Waves
Let’s not go around the bush. We are a coin of mass introduction. Our goal is to make open blockhouses more popular and offer a stable platform for business and society. We believe in the legitimacy of open detachments, they can and will be included in modern economic and social reality, correcting and improving it.
We cooperate with law firms and regulators in order to make Waves block the place where business could appeal for a new level of transparency and efficiency. Many directions have been tried in attempts to use open blockages in various areas of business, but only two options really stand out: the transfer of value on the detachment and crowd-funding / kraudinvesting. Bitcoin itself has become the first truly decentralized way of transferring value, and the ICO schemes that have emerged in the crypto-currency community are now developing very rapidly and are about to conquer the world of venture capital investment.
It is very important to help these emerging opportunities to become popular and in demand . We work with licensed financial companies and regulators to make possible the transfer of fiat money to the blockbuster. This is a new dimension for cross-payments and local transfers, which, with proper regular supervision, is capable of undermining the current banking infrastructure.
The gateways are the entry point from the real world into the Waves blockhouse. There you can release your own lock token just in two clicks and use it as a special application token (CAT, Custom Application Token) as part of the functionality of your application. This can be a gaming application with internal currency, a loyalty program with bonus tokens, any forms of crypto vouchers … You can also launch ICO by selling your CAT to investors and financing the development of your platform through crowdsdale (public financing). This is a new way of raising funds, and CAT, in fact, represents a new class of securities.
The securities laws are quite strict around the world, so you need to be extra careful with its compliance. We are developing a centralized platform for Tokenomica.com, which will operate on the basis of the Waves blockbuster and will provide a 100 per cent legal basis for various types of tokens, including public financing of direct investments. We work with leading law firms on this issue and are pleased with their interest in this new emerging business. Blockboys are becoming popular, and we are getting really encouraging feedback from law firms.
To realize so many business functions on the blockroom, you will need to prepare it for scaling and high throughput. We are also moving in this direction, using an approach that effectively reduces the local state storage by transferring thousands of different tokens over the network without significant overhead. In addition, we are implementing bandwidth scalability approaches that allow us to use the bandwidth of the system more efficiently and theoretically can support tens of thousands of operations per minute.
To make the block system really flexible and multifaceted, you will need the functionality of a smart contract. Modern approaches may be ideal in theory, but in practice they face many challenges in terms of scalability and economic incentives.
This approach can cover almost all modern cases of using smart-cards, which can be used to create smart scripts, Contracts and at the same time ensure the implementation of anonymity, similar to Monero. Anonymization of operations is important not only for black markets, but also for legitimate business existing in a competitive environment.
All these elements combine into a single picture of an integrated environment covering most real-world scenarios in which you can exist without leaving her. Tokens and legality, transfer of fiat money and smart contracts – everything is available here. Our goal is to create and fill an ecosystem that will meet the requirements of real business, will be reliable and legitimate.
