Type 2 Decentralized Applications (dApps) are built on top of decentralized platforms or protocols, often leveraging the capabilities of smart contracts. Unlike Type 1 dApps, which operate as standalone applications, Type 2 dApps rely on existing blockchain technologies to function.These applications provide specific functionalities, such as decentralized finance (DeFi) platforms and non-fungible tokens (NFTs). Users interact with these dApps through a graphical interface that connects to a blockchain backend. This structure allows for the automation of processes, ensuring transparency and security.A key characteristic of Type 2 dApps is their emphasis on user autonomy. By utilizing a decentralized framework, they eliminate the need for central control, enabling users to participate directly in activities like trading, lending, or gaming. This encourages community involvement and fosters innovation.Overall, Type 2 dApps help bridge the gap between traditional applications and the benefits of decentralized technologies, creating new opportunities for users and developers alike.

Ondo Global Markets Expands Tokenized Stock Platform to BNB Chain
Ondo Global Markets, a tokenized stock and exchange-traded fund (ETF) platform, has expanded its operations to BNB Chain, one of

