Review on Wanchain by Toprak Dere
About Wanchain
Wanchain's goal is to build a distributed bank. But this bank model is a little different from the traditional banking we know. The banking mentioned here is banking based on the digital economy.
Wanchain is looking for solutions to the problems listed below
* Ordinary investors can only buy low-cost, financial products from financial institutions and banks
* Ordinary investors cannot invest in an idea or product at the startup stage, at birth. The ordinary investor can invest after the idea is developed and listed on major stock exchanges and after getting the base price
* SMEs always have difficulty in obtaining loans from banks.
With this feature, Wanchain can be connected to mainstream public blockchains such as Bitcoin and Ethereum, as well as private blockchain systems. In this way, it will be possible to transfer various assets from original chains to Wanchain, from Wanchain to original chains and on Wanchain.
Wanchain will become the internationally valid passport of the digital world.
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Pros
- WAN brings together cryptocurrencies around the world.
- Wanchain (WAN) can be defined as a crypto currency that aims to rebuild the financial field and brings together digital assets in the world. Creating a new distributed financial infrastructure, Wanchain aims to strengthen the digital economy.
Cons
- the project should be developed and promoted more
