, web hosting, and content creators. The BNB Greenfield initiative has the potential to offer a new way for these industries to store and exchange data in a decentralized manner.
In addition to the BNB Greenfield initiative, Wei also announced that the Zero2Hero Hackathon had launched on April 17 and would last until May 14. The hackathon is a “technology bootcamp” that is aimed at aiding individuals who wish to join Web3 but do not have the technical skills required.
The four to five week long bootcamp offers more than 20 workshops across seven tracks. Participants will be able to find project partners from across the world and then bring their ideas to life. If the projects are valid, the winners will be moved to an ‘incubation round’ which is incentivized by both their web2 and web3 partners. BNB Greenfield has partnered with AWS, Google Cloud, Tencent, Channelling, Acceler, UniSwap, Pancake, and more for the same.
Overall, the BNB Greenfield initiative and the Zero2Hero hackathon are exciting developments in the world of decentralized storage and Web3. They have the potential to make decentralized apps more accessible and user-friendly, while also providing a new way for industries to store and exchange data.
