The ongoing global COVID-19 pandemic has upended businesses around the world, forcing companies to retool their organizations to weather one of the worst disruptions to the global economy in decades. In the face of unpredictability, both decentralization in the workplace and system architectures have taken center stage as methods to combat ever-changing circumstances. While each company faces its own set of challenges, decentralized organizations are inherently better equipped to take on today’s inclement business environment.
Binance’s system architecture is a good case study when it comes to decentralization. Over the past two years, our core development team has devised a decentralized solution to Binance’s software platform, shifting from a more monolithic sub-architecture to a microservices-based solution.