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ODIN Protocol Finally Launches on Binance Smart Chain
April 24, 2021 14:32 ET | Source: GeoDB GeoDB SPAIN
GeoDB, is now live on the
Binance Smart Chain(BSC). The primary objective that ODIN hopes to achieve is to create an interactive ecosystem by playing the role of a data oracle network. On top of that, the protocol’s architecture seeks to serve users through a decentralized trading and data-sharing network.
Leveraging the BSC network will bring several advantages to ODIN’s functionalities. Today, Ethereum’s network faces a major influx that has led to an increase in gas fees. As a result, developers opt to utilize BSC’s technology whereby users can enjoy cheaper transaction processes that can cost as low as 1 cent.