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Gabriel Medina photo
Venezuela, Guatire
1 Level
364 Review
1267.25 Karma

Review on Wanchain by Gabriel Medina

Revainrating 5 out of 5

An essential project to decentralize the financial world

Wanchain comes from a disruptive proposal to the current financial system. It is the ideal bridge for the connection and exchange of value between different blockchains for their smart contracts with privacy protection. It has appeared with the aim of rebuilding the financial world.
It is a platform aimed at digital financial media using smart contracts to empower the digital economy. His concept is totally revolutionary and you could say that the financial future would change. Wanchain is extremely complete and complex, therefore it is unique. Its protocol has a module for registering, transmitting data between chains and another for requesting transaction status.
The cross-chain communication protocol enables the transfer of data between Wanchain and other blockchains. The protocol uses smart contracts to allow you to exchange assets between the platform and the other chains. It is composed of the following functional modules:
  • Registration module: Registers the chain where the transaction comes from.
  • Cross-chain transaction data transmission module: Initiates cross-chain transaction request to Wanchain.
  • Transaction status query module: Monitors the status of the transaction.
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    Pros
    • Smart contracts through the chain.
    • It will allow you to create blockchain applications for transaction, investment, payments and more.
    • Decentralization of financial resources through the use of technological advances.
    Cons
    • It has not had the necessary support for the community and promotional marketing.

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