Wanchain seeks to link the present to the future, through the exploration and implementation of blockchain technology.
Just as traditional banks are the infrastructure of the current financial framework, Wanchain seeks to build a new, distributed infrastructure of digital assets to form an improved, modern framework – an ambitious goal indeed. Wanchain connects and exchanges value between different blockchain ledgers in a distributed manner. It uses the latest cryptographic theories to build a non-proprietary cross-chain protocol and a distributed ledger that records both cross-chain and intra-chain transactions. Any blockchain network, whether a public, private or consortium chain, can integrate with Wanchain to establish connections between different ledgers and perform low cost inter-ledger asset transfers. The Wanchain ledger supports not only smart contracts, but also token exchange privacy protection. This has led to an increase in WAN Price.
Wanchain’s vision is to create the ultimate decentralized banking solution. They envision an open finance cross-chain world with all chains connected, all industries integrated and where Wanchain offers a one-stop shop for all financial services. They aim to achieve this goal by building infrastructure to establish cross-chain integration with all major public and private blockchains.
Open Finance is Currently Broken
Blockchain technology is rapidly changing the world as we know it, but public and private blockchain networks are still operating in isolation. Open Finance must be connected. Open finance is enabling financial freedom, empowerment, and connectedness that we’ve never experienced in history. Wanchain seeks to accelerate this change through global connectivity.
WAN Token being the native token of Wanchain offers various utilities alongside basic value storage and transfer.
- Proof of Stake Block Rewards
- Cross-Chain Bridge Node Staking Rewards
- Transaction Fee
Let us review WAN Price.
WAN Price Prediction
WAN is currently trading close to the resistance zone at $0.994. If this resistance breaks and flips to support, we could soon start seeing a move towards $1.12, $1.33, $1.67, $2.23, $2.78 and $3.13. Failure to break the resistance at $0.9946 could lead to a drop towards $0.775 and $0.658.
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