Hello and welcome to this blog post about Waves Enterprise WEST White Paper. I am very excited to know that you are interested in this amazing technology, you will be going to amazed by the incredible potential of the blockchain.
There is a lot to learn about this futuristic tech, lets get started to dive into the Waves Enterprise WEST white paper and start to leverage it to build a more secure and trusted ecosystem for Industry 4.0 applications.
The aim of this blog post is to help you quickly understand about the philosophy behind the Waves Enterprise WEST.
I can ensue you that, you will be able to understand every bits and pieces related to Waves Enterprise WEST after going through the Waves Enterprise WEST white paper.
Without wasting any further time lets get started to dive right in and lets understand white paper first.
What is white paper?
A white paper is an informational, influential, well-structured document, usually published by an organization, to provide in-depth information about a specific solution.
A white paper is used to provide a good insight into the challenges for a specific problem and a proposed solution for the same.
Waves Enterprise WEST White Paper
Waves Enterprise WEST white paper will be going to provide you, all the information that is needed to get started with Waves Enterprise WEST, including the inspiration for creating, the problem it is trying to solve and the solution proposed by Waves Enterprise WEST.
Waves Enterprise is a technology company formed to develop a hybrid enterprise blockchain platform that unites public and private network approaches. Our technologies enable companies to create practical blockchain solutions and integrate them into existing IT infrastructures, offering a reliable alternative to resource-heavy corporate blockchain frameworks.
The platform facilitates data privacy, ease of deployment, management and integration with external IT solutions, as well as high availability and transaction throughput. Containerized smart contracts executed in a Docker container allow users to run complex business logic written in any programming language. Large-scale projects based on Waves Enterprise technologies are implemented through our certified integration partners.
The Waves Enterprise Mainnet is a public LPoS network that guarantees the security of all transactions on the platform and operates as a global arbiter and reference network for custom sidechains. It unites companies, service providers and decentralized applications in a single trustless and secure contour, facilitating the use of public blockchains’ advantages for resolving various business tasks.
Sidechains facilitate the creation of blockchain infrastructures that are independent from Mainnet. They can be customized based on corporate goals, local encryption standards and regulators’ requirements.
The technology can be used for the creation of private and public infrastructures with a limited number of participants, or hybrid schemes in which data is securely stored on Mainnet as hash sums. Waves Enterprise System Token (WEST) serves as a token of payment for all Mainnet operations, as well as a means of value transfer.
White Paper Link: Waves Enterprise WEST White Paper
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