Wanchain (WAN) aims to build a ‘super financial market’ by connecting distinct digital assets. Its key features are cross-chain interoperability, privacy, and smart contract functionality. Wanchain connects and facilitates the transfer of value between different blockchains in a distributed fashion. Public or private blockchains can integrate with Wanchain to establish connections between different ledgers and perform inter-ledger asset transfers. The Wanchain ledger supports not only smart contracts, but also token exchange privacy protection. Use cases of the Wanchain include asset transfers, loan origination, and credit payments. Wanchain is part of the Enterprise Ethereum Alliance (EEA) and Blockchain Interoperability Alliance (BIA). The latter comprises ICON, Aion, and Wanchain and has the shared goal of promoting interconnectivity between isolated blockchain networks.
What Is Wanchain?
Wanchain is creating a new financial market of digital assets by implementing cross-chain transfers across different blockchains. With the number of various coins, tokens, and blockchains currently in the ecosystem, there’s not currently an efficient, decentralized way to exchange value between them. As an independent blockchain, Wanchain connects the accounts of independent chains to provide a framework to exchange these assets.
How do I buy cryptocurrency?
While some cryptocurrencies, including bitcoin, are available for purchase with U.S. dollars, others require that you pay with bitcoin or another cryptocurrency.
To buy cryptocurrencies, you’ll need a “wallet,” an online app that can hold your currency. Generally, you create an account on an exchange, and then you can transfer real money to buy cryptocurrencies such as bitcoin or ethereum.
Coinbase is one popular cryptocurrency trading exchange where you can create both a wallet and buy and sell bitcoin and other cryptocurrencies.