Greenfield Case Study: Unlocking the Future of Data Storage

2023.10.16  •  5 min read
Blog post image.

Web3 adds the possibility of “ownership” to the current Web2 landscape where the focus is on user-generated content and usability. At BNB Chain, we believe that blockchain technology facilitates the ownership of assets and exchange among people. This includes the ownership, exchange, and use of data. 

While many described data as “the new oil”, data’s value can only be enriched through meaningful interpretation, exchange and autonomy over ownership.

In response to the growing demand for a Web3 Data Economy, BNB Greenfield was created with the intention to improve the current Web3 infrastructure for data. By offering flexible storage, data access control, and seamless integration with smart contracts, Greenfield empowers users to take control of their data and unlock its value. 

Imagine a simple use case where you can use your knowledge to create valuable content (IP). You upload this content onto Greenfield, and then grant or sell this access to potential buyers. All of these can be easily executed on Greenfield. In this article, we will explore real-life use cases and hear directly from projects about how Greenfield is helping them lead the charge in the new data economy.  

Greenfield at a glance

Greenfield is a decentralized data storage network with a native integration to BNB Smart Chain (BSC). BNB Greenfield delivers the following benefits:

Decentralized Storage: Greenfield enables projects to create, read, share, and even execute data in a transparent manner. 

High Performance: Greenfield exceeds the industry standard for uplink and downlink bandwidth, using its novel Storage Providers (SP) architecture to offer rapid upload and download speeds. 

Built-in Access Control:  Users upload their data and apply unique access and usage permissions to the specific groups of other users. Most other dStorage systems have to introduce a new Virtual Machine to enable this feature. 

Cross-chain Programmability: BNB Chain Decentralized Apps (dApps) in BSC or opBNB (in future) can easily create their own data products and services using Ethereum Virtual Machine (EVM) compatible languages. 

Data Monetization & Exchange: With Greenfield, users can establish data marketplaces in which they can freely create, list, trade and sell their data.

Leveraging these benefits, developers can create decentralized applications (dApps) using the BNB Greenfield platform. The following are some real-life use cases demonstrating how projects are leveraging what Greenfield has to offer:

AIGC with NFTPrompt

Artificial Intelligence Generated Content (AIGC) refers to content created by algorithms, often without manual intervention. However, some major challenges with the production of AIGC are securing storage, confirming ownership, protecting privacy, and managing permissions. BNB Greenfield was designed to resolve such challenges and NFPrompt is an example of how its features can be leveraged to ensure the user maintains ownership. 

NFPrompt is a Web3 platform that allows creators to turn their ideas into AIGC in the form of artistic NFTs. Collectors can then buy and sell these NFTs along with the original prompts used to create them where these records are immutable on the blockchain, meaning they can never be changed or altered. No two similar prompts create the same piece of art.

In the first version, NFPrompt leverages Greenfield as a data storage provider so that it can be more flexible with the management of the user-generated content on their platform. In future releases, NFPrompt will leverage the built-in access control to enhance user ownership, autonomy and privacy. NFPrompt’s future plans also include supporting more AI generative content such as video, music and 3D assets.

Personal Data Marketplaces with RIDO

Tech giants like Google capitalize on personal user data like page views and behavioral data. Yet, while they are benefitting from such data, the everyday individual has little to no control over their information.

BNB Greenfield solves this by enabling users to securely store their personal data, ensuring access is only granted with creator consent and/or when a fee is paid. In establishing this system, users create their own personal “data marketplace”, which can further be integrated with BNB Smart Chain so that no middlemen are required to process payments. One such example is RIDO protocol. 

RIDO seeks to empower users to hold ownership over their data and enable them to trade on their own personal data marketplace. On RIDO, users can decide how they would like to transfer and trade ownership of their data. Programmable data-generated conditions mean that users can state how the data can be modified. 

Furthermore, RIDO’s programme access control permission features allow users to implement access control logic. These features on RIDO are made possible with Greenfield’s built-in access controls, thereby allowing users complete ownership over their data, all of which are fundamental to how ownership can be ascertained and tradable.

RIDO focuses on ensuring the credibility of data. Data is valuable when it can be verified as accurate. RIDO achieves this by offering attestations through the BNB Attestation Service (BAS) for data stored in Greenfield, enhancing trustworthiness and transactional value. 

Data Infrastructure with Glacier

Information comes in all forms, and while we use the umbrella term “data”, how information is structured and communicated can make a lot of difference. This is especially true for developers wanting to derive insights. Web3 developers sometimes face challenges such as data being scattered and rigid, as well as slow storage, which hinders speed and productivity, and leads to high scaling costs. 

Greenfield’s rapid speeds and cost efficiency make it ideal to support decentralized databases like Glacier, making it easier for databases to store data that aren't an intuitive fit for current L1 and L2 blockchains. 

One common example of such data are social media updates. Online status and feed updates are often short and frequent. Yet, such data in abundance can help generate meaningful insights, such as Twitter sentiment being correlated to speculation and price action in the market. Glacier is an infrastructure that applies BNB Greenfield to store, share, and host such datasets at scale to make the data storage and data query process secure. 

Some common use cases of Glacier’s database include an NFT database where protocols can store various NFTs’ metadata. Here, metadata gives information about the NFTs. This querying of NFT metadata or in-game activity data can be of great use to blockchain games developers. 

Conclusion

The Glacier, NFPrompt, and RIDO integrations with BNB Greenfield showcase Greenfield’s transformative potential for a diverse range of industries. 

Accelerating the Web3 ecosystem through transparency, data ownership, and seamless integration, BNB Greenfield is supporting the Web3 community to truly take control of their data.

Follow us to stay updated on everything BNB Chain

Website | Twitter | Telegram | Facebook | dApp Store | YouTube | Discord | LinkedIn | Build N' Build Forum

Share