Wanchain (WAN) Price

Creating interconnected blockchains is a recent game-changing growth in the crypto space today Wanchain is one of the platforms at the fore. This platform was built to connect isolated public and private blockchains enabling cross-chain transactions and allowing a smooth movement of digital assets and data. This text explains what Wanchain is, how it works and when it had been launched.

What is Wanchain?

Wanchain is a DeFi and blockchain interoperability platform connecting multiple blockchains. WAN stands for wide-area network and, Wanchain is creating a network of many blockchains that could not communicate before this. Wanchain supports the making of smart contracts using the Solidity programming language.

When Was Wanchain launched?

Wanchain launched an ICO in October 2017, the project drew massive interest, and therefore the ICO was sold-out out in a day. Jack Lu and Dustin Byington led the team that founded Wanchain; they have previous experience in the blockchain space co-founding a company. The company is characterized as an international company with people from all over the planet and established offices in Texas and Beijing, China. Wanchain began commerce on the 23rd of March 2018. It was the 70th largest cryptocurrency company in August 2018 when observing the overall market capitalization, which is a drop from its normal spot among the highest fifty.