Binance Smart Chain (BSC) is a parallel blockchain to Binance Chain that supports smart contracts and provides a permissionless platform for decentralised applications (DApps). While Binance Chain provides high-throughput targeting active crypto trades, it falls short in terms of programmability. Binance Smart Chain was created to change that. Binance launched Smart Chain to provide a high-speed, low-cost alternative to Ethereum's high transaction fees in the burgeoning decentralised finance (DeFi) market. Binance Smart Chain, which will be launched in September 2020, has a five-second block time, cross-chain asset transfers, EVM compatibility, and a Proof of Staked Authority consensus protocol to ensure scalability.Dunitech Soft Solutions Pvt Ltd, a leading Binance Smart Chain company in India. Lucknow, offers Binance Smart Chain network. Contact:+91-8858915711.contact@dunitech.com.