• Fri, 15 Nov 2019, 02:09 AM
  • All times are UTC
  • Edition:
Copy link
Increase text size
Decrease text size
Link copied

Waves founder launches Waves Enterprise to develop corporate blockchain solutions


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.
  • Bitcoin (BTC) $8,648.97 (-1.73%)
  • Ethereum (ETH) $185.51 (-1.32%)
  • XRP (XRP) $0.267500 (-1.96%)
  • Bitcoin Cash (BCH) $276.02 (-3.27%)
  • Litecoin (LTC) $59.50 (-2.48%)
  • Bitcoin (BTC) $8,648.97 (-1.73%)
Nov 14, 2019 (Thursday)
Amun AG launches Tezos ETP on Swiss SIX Exchange; makes available 7 crypto ETPs on Boerse Stuttgart
Crypto Technicals: Major Cryptocurrency Support Resistance Levels
Crypto Technicals: Major Cryptocurrency Daily Technical Outlook
Samsung SDS integrates QEDIT’s private asset transfer solution with Nexledger blockchain
Crypto Technicals: BTG/USD slips lower to test 4H 200 SMA, break below to see more downside
ASX-listed firm DigitalX launched new bitcoin fund
Telegram denies all SEC allegations concerning its gram token and sale
Crypto Technicals: XMR/USD pauses shy of 110-EMA (67.251), break above to fuel more gains
AFME calls for a common approach for regulation of crypto-assets in Europe
Crypto Technicals: XRP/USD edges higher from fresh 3-week lows at 0.2565, bias strongly bearish
Chinese bitcoin mining giant Canaan seeks to raise $100M in US IPO
Crypto Technicals: LTC/USD breaks below 21-EMA, eyes 50-DMA at 57.28
Crypto data provider Messari raises $4M from Uncork Capital, Coinbase Ventures and others
Crypto wallet startup Bitski secures $1.8M from Winklevoss Capital, Coinbase and others
Crypto Technicals: BTC/USD confined to narrow range trade, 5-DMA caps upside at 8814
Nov 13, 2019 (Wednesday)
CME sets January 13 as target date for bitcoin options launch
Crypto Technicals: Major Cryptocurrency Support Resistance Levels
Crypto Technicals: Major Cryptocurrency Daily Technical Outlook
HSBC, SGX, Temasek explore DLT for end-to-end digitalization of fixed income securities
Crypto Technicals: LTC/USD trade rangebound, holds support at 21-EMA (60.12)
Subscribe to the TokenPost newsletter!
Don't show me this again today.
Back to top
Copyright ⓒ TokenPost. All Rights Reserved.