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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