What is the Waves Platform – Waves Cryptocurrency

The Waves platform is described as an Open Blockchain platform, one that takes the functionalities of Bitcoin and extends them further beyond the simple application of value transfer.

 

Waves is a platform where Bitcoin, cryptos, fiat currencies, and all types of real-world commodities and assets can be issued, transferred and exchanged in a fully decentralized manner. The Waves platform also provides a crowdfunding solution through its lite client wallet.

 

The Video below explains a bit more about the Waves Platform

 

 

Waves, employs the best of two worlds to bring a fully functional exchange that is as fast as a centralized one but does not suffer from the same security issues as centralized exchanges.

 

 

The fiat-crypto problem is also solved through Waves’ fiat gateways

Waves’ fiat gateways are run by compliant gateway operators which are organizations (like payment providers) thanks to which users can easily convert their fiat currencies into tokens on the Waves blockchain.

These fiat tokens (wUSD, wEUR, etc) can then be transferred to the blockchain itself much faster than any traditional banking transfer and for a much lower fee. Users are then able to withdraw their tokens for fiat once they are received. Other cryptocurrencies can also be tokenized on the Waves blockchain, which is the case of wBTC, a corresponding asset on the Waves blockchain that is backed 1:1 by real Bitcoin.

 

 

Who is the team behind Waves?

 

#1 Sasha Ivanov – CEO and Founder

Sasha is a physicist by education and has been involved in payment systems software development. With blockchain technology, he launched the first instant cryptocurrency exchange coinomat.com.

 

#2 Martin Spodymek – Head Community Manager

Martin is an engineer and is fascinated by blockchain technology and cryptography as a whole. Martin supports Waves for tech support and marketing.

 

# 3 Alexey Kiselev – Back End Developer

Alexey is a passionate programmer who started programming 8-bit processors. He graduated from Moscow State Technical University.

 

#4 Sergey Ishchenko – Front End Developer

Sergey is a software engineer who specializes in Java with over ten years of experience. His primary responsibility on the Waves project is the Lite Client development and Distributed Team Coordination.

 

You can see the Waves team list here.

Credit for the information to Coinsutra

 

How To Buy Waves Cryptocurrency

Waves are traded on several exchanges but we recommend an easy way which is to purchase waves on EOT Wallet / Exchange

For more information on EOTWallet.com

 

Get your copy of What is Bitcoin

This e-book on Amazon explains what Bitcoin is, it explains that Bitcoin (BTC) is a virtual currency, digital, not physical, and independent of banks. Useful links and resources for the newbie and advanced Bitcoiner or cryptocurrency enthusiast.

 

 

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