THORChain Joins Binance Chain Alliance

2019-09-18 — 2 min read

Binance Chain Alliance is an association of blockchain projects who are committed to developing on Binance Chain and have been listed on Binance DEX.

The aim of this initiative is to support other projects and their teams as they build on Binance Chain, sharing key technologies, resources and network. Together as one Alliance, the rate of innovation on Binance Chain will increase ensuring its usefulness and security into the years ahead.

THORChain’s Contribution to Binance Chain Alliance

THORChain will be debuting the first secure decentralised finance application on Binance Chain with BEPSwap, with some key innovations in security, redundancy and application logic.

Layer 2 Research

All of BEPSwap is open source and will enable a square wave of innovation for layer 2 commerce on Binance Chain. Projects will be able to build their own sidechains to Binance Chain which will be secure and allow their own application logic to be deployed.

Trustless Price Feeds

Additionally, DApps built by BEP2 projects will be able to source trustless price feeds from the BEPSwap protocol.

Thank You to Cubiex

We are excited to be part of the Binance Chain Alliance and thank Cubiex and their CEO Pierre Cahine for launching the initiative.

Through Cubiex’s promotion of the Alliance, we are confident the Binance Chain Alliance will become one of the most important communities within the Binance ecosystem.