Binance Smart Chain Development Services - Blockchain Development Company (2024)

We make decentralized applications (dApps) and smart contracts that let you take advantage of scalable transactions and build better ecosystems.

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Building a Powerful Ecosystem with Binance Smart Chain Development Services

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Binance Smart Chain (BSC) runs parallel to the Binance Chain. However, contrary to the latter, Binance Smart Chain is compatible with smart contracts and even the Ethereum Virtual Machine (EVM). Thus, providing a robust framework for DeFi systems.

Binance Smart Chain has seen exponential growth and adoption in the past few years. One of the main reasons behind this is the ultra-fast trading experience provided by the platform. So, if you are looking for a Binance Smart Chain development company, Prolitus will help you navigate your product journey.

Our expert team has extensive knowledge in providing Binance Smart Chain development services. Be it a smart chain wallet, a token, or a DeFi app, we deliver products that align with your business needs.

Besides, the dual-chain architecture of BSC lets us develop decentralized apps and assets on the platform while ensuring smooth trading and exchange of assets.

Sounds exciting? Connect with our subject matter experts today to know more!

Binance Smart Chain offers the fastest blockchain transaction times and the lowest fee structures. This makes it one of the ideal options for building decentralized applications. So, what are you waiting for? Connect with our experts today to make the best apps and settle multiple transactions in seconds!

Features of Binance Smart Chain

Binance Smart Chain offers the following features, making it the most appropriate option for dApp development.

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Proof of Staked Authority

BSC functions on a different algorithm known as the Proof of Staked Authority (PoSA) algorithm. In this mechanism, validators stake some BNB (Binance Coin) to secure the network.

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Facilitates Cross-Chain Compatibility

With dual-chain architecture, Binance Smart Chain lets you transfer assets from one blockchain to another. Besides, you can trade 4x faster on the Binance chain and even develop dApps on Binance Smart Chain.

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Improved EVM Compatibility

Binance Smart Chain provides the best compliance with EVM. So, you get access to a rich ecosystem of Ethereum tools and dApps. Besides, smart contracts that run on EVM can be ported to the Binance Smart Chain.

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Develop BEP-20 Tokens

BEP-20 token standards let you define token utilities and see how they can be spent and who the validators are. A BEP20 token can denote anything from shares to dollars and many other things.

Types of Applications Built on Binance Smart Chain

Binance Smart Chain is one of the most user-friendly platforms for building a decentralized finance ecosystem. With the growth in adoption, the ecosystem is slated to grow horizontally and add some innovative applications to the network.

Interoperability, low transaction fees, and lighting- fast transaction settlements have enabled Binance Smart Chain to become a market leader in dApp platforms. Here are some platforms that have been developed on the same:

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DeFi- based field farming software

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DeFi MLM software

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DeFi Wallet

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DeFi Exchange Software

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DeFi Staking Software

How Do We Work At Prolitus?

The right blend of tech expertise and flexibility is needed to offer the right Binance Smart Chain development services. Here is a sneak peek at our process.

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Setting The Right Context

We work closely with our clients to understand their needs in and out and only incorporate blockchain for their business. Moreover, we closely check the benefits and challenges and innovate extensively around the use case.

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Get Market Ready

Patient updates are available in real-time on the blockchain, and since no one can change it, that will be the single version of the truth. The records stay in the chain forever and let participants collaborate and exchange data for multiple purposes.

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Increased Stakeholder Engagement

Our extensive domain knowledge and expertise let us design and develop the most unique Binance Smart Chain products. In addition, we make it a point to engage stakeholders and build solutions fit for deployment.

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Post Delivery Services

We implement Binance Smart Chain solutions and take care of the updates, upgrades, and changes. In addition, Prolitus provides excellent post-delivery support and ensures you get good ROIs.

Why Is Prolitus the Best Binance Smart Chain Development Company?

With an extensive list of services from the best team of blockchain developers, advisors, and marketers, there is no better time to work with us. So take that plunge and make Prolitus your partner in crime to get access to the best dApps and tools that guarantee unparalleled growth.

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ROI- Driven Outcomes

We make sure you get 2x of your investments and create products that strike the right chord with your audience.

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Fast-paced Development

We develop comprehensive roadmaps and follow a flexible approach to ensure seamless and accelerated product development.

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Robust Customer Support

A new journey starts after launching the product. You need to focus on core business issues and let us take care of product growth.

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Expert Team

Our team of experts helps you fine-tune your approach, use the best tech solutions, and even set up a loyal community.

We deliver solutions that expedite transactions, promote scalability, and guarantee 100% customer satisfaction.

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FAQ

Frequently Asked Questions

Are there any benefits to investing in Binance Smart Chain development services?

A Binance Smart Chain development company can help you develop the best applications and make way for faster transactions, better DeFi interoperability, greater transparency, and high performance.

What can you build on the Binance Smart Chain?

Binance Smart Chain lets you build tokens, smart contracts, and other decentralized applications.

What’s the cost of building an application on the Binance Smart Chain?

The cost depends on the features you wish to add to your application. You can decide and then get a quote from your chosen Binance Smart Chain development company.

Why should I choose Prolitus for Binance Smart Chain development services?

Prolitus helps you leverage deep domain knowledge, consult with the best experts, and develop forward-thinking solutions that lead to high ROIs and tangible outcomes for your business.

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FAQs

What is Binance Smart Chain blockchain? ›

Launched by the cryptocurrency exchange Binance, BNB Smart Chain (BSC), previously Binance Smart Chain, is a blockchain network. It supports smart contracts and decentralized applications (DApps). BSC runs alongside the BNB Chain, previously Binance Chain.

Where is Binance Smart Chain headquarters? ›

Binance was initially based in China, then moved to Japan shortly before the Chinese government restricted cryptocurrency companies. Binance subsequently left Japan for Malta and currently has no official company headquarters. Binance Holdings Ltd.

What is the new name of Binance Smart Chain? ›

Binance Rebrands Binance Smart Chain, Now Called BNB Chain.

What is the Binance blockchain? ›

BNB Chain is a blockchain created by Binance (BNB -2.17%), the world's largest cryptocurrency exchange by trading volume. The blockchain is fueled by BNB, formerly known as Binance coin. It's a decentralized, open-source ecosystem that helps users create, store, and exchange data.

Is Binance Smart Chain safe? ›

While all crypto platforms face potential security threats, Binance has consistently received high cybersecurity ratings. A 2019 report by Xiamen SlowMist Technology commended Binance's security measures, including server security, wallet integrity, and private key security.

What's the difference between Binance and Binance Smart Chain? ›

Binance Chain and Binance Smart Chain are two distinct but interconnected blockchains offered by Binance. Binance Chain provides a decentralized marketplace for exchanging crypto assets, while Binance Smart Chain enhances functionality by enabling smart contracts.

Who is the owner of Binance? ›

SEATTLE—Billionaire Changpeng Zhao, founder of Binance, the world's biggest crypto exchange, was sentenced Tuesday to four months in prison, a lighter punishment than requested by prosecutors who hoped to send a message about crime in the industry. “You had a responsibility to comply with United States regulations.

How do you make $100 a day on Binance? ›

This strategy applies only to spot trading. If you put in $1000 on Binance and track a 10% rise on one pair, you will have made $100. Repeat this every day and you will be making $100 a day, every single day.

Is Binance Smart Chain a network? ›

Binance Smart Chain (BSC) is a blockchain network launched by Binance in September 2020. It is designed to be a high-performance blockchain that is compatible with the Ethereum Virtual Machine (EVM) and supports smart contracts.

What happened to Binance Smart Chain? ›

In February 2022, Binance Smart Chain was rebranded as BNB Smart Chain.

What is the difference between Ethereum and Binance Smart Chain? ›

High Performance and Low Fees: BSC offers faster transaction times and significantly lower fees than Ethereum. EVM Compatibility: It supports Ethereum tools and dApps, making it easier for developers to migrate or duplicate their projects on BSC.

What coins are built on Binance Smart Chain? ›

  • Ethereum.
  • Bitcoin.
  • XRP.
  • Cardano.
  • Polkadot.
  • Moonbeam.
  • Solana.
  • Terra Classic.

Is Binance a blockchain company? ›

Today, Binance is the world's leading blockchain ecosystem, with a product suite that includes the largest digital asset exchange.

Does Binance have its own blockchain? ›

Binance has its own blockchain-based token, BNB. Binance has a global presence but is limited in some countries like the U.S. and U.K. due to regulations.

Does Binance work in the USA? ›

Yes - however, you won't be able to use the main Binance exchange. Instead, US-based individuals are able to use a country-specific version of Binance, called Binance.US.

Which blockchain is better Ethereum or Binance Smart Chain? ›

Binance Smart Chain (BSC) is a hard fork of the Go Ethereum (Geth) protocol, which has a lot in common with the Ethereum blockchain. However, the developers of the BSC made significant changes in some key areas. The biggest change is the BSC consensus mechanism, which allows for cheaper and faster transactions.

What is the difference between BNB smart chain and Ethereum? ›

Centralization. Another difference — the Ethereum blockchain has more participants running the chain than does BNB Smart Chaim; however, BSC is a community-driven, decentralized blockchain powered by the BNB token. Under a proof-of-stake authority (PoSA) mechanism, BSC has 21 network validators that run its blockchain.

What is Binance Smart Chain coded in? ›

Binance Smart Contract Development involves writing smart contract code using the Solidity programming language, the most popular language used to create smart contracts on the Ethereum and BSC networks. The code is then compiled and deployed to the BSC using specialized tools and services.

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