WANCHAIN - The mediator for independent blockchain projects

Good morning friends, in this post I will be unveiling some interesting facts about WANCHAIN foundation. Some of us probably have heard about the WANCHAIN system, while some have not. Nevertheless, this post is going to make it clear to us if we have not heard about WANCHAIN already, and for those that are familiar or involved with the system, this post will add to your knowledge of WANCHAIN.

Let me start by telling you what WANCHAIN is; WANCHAIN is a decentralized financial system that creates relationship between various digital currencies, investors, clients and so on, in other words WANCHAIN enables an easy and comfortable interaction between different digital currencies or blockchain projects, thereby making it possible for a trader to easily convert one digital currency into another for trading purposes.

A lot is happening in the world of blockchain technology, numerous digital currencies keep emerging adding to the already existing ones. Like I mentioned in my previous post, there are over 2000 digital currencies in existence. The competition among these digital assets continues to get intense as the attention of both givers and takers are sought to grow their token-economy. However, this rapid development demands the intervention of an improved decentralized system that can foster interaction among the independent projects currently leveraging on blockchain technology. The idea behind WANCHAIN is to eradicate the dependence of decentralized blockchain oriented projects on the centralized exchanges. Currently the Blockchain model is lacking an interaction between these decentralized and centralized projects. Now this is what WANCHAIN has emerged to resolve, a means through which various projects can interact easily.

WANCHAIN is bridging the islands across the blockchain economy as they integrate the digital financial institutions.

Recently , I converted one of my digital currency into another, after the purpose for which I converted it, I tried converting it back to the initial asset, you won’t believe that I couldn’t, then after long hours of waiting the action was carried out, but then charge deducted from that single transaction was extreme.

Centralized exchanges usually change their policies and they may not even seek for your opinion before doing so and the opposite is the case when we are dealing with decentralized systems. I know many of us might have been faced with such challenge or even worse, I’m talking about the challenge of transferring assets from one blockchain to another using a centralized exchange service which sometimes involves extremely high transaction fees accompanied with a level of risk involved. WANCHAIN system exchanges digital currencies for a low cost and no risk attached using a native currency Wancoin; I will talk about this later on.

WANCHAIN system is a mediator between various projects on independent blockchains; seeking to replace centralized exchanges with a superior architecture while maintaining the decentralized model. WANCHAIN is solving the problem of transferring funds from one blockchain to another by leveraging on an improved decentralized system rather than a centralized system. WANCHAIN is concerned with providing a world class financial service to all clients and users of digital currency on the blockchain system, in a secured manner where details and account balances are protected. WANCHAIN FOUNDATION enables users gain total control of their funds and assets; that is to say WANCHAIN ensures user's financial freedom. The reliability of this financial institution is such that individual can render services like exchanging digital currencies, loaning, digital assets transactions, credit payments and so on, individuals can rely in WANCHAIN for the services.

WANCHAIN was establish by a blockchain team with same vision of eliminating the inconvenience involved when transferring digital assets from one blockchain to the other. >This team was headed by Mr. Jack Lu who got exposed to the blockchain system in the year 2012, since then there have been records of his success in various organizations where he functioned. Talking about success, Mr. Lu was a cofounder of Factom, a famous blockchain initiative. Mr. Lu has left his legacy in all the establishments he has been involved with over the years.

The team behind the creation of WANCHAIN is well endowed with potential individuals, some of which are expert in cryptology and the application of mathematics in solving blockchain related problems. The team is involved with designing and the cryptographic that form the base of WANCHAIN. For those that don't understand the concept of cryptography; this is the process of encoding informations in a manner that only authorized individuals can gain access to it. To those that are not authorized it is not accessible. WANCHAIN advisory unit consist of intellectuals that have strong effect on the blockchain space around the world. WANCHAIN will be accessible by the world, especially regions where the traditional financial institutions are outdated and the seek a more advanced and stable financial institution, together with other advanced financial instruments.

Friends, I don't know about you, but I am tired of having my assets being stuck in a blockchain system resulting from the transfer I made. And even if your funds are successfully converted the charges can be so high most times. Let's raise the bar for a financial institution which conveniently transfers your funds or digital currencies at low cost and of course no risk of getting your fund stuck to the platform. WANCHAIN is a game changer for individuals who are stuck with outdated traditional financial institutions; WANCHAIN gives its users the ability to have full control of their funds while maximizing profit and minimizing cost.

Participation on the WANCHAIN platform allows you to take part in the development of WANCHAIN body or community by acquiring the WANCHAIN token called WANCOIN. Subsequently, I will be talking about WANCOIN and its features coupled with some amazing facts about WANCHAIN. Thanks for stopping by. This is @meemee.