Copy link
Increase text size
Decrease text size
Link copied

Waves founder launches Waves Enterprise to develop corporate blockchain solutions

Blockchain.ColdFusion/YouTube

Fri, 19 Jul 2019, 06:36 am UTC

Following the recent sale of the Vostok project, Waves founder Alexander Ivanov announced that he will be launching a new company department called Waves Enterprise.

In a press release, Ivanov explained what this new venture is all about. Waves Enterprise will focus on developing universal blockchain solutions within the Web3 paradigm. Particularly targeted at corporates, it will offer solutions for business process management, with limited access to confidential information.

Importantly, VST tokens will become the "system tokens" for Waves Enterprise, the release said.

"VST will lay the foundation of the Web3.0 economy, enabling control of (and payment for) app development, as well as other ecosystem solutions. VST is the network's internal currency, needed for connecting your node to the network, paying operational (mining) fees, and anchoring the corporate sub-chains to the main chain," Ivanov explained.

"Private and public blockchain solutions will merge into one global and universal technology in the future, and this will give us synergetic effect in our plans for Waves' intervention on the global market."

As reported by Forklog, Ivanov believes that Waves Enterprise will become a "universal solution" and allow users to run any algorithm – from smart contracts to neural networks – written in any popular programming language using Docker, an automatic system of app installation and management.

“The synergy between open and closed blockchain solutions promoted by Waves should lead to the emergence of a universal technological solution for both closed and open networks," he said (via online translation).

For now, Waves Enterprise will not be accepting investments. Ivanov notes that he first wants to launch the project successfully before even considering such things.

<Copyright © TokenPost. All Rights Reserved. >

To leave a comment, please sign in.
More
  • Bitcoin (BTC) $8,314.70 (-0.25%)
  • Ethereum (ETH) $159.56 (-0.09%)
  • XRP (XRP) $0.224600 (+0.84%)
  • Bitcoin Cash (BCH) $306.50 (-1.47%)
  • Bitcoin SV (BSV) $256.53 (+0.79%)
  • Bitcoin (BTC) $8,314.70 (-0.25%)
Jan 24, 2020 (Friday)
12:24
Ripple CEO Brad Garlinghouse hints at the possibility of IPO
11:51
Crypto Technicals: Major Cryptocurrency Support Resistance Levels
11:50
Crypto Technicals: Major Cryptocurrency Daily Technical Outlook
11:37
Japan ruling party lawmakers to propose digital yen in February: Report
11:00
Hackers becoming more sophisticated as crypto exchanges bolster security measures: Chainalysis
10:24
Crypto Technicals: XRP/USD slips below 21-EMA, more weakness to follow
10:23
Tether launches new stablecoin backed by physical gold
09:49
Crypto exchange ErisX partners with Etale to offer new trading features
09:23
World Economic Forum launches blockchain-based supply chain traceability platform
08:17
Crypto Technicals: LTC/USD holds above 51 mark, finds strong support at daily cloud
07:36
Liechtenstein's Financial Market Authority approves ethereum-based real estate tokenized fund
06:57
Greece to extradite alleged BTC-e operator Alexander Vinnik to France after supreme court ruling
05:26
Agribusiness blockchain initiative Covantis selects ConsenSys as technology partner
04:44
Crypto exchange Binance invests in blockchain startup Numbers
04:24
Crypto Technicals: ETH/USD holds above 21-EMA and cloud support, further weakness on charts
04:23
Indian IT firm Mphasis to develop blockchain privacy-enhancing tech solutions with QEDIT
04:04
Crypto Technicals: BTC/USD extends weakness, eyes next major support at 110-EMA (8134)
Jan 23, 2020 (Thursday)
13:26
Amun lists inverse bitcoin ETP on SIX Swiss Exchange
12:32
World Economic Forum creates framework to help central banks design and deploy CBDC
11:52
Crypto Technicals: Major Cryptocurrency Support Resistance Levels
Subscribe to the TokenPost newsletter!
Don't show me this again today.
Back to top
Copyright ⓒ TokenPost. All Rights Reserved.
PUBLISHsoft