Binary Holdings is a Layer 2 solution built on the OP Stack, designed to integrate Web2 and Web3 applications. It focuses on providing Web3 infrastructure for telecommunications and banking sectors, serving users across Southeast Asia, Africa, South Asia, and Latin America. Binary Network aims to facilitate a smooth transition for traditional industries into the decentralized digital frontier by supporting decentralized applications and enhancing connectivity and interoperability.
Technology:
Binary Network leverages the Optimism technology stack to offer high scalability and reduced transaction costs through optimistic rollups. This infrastructure supports a broad range of functionalities, including decentralized finance services, digital social platforms, and enterprise solutions. The network ensures robust performance and scalability by integrating with multiple virtual machines (VMs) and providing tools for developers to build and deploy smart contracts efficiently.
