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BNB Smart Chain recently announced the development of a unique data storage Web3 and ownership infrastructure known as BNB Greenfield.

This newest infrastructure paradigm will emphasise user flexibility and ownership to place it at the centre of data storage for users.

BNB Chain is focusing on inventing a new blockchain technology that would help users and Dapps (Decentralised Applications) gain the ability to access, store, and manage data with private accessibility and personal keys.

Greenfield will work together with the existing BNB chain apps and would also interact with the decentralised storage and new blockchain providers.

Earlier known as the Binance Smart Chain or BSC, the BMB chain is a decentralised, community driven, censor content resistance technology powered by Binance. It consists of BNB Smart Chain and BNB Beacon Chain and is EVM compatible.

It also facilitates a multi-chain ecosystem. Via the concept of MetaFI, the BNB chain aims at building an infrastructure to power a virtual parallel ecosystem. In a recent report by Arcane Research, Binance controls over 92% of overall Bitcoin trading.

The crypto market is renowned by the name of Binance. This hybrid, non-standard approach allows extracting advantages of both approaches while offsetting the cons. The concept around BNB and the use of cryptocurrencies has been particularly popular across iGaming platforms such as Betting.co.uk which offer high limit and no limit betting, involving seasoned players from across the world.

The potential utility for BNB Greenfield includes personal cloud storage, a new social media model, deployment and hosting websites, and storage of terabytes from BNB Smart Chain.

Ownership and data storage have been controversial topics during the transition from Web2 to Web3.

Web3 has offered a centralised, major grip on the storage of ownership and data.BNB chain has a list of capabilities for BNB Greenfield which mentions:

User ability to create, read, and execute accurate data with known UX interfaces

Log-in ability with cryptographic keys or IDs which are anonymous

Users can own and manage their data assets including programming.

Leveraging of data ownership is offered to users for financial benefits

BNB chain also confirmed that the testnet for BNB Greenfield is undergoing development with Nodereal, Amazon Cloud, and Block Daemon.

BNB Greenfield uses Non-Fungible Tokens or NFTs, smart contracts for managing data ownership. They also give access and permission to view the available data on the system. It has also added a feature where BNB Greenfield can store metadata whereas third-party providers store the original data.

As per a press statement released, the storage system is designed for catering to Web2 developers along with large user bases. Victor Glenn, the senior solution architect of BNB Chain mentioned that BNB Chain is focused on creating a new theme for the utility of data and ownership with BNB Greenfield.

This will also build financialisation and utility opportunities for data in storage. It would also allow owners of data via programmability. Technically, BNB Greenfield is composed of a trinity that works hand in hand for providing decentralised data storage systems.

The trinity includes new BNB Greenfield applications, existing BNB chain applications, and BNB Greenfield blockchain inclusive of storage providers.

Binaces blockchain network BNB Chain recently released BNB Greenfield in 2023 which is a new decentralised data storing system that would work around its existing network. This decentralised storage method is enabled with smart contract-integrated Web3 apps and is powered by BNB tokens.

This system aims at granting Dapps and users ownership of personal data and allows the system to support publishing, website hosting, and personal cloud-based applications.

This new project is launched at a time when Binance is already focusing on its influence in the decentralised finance space before the collapse of multiple high-end centralised cryptocurrency exchanges.

Earlier, Binance Smart Chain, or BSC had faced immense criticism for being extremely susceptible and centralized to rug pulls.

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Access, Storage, and Personal Keys: BNB Smart Chain & BNB ... - Retail Technology Innovation Hub

As the cryptocurrency market continues to evolve, two tokens stand out as having the brightest future for investors in 2023: Binance Coin (BNB) and RenQ Finance (RENQ).

In this article, we will explore the unique features and potential of each token and why they are poised for growth in the coming year.

Binance Coin (BNB) is the native token of the Binance Exchange, one of the worlds largest cryptocurrency exchanges. BNB was created to facilitate transactions on the Binance Exchange and provide users with discounted fees. However, it has grown beyond its initial purpose and has become a valuable asset on its own.

One of the key factors driving the success of Binance Coin is the popularity of the Binance Exchange. With over 28.6 million users worldwide, the exchange offers a wide range of features and services, including spot trading, futures trading, staking, and lending. Binance has also expanded into new areas, such as NFTs and DeFi, through its Binance Smart Chain.

As the Binance Exchange continues to grow and attract more users, the demand for Binance Coin is expected to increase. In addition, Binance has announced plans to burn a portion of BNB tokens every quarter, reducing the overall supply and potentially increasing the value of each remaining token.

RenQ Finance (RENQ) is a DeFi token that aims to connect isolated blockchains and establish a cross-chain asset exchange network. RenQ offers a decentralized exchange (DEX) called RenQ Swap, which provides fast and secure trades, low trading fees, and a wide range of supported tokens. The platforms liquidity aggregation protocol allows it to source liquidity from different exchanges, ensuring users get the best prices.

One of the unique features of RenQ is its focus on community-driven governance. RenQ holders can vote on proposals and changes to the protocol, giving them a say in the future direction of the project. This approach has led to strong community support and engagement, which is a crucial factor for the success of any cryptocurrency project.

RenQ has already raised $11 million in its ongoing presale, indicating strong investor interest in the project. The team behind RenQ Finance has a strong track record in the crypto industry, having worked on other successful projects.

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Both Binance Coin (BNB) and RenQ Finance (RENQ) offer unique features and strong potential for growth in 2023. BNB is backed by the success of the Binance Exchange and its growing user base, while RenQ is focused on creating a cross-chain asset exchange network with community-driven governance.

As always, investing in cryptocurrency involves risk, but these two tokens are worth considering for those looking to diversify their portfolios and potentially reap the rewards of the crypto markets growth.

Click Here to Buy RenQ Finance (RENQ) Tokens.

Visit the links below for more information about RenQ Finance (RENQ):

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Website:https://renq.ioWhitepaper:https://renq.io/whitepaper.pdf

Crypto News Flash does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. Readers should do their own research before taking any actions related to cryptocurrencies. Crypto News Flash is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned.

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Binance Coin (BNB) and RenQ Finance (RENQ) are the two cryptos ... - Crypto News Flash

April 17, 2023 4:45 PM | 2 min read

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Match Chain, a layer1 social graph with Cosmos-level interoperability, is pleased to announce the launch of its highly-anticipated testnet with a decentralized exchange (DEX) and a Bridge. This is a major milestone for Match, and an important step towards the growth and development of its blockchain ecosystem.

The DEX will allow users to trade a variety of cryptocurrencies directly on the blockchain, with no intermediaries or central authorities involved. This will provide a secure and efficient way for users to exchange their assets, and will enhance the liquidity and accessibility of the Match Chain.

The bridge offers a simple, contemporary, and secure means of transferring assets across various networks. Acting as a connection between EVM-based blockchains such as Ethereum, Polygon, and Binance Smart Chain, and Match, it seeks to encompass Layer 2 solutions like Arbitrum and Optimism, as well as facilitate NFT transfers in the upcoming future.

Both the DEX and the bridge are key components of Match's vision to create a comprehensive and robust blockchain ecosystem that offers a wide range of services and features to its users. By integrating these tools on its testnet, Match is taking a significant step towards achieving this goal.

The integration of the DEX and bridge has been made possible by the hard work and dedication of the Match team, their collaborator as well as the support and contributions of the wider blockchain community. Match would like to express its gratitude to all those who have been involved in this project, and looks forward to continuing to work together to build a decentralized, connected future.

FiLDA, a cutting-edge lending/borrowing protocol, will explore further with Match to leverage the innovative technology of the Match Chain to provide a streamlined and secure lending and borrowing experience to the users. The platform is set to provide a safe and secure environment with fast transactions and low fees. With this bold step in sight, Match is confident in its ability to drive innovation and growth, and to deliver tangible value to its users.

For more information on the Match chain, what they do and how to connect with Match, visit: Website | DevDoc | Twitter | Discord | Telegram | Medium | Mirror | Reddit

Match Labs

Petrix Barbosa

Team@matchain.io

View source version on newsdirect.com: https://newsdirect.com/news/match-announces-its-testnet-with-dex-and-bridge-589817880

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2023 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

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Match Announces Its Testnet with DEX and Bridge - Benzinga

The recent trends in XRP transactions indicate that the asset is becoming the most popular altcoin in South Korea.

Data from the crypto market intelligence provider, Kaiko, revealed that Ripples native token is recently taking the lead among other assets in the country. The token has drawn the attention of most investors in the country, resulting in a surge in its trading volume.

Kaikos report is based on its analysis of the trading volumes of the top altcoins in the crypto markets since the beginning of the year. The data provider analyzed several crypto exchanges, including Koreas four biggest exchanges and Coinbase. These four largest exchanges are Bithumb, UpBit, GOPAX, and Coinone.

Also, data from WhaleWire, a source for crypto insights, confirmed the surge in Ripples native token trading volumes within exchanges in South Korea. According to the firm, XRPs trading volume reached almost $16 billion since the beginning of the year.

The tokens value is above Nano (XNO) and Dogecoin (DOGE), which took the second and third positions. Data from CoinMarketCap highlighted that the 24-hour trade volume for the token on only Upbit exceeded $500 million.

The attention on XRP is wider than just investors in South Korea. All across the globe, whales are focusing on the token. According to WhaleStats, the top 100 Binance Smart Chain whales hold more than 52.6 million XRP tokens. These tokens are worth almost $26.87 million in the current market prices.

The growing accumulation of XRP tokens is connected to the expectation of a favorable ruling in the SEC vs. Ripple lawsuit.

XRP has witnessed an exciting price rally this year. Also, the growing interest from South Korean investors in the asset has supported the tokens rally. While the reason for the attention of South Koreans on XRP could be ambiguous, the assets price action may offer a simple explanation.

From the beginning of 2023, the price of XRP has been increasing progressively. The token moved from the $0.3 region to the $0.4 region on March 21. The token finally broke a new resistance to hit the $0.5 level on March 28. It has been hovering around the region till today, April 18.

The price action for Ripples native token over the past 90 days and 30 days indicated a surge of 33.46% and 35.67%, respectively. At the time of writing, XRP is trading at $ 0.5212, showing a rise of 2% over the past 24 hours.

Featured image from Pixabay and chart from Tradingview

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XRP Grabbing Investor's Eyeballs As The Leading Coin, Report | Bitcoinist.com - Bitcoinist

With each passing day in the crypto industry, youre bound to find unpredictable shifts in the market. Some may be more significant than others, but BNB (BNB) and Chainlink (LINK) are having a hard time discerning the path forward.

On the other end of the spectrum, you have the ongoing success of TMS Network (TMSN), which is skyrocketing through the second phase of its presale.

A community-driven crypto project thats supported by smart contract developers, node operators, and many others, Chainlink (LINK) boasts a unique ecosystem. Chainlink (LINK) is a blockchain abstraction layer, and it works to enable universally connected smart contracts.

This is the core idea behind Chainlink (LINK), but it doesnt scratch the surface of what it can offer. Various use cases for Chainlink (LINK) include decentralized services in DeFi, insurance, enterprise, NFTs, and even gaming.

Chainlink (LINK) titles itself as the industry standard Web3 services platform. Every aspect of the projects technology and ecosystem is headed in the right direction. However, when you look at Chainlinks (LINK) chart, its clear the current bear market has taken its toll. You can invest in Chainlink (LINK) for $8 right now, but this price hasnt moved much in quite some time.

A token that goes hand-in-hand with Binances ecosystem, BNB (BNB) carries its own use cases and investment opportunity. Its important to note that BNB (BNB) doesnt have a cheap entry gate, as tokens are currently available for $332.70. Like any token, BNB (BNB) has encountered ups and downs depending on the current state of the market.

Aside from that, BNB (BNB) is a vital aspect of Binances many sub-projects. Some of these include Binance Academy, Binance Smart Chain, and Binance Chain. BNB (BNB) went through a substantial price increase in 2021. Then again, it has struggled to navigate the effects of a bear market since June of last year.

On the flip side, BNB (BNB) has been slowly crawling its way back up. The BNB (BNB) chart is on an upward trajectory and may reach new heights in the near future. Unfortunately, many investors dont look to BNB (BNB) as its expensive and may not offer the best returns.

Poising itself as an all-in-one trading platform, TMS Network (TMSN) is making impressive progress in the crypto industry with its unique services and benefits. Theres a lot of talk around TMS Networks (TMSN) recent growth, as theyve gone through an increase of 2,240% of overall revenue. Moreover, TMS Network (TMSN) is also celebrating a 963% increase in its token $TMSN so far.

Aside from these eye-opening numbers, TMS Network (TMSN) wants to minimize many known issues across exchanges on the market. For example, by using TMS Network (TMSN), you wont have to worry about high trading fees, price manipulation, or wash trading. They also provide investors with many tools, such as on-chain analytics and portfolio management tools, and even help with building strategies.

By investing in the TMS Network (TMSN) token, traders will have access to premium services like dedicated support, voting rights on governance decisions, and commission revenue sharing. Theyll also have access to multiple markets outside of cryptocurrency, and these include global equities, CFDs, and Forex. Right now, analysts are paying close attention to the project, and many predict that TMS Network (TMSN) could be worth around $1.5 after its presale.

Numerous investment opportunities are always available, but none come close to what TMS Network (TMSN) brings to the table. Theyve also seen additional growth from Metacos recent partnership. If you want to take hold of the benefits of an early investor, now would be the time to jump into the TMS Network (TMSN) project.

Presale: https://presale.tmsnetwork.io

Whitepaper: https://tmsnetwork.io/whitepaper.pdf

Website: https://tmsnetwork.io

Telegram: https://t.me/tmsnetworkio

Discord: https://discord.gg/njA95e7au6

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Digital Asset Tech Provider Metaco's Partnership Boosts TMS ... - UseTheBitcoin