Waves leverages blockchain technology to enable users to transfer tokens of value over the blockchain which are created by trusted gateways such as banks and financial organisations.
WAVES is a new digital money platform that is created to address the
real-world needs of ordinary businesses and end users. WAVES works
with the existing financial system, rather than outside it. It is
designed to enable transfers of existing currencies (USD, CNY, EUR, as
well as bitcoin) on the blockchain, using tokens created by trusted
gateways – exchanges and financial organisations – rather than
exclusively using its own token as a means of value transfer (like
bitcoin). This means it combines the stability and adoption of USD
with the speed and convenience of the blockchain. WAVES is initially
aiming to impact the crowdfunding scene, as well as the remissions
market. Crowdfunding has become a popular way of securing money for a
new enterprise, and WAVES will not only enable anyone to be involved
regardless of location but for investors to sell their stakes on to
third parties on a peer-to-peer basis.
PRODUCTS & SERVICES:
The products offering of the company include - 1. Waves Wallet - It supports a range of fiat and cryptocurrencies, including USD, EURO, TRY, BTC, ETH, LTC, ZEC, BCH, BSV, DASH and XMR, all of which can be deposited, stored, traded and withdrawn. 2. Waves DEX - It allows users to buy and sell tokens quickly and securely with all advantages of a centralised exchange. 3. Waves Keeper - It is a browser extension that allows users to manage their private keys and interact securely and seamlessly with Waves-enabled web services and dApps. 4. Waves RIDE - It is a functional purpose-designed smart contract language inspired by Scala for dApp development, designed for applying scripts to assets and accounts on the Waves blockchain, as well as creating sophisticated programmable logic for the decentralised environment. 5. Waves Blockchain - It has the potential to dramatically raise efficiency in a range of business tasks, from supply chain management and securely sharing data to tokenization of real-world assets.