BNB Chain Dapps

Definition ∞ BNB Chain Dapps are decentralized applications that operate on the BNB Chain, a blockchain platform developed by Binance. These applications leverage the chain’s infrastructure for various functions, including decentralized finance, gaming, and non-fungible token markets. BNB Chain Dapps benefit from lower transaction fees and faster processing speeds compared to some other blockchain networks. They utilize the BNB token for gas fees and governance participation.
Context ∞ The landscape of BNB Chain Dapps is marked by continuous expansion and competition within the broader decentralized application ecosystem. A key focus involves improving scalability and security to support a growing user base and transaction volume. Future developments will likely concentrate on fostering innovation across diverse application categories and attracting more developers to build on the platform.