# Binance Smart Chain Product

Built on the Binance Smart Chain, Dachshund is 100x cheaper to exchange and send than Ethereum-based tokens and uses a fraction of the electricity. Dachshund leverages core blockchain innovations to deliver a global currency with permissionless international transactions and frictionless exchange.

Binance Smart Chain is the world’s first practical blockchain, and Dachshund is the first token on BSC with the complete community ownership required to compete on a global scale with existing reserve currencies like the US dollar.


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