Binance Exchange Lists Bluzelle (BLZ)

BLZ/BNB, BLZ/BTC and BLZ/ETH trading pairs are now available on Binance for trading.

Bluzelle brings together the sharing economy and token economy. Bluzelle enables people to rent out their computer storage space to earn a token while dApp developers pay with a token to have their data stored and managed in the most efficient way. Something like SIA? Probably not.

In short Bluzelle is Decentralized Internet Blockchain Data Storage Service. The Singapore-based company just raised $1.5 million in Series A financing. Many have compared the startup, founded in 2014, to Storj, another decentralized blockchain storage provider.

Bluzelle is creating a middleware storage solution for the blockchain. The blockchain, obviously, is just a protocol – just like the internet is a communication protocol. We need middleware applications to take full advantage of this protocol. That’s where Bluzelle sees its opportunity.