Representatives of the world's largest cryptocurrency exchange Binance announced the launch in the coming months of their own blockchain Binance Chain, which will allow "millions of projects" to create new cryptocurrencies and conduct ICO.
The head of Binance Changpeng Zhao at the Forbes event for “130 richest and most influential people in Asia” in Singapore said that these plans correspond to the long-established vision of the development of the cryptoindustry and should contribute to the active distribution of cryptocurrencies in the world.
According to him, Binance intends to work seriously in this direction, since the initial intention to increase the use of cryptocurrencies for making payments for some reason has not been realized.
#Binance is pushing the blockchain for the industry. It will be possible to make a lot of effort. @cz_binance @ForbesAsia #ForbesBlockchain pic.twitter.com/0pc0r1lXd2
– Binance (@binance) December 4, 2018
Recall, in November, speaking with the position on the state of the cryptographic market, Changpeng Zhao stressed that despite the decline in trading volumes and prices for cryptoactives, in general, “everything is fine with business” and he is still healthy.
Against the background of the news data, the Binance Coin rate rose by 15% :