Wanchain (WAN)

$ 0.176300000000000000

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Description

What is Wanchain Crypto Currency? Wanchain (WAN) is an open source, global blockchain-based financial infrastructure platform specifically created to facilitate the financial exchanges between different blockchain networks. Wanchain facilitates cross-chain transactions through smart contracts and also enables personal or business users to build decentralized digital assets or digital wallets that securely store and transfer fiat or cryptocurrencies. It was founded in 2017 by CEO Jack Lu and has its headquarters in Shanghai, China. Who Founded it? Wanchain was founded by Jack Lu, a technology professional and entrepreneur. After the successful launch of Factom in 2014, Lu decided to expand blockchain technology to include finance-related infrastructure. He founded Wanchain and the Wanchain foundation in 2017, hoping to create a more comprehensive blockchain financial system. What Makes it Unique? Wanchain is unique because it offers a way for different blockchain networks to transfer and exchange data and value with one another. This means that users of different blockchain networks have access to more financial instruments, opportunities and applications. The Wanchain network also features a number of advanced features such as privacy protection, digital asset isolation, distributed identity systems, KYC/AML compliance, and more. Additionally, Wanchain is unique among other blockchain platforms because it integrates the major cryptocurrencies, like Bitcoin and Ethereum, as well as other digital assets, into its platform. Where is it Used? Wanchain is used for an increasing number of applications and is rapidly gaining traction in the world of finance and cryptocurrency. The main use cases for Wanchain are financial services, digital asset security, identity solutions, and other blockchain applications. The application of Wanchain in financial services has already been seen in many countries. For example, in Japan, the Wanchain platform has been used to create a peer-to-peer insurance exchange where customers can purchase insurance policies online. Where to Buy/Sell it? Wanchain can be purchased and sold on major cryptocurrency exchanges like Binance, OKEx, Bitfinex and more. In order to buy or sell Wanchain, users must first have a supported digital wallet, fund it with cryptocurrency, and then exchange it on a supported exchange. Overall, Wanchain is a powerful and unique blockchain platform that is rapidly gaining traction in the world of finance and cryptocurrency. With its ability to connect different blockchain networks and facilitate cross-chain transactions, Wanchain is quickly making the idea of a global financial infrastructure a reality.