Binance Smart Chain Development
Build scalable decentralized applications on the Binance Smart Chain and leverage the Binance chain to complete frictionless transactions with the minimum transaction fee.
What is Binance Smart Chain?
Binance smart chain is an innovative approach to accommodate decentralization and scalability in the Blockchain ecosystem. Binance smart chain is a dual-chain architecture. It is an independent Blockchain but runs together with the Binance chain. In essence, the Binance smart chain facilitates a decentralized environment that allows the creation of well-defined, secured, and optimized Dapps along with a robust smart contract structure.
While Binance smart chain is also compatible with the Ethereum Virtual Machine which means that applications built on Ethereum Blockchain can be easily migrated to the Binance smart chain and vice versa. Considering the prominence of Ethereum Blockchain, this compatibility is a crucial reason why Binance smart chain can become a de facto standard of building decentralized applications.
Benefits of Binance Smart Chain
EVM Compatible
Binance Smart Chain is built using the Ethereum Virtual Machine which makes it compatible with the Ethereum Blockchain. Any application developed on top of Binance Smart Chain will be able to run on the Ethereum Blockchain too, giving it exposure to a huge user base.
Dual-chain
The Binance Smart Chian works together with the Binance chain. Any decentralized application developed on the Binance smart chain can work in the best possible environment while the transactions needed in that application can be completed in the Binance chain ecosystem, at a considerably lower transaction fee.
Consensus
Contrary to the power-consuming proof of work consensus algorithm, Binance Smart Chain implements the proof of stake consensus which allows the validation of the transactions to be faster and easier.
Binance Chain Governance
Within the Binance Smart Chain ecosystem, there is a governance chain that allows the addition of trading pairs to be done by the BNB holders only. This makes Binance smart chain a truly decentralized ecosystem.
Binance Bridge
The best and most astonishing feature of the Binance Smart Chain is the Binance bridge. With this bridge, any major cryptocurrency can be converted into a wrapped token that can be used on the Binance Smart Chain.
High-performance
Binance Smart Chain has a very short block time and it is interoperable with the Binance Chain for the payments. This makes it one of the high-performing Blockchain platforms.
What We Offer
While DeFi seems to be an easy concept to understand, it is extremely difficult to implement. On the surface, DeFi is nothing but the removal of central authority in the financial ecosystem but underneath, the implementation of such a system requires extensive expertise and skill. This is where the DeFi services by Quillhash, come into the picture.
Automated Market Maker
An Automated Market Maker is one of the popular and most profitable projects in the DeFi world. With an AMM, users can borrow and lend BEP-20 tokens with algorithmically set interest rates. Even if you want to develop an AMM with your own unique token, the team at Quillhash can help you reach your goal in the best possible way.
Smart Contract Development
Our smart contract developers possess extensive expertise in developing robust and well-structured programs to bring your unique use-case on top of the Binance Smart Chain. Whether it is a DeFi protocol or any financial service or even standard applications, we can develop optimized and well-audited smart contracts.
BEP-20 tokens
Get yourself a new token on the Binance Smart Chain which is compatible with the Ethereum Blockchain. Being an expert in Ethereum token development, our smart contract developers can develop the most well-defined BEP-20 token just like an ERC20 token, to leverage the better performing and less congested network of Binance Smart Chain.
Wrapped tokens
Bring the native token of any other Blockchain to the Binance Smart Chain ecosystem through our Blockchain development services. Our experience with the Binance bridge allows us to create a wrapped token of a major Blockchain such as Ethereum or TRON. This token can be used in the Binance ecosystem and can be backed by on-chain reserves.
Frequently Asked Questions
Our Awards And Recognitions
Our Global Offices:
India
LG 006 , DLF Grand Mall, DLF phase 1 , Sector 28 Gurugram, Haryana 122002, India
Singapore
111 North Bridge Rd, #21-01 Peninsula Plaza, Singapore
179098
United Kingdom
57, Creighton Road, South Ealing, W5 4SH
Canada
7236 Sills Rd,
Mississauga,
Ontario - L4T 2K
Our Global Offices
India
LG 006 , DLF Grand Mall, DLF phase 1 , Sector 28 Gurugram, Haryana 122002, India
Singapore
111 North Bridge Rd,
#21-01 Peninsula
Plaza,
Singapore 179098
United Kingdom
57, Creighton Road,
South Ealing London,
W5
4SH
Canada
7236 Sills Rd,
Mississauga,
Ontario - L4T 2K
