Binance Will Launch Its Own Blockchain and Upgrade Binance Coin

The company Binance described the launch of its own public blockchain, which will allow you to transfer and trade assets through a chain of blocks.

The company’s report regarding blockchain contains the following information:

“We believe that continuously supporting high-quality blockchain projects is the best way to develop this industry. We will continue to improve this part, as we committed in our whitepaper. However, for Binance, this is far from enough”.

The company plans to release the upgraded Binance Coin (BNB) for the blockchain environment. Thus, Binance intends to change the status of its company to a “community”.

“We know how hard it is to create a business, however, creating history is even harder. The real enemy is often ourselves. We need to continuously improve and disrupt ourselves. We need to work together to create a better version of ourselves”.

The announcement had a positive impact on the exchange rate of BNB, which grew by 22.46%.

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