Cryptocurrency exchange Binance announced the launch of its own public blockchain, which subsequently will create a decentralized marketplace.
As noted in the document, such a step should become part of the global plan Binance “to transform the company into a community.” Binance a new Chain will allow you to transfer or trade a variety of digital assets.
In addition, the site has announced that in future translate on his own blockchain and cryptocurrency Coin Binance (BNB) — currently, the coins used by standard ERC-20 and function in Ethereum. However, it is unclear how will be implemented this transition to the present holders of BNB.
In turn, the updated token will be the basis for the blockchain exchanges, which will run in parallel with more centralized services Binance.
“We are confident that the level of services to which users are used to Binance, can be significantly improved. Centralized and decentralized platforms will coexist in the near future, being interrelated and complementing each other”, — stated in the message Binance.
We will remind, as it became known earlier, the cryptocurrency exchange Binance put up a reward of $250 000 for information which could lead to the arrest of the hackers who carried out on 7 March, an unsuccessful attempt hacking platform. In addition, the company allocated another $10 million in rewards for help in preventing such incidents.
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