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Wanchain wants to power the new digital economy
President Dustin Byington has a clear vision for Wanchain, a company using the blockchain to power the new digital economy.
Wanchain believes the “digital economy’ will soon become simply the “economy.” Just like photography has been digitized, crypto-finance will be too as increased functionality and transparency attract more people. That will increase pressure on companies to produce crypto assets and governments to develop cryptocurrencies which will, in turn, drive participation rates even higher.
We’re still in the early stages, where blockchain pioneers are laying the groundwork upon which future gains will be made. Those efforts include the creation of blockchains for each digital asset which help track their path but which makes it difficult to communicate between chains. First came Bitcoin, which Ethereum improved with smart contracts.