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Raven Protocol Launched on Binance Chain

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Raven Protocol, a decentralised and distributed deep-learning training protocol, has announced that it will be launched on Binance’s native blockchain.

The protocol said via Medium that it chose to operate to Binance Chain due to the blockchain’s ease of use characteristic.

“At Raven Protocol, we want to enable every single developer in the world to easily plug AI/ML into their applications,” said Sherman Lee, co-founder of Raven Protocol.

Lee added that Binance’s pursuit for easy-to-use applications aligns with Raven Protocol’s philosophy.

As part of their partnership, the Hong Kong-based firm will grant RAVEN tokens to developers who will create security and monitoring tools to protect the Binance exchange platform from hackers.

Binance Chain is Binance’s native blockchain that serves as the foundation for the Binance DEX module.

Binance Coin (BNB) serves as the native asset on Binance Chain.