WAN (Wanchain) to be the financial “bank” of the future and unite the world’s digital assets.

Spazzer
3 min readFeb 17, 2018

Disclaimer: This is not investment advice.

Update: Wanchain has been listed on Binance and listed on coinmarketcap.com and is currently trading.

Wanchain (WAN)is a distributed financial platform that enables private, cross-blockchain smart contract execution that aims to unite the world’s isolated digital assets. The big take away from the WAN that digital assets are entering the financial ecosystem at an unprecedented rate. The adoption of digital assets is increasing and Wanchain wants to be sort of a ‘digital bridge’ to transfer value, in the form of digital currencies and/or assets, between different blockchains.

  • WAN is currently token swapping from ERC20 tokens to WANs. Source
  • WAN will provide Cross-Chain Asset Transfer which will possible across major blockchains, such as Bitcoin Blockchain and Ethereum Protocol, as well as across consortium blockchains developed based on Wanchain protocol. It will allow private or public independent services to integrate with Wanchain to establish connections at low cost asset transfers. The protocol also ensures stability and security of all cross-chain transfers.
  • WAN will is focused on Transaction Privacy Protection which will provide the option to execute private transactions based on one-time addresses and ring signatures. The most important being allowing digital asset holders to remain anonymous on its protocol. Source
  • WAN protocol allows credit and lending for businesses and verified individuals for different digital currencies. Consortium blockchains to be integrated into Wanchain protocol, allowing the verification, insurance and trading of new digital assets. Source
  • Focus on allowing community developers more access to develop more complicated applications based on smart contract and protocols. Just having intra-chain and cross-chain connections provide more options for development.
  • Jack Lu is the Founder of Wanchain. Jack Lu launched Factom in 2014 and some years later the ICO of Factom successfully raised over $9 million. Factom is now one of the top 30 cryptocurrency markets in the world, valued at over $200 million. Source
  • Note this is not very accurate but think of Wanchain as Ethereum + Ripple + Monero + Chainlink all in one.
  • WAN a diverse team with bright minds in blockchain technology and cryptography. 23 team members and 11 advisors ranging across all domains of their business. Source
  • Wanchain formed a Blockchain Interoperability Alliance with ICON and Aion. Source
  • WAN is not even listed on coinmarketcap.com yet, but the cap at ICO 10,000,000 WAN (ICO is 51% of total token supply) was about $36 million which puts it at a price of $0.34.

Wanchain is taking the best of the industry, seems to be learning from previous project failures and creating a clean and very interesting project. This is worth putting on your radar for the rest of 2018.

Official Website: https://wanchain.org/
Official Twitter: https://twitter.com/wanchain_org
Subreddit: https://www.reddit.com/r/wanchain/
Whitepaper: https://wanchain.org/Wanchain-Whitepaper-EN-version.pdf
Yellowpaper: https://wanchain.org/Wanchain-Yellowpaper-EN-version.pdf
Commercial Paper: https://wanchain.org/Wanchain-Commercial.pdf
Wallet: https://github.com/wanchain/go-wanchain/wiki/Getting-Started-with-Wanchain-Wallet

Looking for cryptocurrency affiliate and referral programs? cryptotrust.ca

--

--

Spazzer

Fraser 'Spazzer' House: Founder @mappingnetworks | Esports Advisor, Entrepreneur and Crypto Enthusiast. We ♥ #esports. Past COO @GAMURScom | @AbiosGaming