Binance creates its own blockchain and decentralized exchange

A little more than six months, the cryptocurrency exchange Binance has become one of the world’s most popular platforms for trading cryptocurrencies.

It would seem that the project has reached the highest point of development. However, the exchange’s management decided not to stop there and move on. On March 13 the exchange website there was a message
that in Binance intend to run your own blockchain Binance Chain, which then will operate a new decentralized exchange and own cryptocurrency.

From this we can say that Binance creates its own ecosystem that will operate decentralized. Centralized and decentralized services Binance will work complement each other, but at the same time independently. If the company will manage to realize this idea, the crypto currency exchange one of turn into the community.

On the platform Binance Chain users will be able to transmit and sell digital assets without involving third parties. Inside the platform will also work an existing token for the local calculations Binance Coin (BNB), established by the standard ERC-20.

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