Review on Waves Enterprise by Pedro O. Alvino M.
Blockchain project focused on the business framework.
Developed in order to provide institutions and companies with an environment where it can manage and systematize all functions based on IT infrastructures, in which it allows companies to manage their data privately and at the same time connect with other companies. by means of public networks, this thanks to the fact that the project has a hybrid design of public and private networks.
The development of the project allows companies to safely systematize their functions through the project services, in addition to the dynamic structure of the network, performance and security are reliable, this thanks to the integration of algorithms of consensus and high-level protocols that do not require high computational resources to execute such processes in the chain.
Currently, the business market is in constant technological development, so many institutions are introducing themselves in blockchain technology, so that in the market there is a great variety of projects for business use, which Waves Enterprise will not have a great demand. in the services it provides. In a certain way, this type of project is long-term and this may have a certain impact on the market since it has a good commercial development of the project's currency, in addition to having a good user base.
Pros
- It is adapted for the modern business market.
- Composed of a hybrid design of public and private networks.
- Allows users to execute complex business logic written in any programming language.
- Your sidechain implementation encompasses specific business tasks and local encryption standards.
- Uses the Leased Proof-of-Stake (LPoS) consensus algorithm where generating blocks does not require energy-intensive calculations.
- The implementation and maintenance of a chain in the project by some companies does not require high costs and computational resources.
Cons
- Project services necessarily depend on modern business development on a global level.
- It is not the only project focused on the business framework through blockchain technology.
