Be sure, Wanchain WAN news will make its investors happy. According to a statement made today, it was announced that it has joined Hyperledger, an open source framework created to develop blockchain technologies.
Wanchain WAN News and Important Developments
What is Wanchain (WAN) in Brief?
What is Wanchain (WAN)? Wanchain’s goal is to build a distributed bank. But this bank model is a little different from the traditional banking we know.. The banking mentioned here is banking based on the digital economy.. Wanchain is looking for solutions to the problems listed below.
Ordinary investors can only buy low-cost, financial products from financial institutions and banks
Ordinary investors cannot invest in an idea or product at the startup stage, that is, at the time of birth. The ordinary investor can invest after that idea is developed and listed on major stock exchanges and received the base price.. SMEs always find it difficult to get loans from banks. Announcing its focus on these issues, WAN is actually an Ethereum fork.. In addition to Ethereum, the feature that it has managed to incorporate into its structure is the possibility of “Inter-Chain Asset Transfer”.. Thanks to this feature, Wanchain can be connected to mainstream public blockchains such as Bitcoin and Ethereum, as well as private blockchain systems.. In this way, it will be possible to transfer various assets from original chains to Wanchain, from Wanchain to original chains and on Wanchain.
Wanchain (WAN) Developments
Wanchain (WAN) news and important developments let’s see together. Wanchain (WAN) announced that it has joined Hyperledger, an open source framework created to develop blockchain technologies, under the auspices of the Linux Foundation.. Why is this news important? FedEx, Honeywell International Inc.. and Constellation Labs had joined. Previously, companies such as IBM, Baidu, Accenture, Intel, Oracle and Deloitte had joined forces under this roof.. The existence of these brands is important in showing how important a building block Hyperledger is, WAN goes to the next level. Hyperledger is a structure that focuses on finance, banking, IoT technology (Internet of Things), supply chain, manufacturing and technology.
Why is Wanchain Important for Hyperledgar?
Wanchain will focus on developing cross-chain capabilities of the Hyperledgar community ecosystem. Wanchain’s team will collaborate closely with the Hyperledger Quilt and Hyperledger Indy communities on interoperability and the development of their solutions.
Interview with WAN CEO
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• What are the main problems Wanchain is currently solving? What’s next for Wanchain and can we expect more partnerships and announcements by the end of this year? To his question ;
Currently, Wanchain is solving one of the biggest problems facing the blockchain and cryptocurrency industry.. The issue of lack of interoperability between blockchain networks. 4. Quarter will launch a product that can work with Bitcoin with Wanchain 3.0. With this launch, it will strengthen WAN as a leader in its category.. This new product allows to build a bridge between projects built on Bitcoin and Ethereum.
You can read the full interview with Wanchain (WAN) CEO at this link
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