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Wirex adds WAVES to its Platform - Global Coin Report
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Wirex adds WAVES to its Platform

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Wirex
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London UK, January 10th2018 – Wirex, the UK FCA-licenced digital money platform that facilitates the seamless conversion of cryptos and traditional currency, has joined forces with Waves to add the in-demand WAVES token to its platform. The WAVES token holds a unique place in the cryptocurrency spectrum because its underlying utility addresses some critical hurdles that hinder the mainstream adoption of blockchain technology, such as scaling, interoperability, and security.

Sasha Ivanov, CEO and Founder of Waves Platform, says, “We see Waves as the bridge that will facilitate the transition from web 2.0 to web 3.0. The goal of our team is to put tools in place that will allow both enterprise and individuals to easily implement their own blockchains while improving the UX of DApps and blockchain infrastructure.”

Like Wirex, the Waves Platform was purpose-built, and since its launch in 2016, Waves has become one of the fastest, most secure and user-friendly public blockchain platforms available.

In terms of its underlying protocol Waves is closer to Ethereum than Bitcoin. Ethereum is used to develop various DApps, but it can be expensive due to its Smart Contract language complexity and Gas fees that can grow dramatically over time. Waves Smart Contracts are simplified – they are a plug-and-play solution with fixed fees. Another improvement is the Waves-NG protocol with throughput of up to 1000 TX/s.

Pavel Matveev, CEO and Co-founder of Wirex, comments,“ While the Waves Platform is a bridge between the web and blockchain, we are a bridge between traditional and digital currencies. Together we solve many pain points in the industry. Our platform provides extra liquidity for cryptocurrencies and gives investors the ability to convert and spend their crypto instantly with our Wirex Visa card. Investors who buy WAVES through our platform will know they are with a safe, agile, cost-effective service. In addition, our existing users will have another strong and popular token to add to their portfolios.”

 The Waves Platform also has benefits for miners. Individuals who want to mine WAVES tokens don’t have to run a node themselves; rather, they can lease their wallet balance to someone who does. It basically offers built-in mining pool functionality that gives users even more flexibility.

Dmitry Lazarichev, CEO and Co-founder of Wirex, says, “With our aim to collaborate with the best companies to produce innovative solutions in the crypto space, we recognised Waves as a highly professional and cutting-edge project and look forward to growing the relationship.”

About Wirex

Wirex is a UK based, FCA-registered international digital money payment platform that forged new rules in the digital money arena. They are a payment platform that offers five cryptocurrency wallets – BTC, ETH, XRP, LTC, and WAVES, as well as traditional currencies. They gave the world their first ever Wirex Visa card that lets users convert and spend cryptocurrency instantly – from USD to Bitcoin, from XRP to Sterling. Wirex also launched Cryptoback™ – the world’s first Bitcoin rewards programme. It pays users 0.5% of their transactions back in Bitcoin, every time they tap, swipe or use their card at a point of sale. Now Wirex has over 2 million customers in 130 countries.

About Waves

Waves is a global blockchain platform launched in 2016. Waves’ mission is to build a blockchain ecosystem that allows users to address a wide range of real-world problems. The Waves team is creating a blockchain infrastructure with easy-to-use tools for individuals, developers, and businesses. In April, 2017, Waves successfully launched its DEX (decentralised exchange), a fast and safe tool for trading the most popular cryptocurrencies. In late 2017 Waves-NG protocol was activated, enabling unprecedented throughput of up to 1,000 tx/s, whilst reducing transaction confirmation times to just seconds. In September 2018, Smart Accounts became available on the Waves Platform as the first stage of Waves Turing complete Smart Contracts launch.

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CONTACTS

Samantha Robb
PR and Campaigns Manager, Wirex

Email: samantha.robb@wirexapp.com

Sergey Maslennikov

PR Director, Waves Platform

Email: smaslennikov@wavesplatform.com

Altcoins

AZ FundChain Offers a Compelling Alternative to Traditional Crowdfunding

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AZ FundChain
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Although many tokens have collapsed during the ongoing altcoin apocalypse, the future remains bright for applications with real world usage.  Because of the ongoing bear market and limited trading opportunities, analyzing businesses with the potential to experience real world adoption should be the priority.  Part of that analysis should include looking at industries that need improvement.  During my analysis, one area that quickly popped up is the field of traditional crowdfunding and money circles.  And, as it turns out, AZ FundChain application offers a compelling alternative.

Problems with Traditional Crowdfunding

President Obama’s JOBS Act essentially laid the ground work for crowdfunding.  This legislation was passed in 2012 and included a provision for large groups of anonymous investors to fund startups.  It essentially gets around the dreaded “qualified investor” requirement that created a barrier for so many potential participants.  Crowdfunding is a great way for non-traditional businesses to raise funds for operating capital.  It certainly beats having to beg a bank for a loan, or, even worse, a loan shark.

But, as the common cliché goes, no good deed goes unpunished.  Traditional crowdfunding and money circles certainly have their fair share of problems.  The biggest problem is trust.  There are essentially very little checks and balances when it comes to how these companies will use the money that is raised.  Companies can promise the world but may not deliver…

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Why no one should be using banks

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why no one should be using banks
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If government is the devil, the bank is a demon.

It’s not your money anymore.

The moment you put your money on your bank account it becomes the property of the bank. Legally speaking you have just lend your money for minuscule interest. And since the money is not your, terms do apply, so you cannot withdraw all of them in one day, if the amount is high.

Government will know everything

Today banks are obligated to tell the authorities everything they know about you, including how much money you have, how you got it and where you spend it. The golden age of bank secrecy is over. Of course if you are a law abiding citizen, you might think that you have nothing to hide, but it’s not about hiding stuff. It’s about basic human right, and rightness for private life. The government should not be allowed to watch you.

Banks ask too many stupid questions

It’s your money, you rightfully earned them, but still you need to explain to the bank where you got it from and be shamed by them. The funny part is that after long and painful due diligence process the bank may still decline in providing service for you.

They can legally suspend your account or even steal your money

Laws are not made to protect people, they are made to protect the…

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Neteller to Launch a Crypto Exchange

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Neteller
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The way to make sure that the cryptocurrency momentum continues and that cryptocurrency credibility occurs is when big companies begin offering services based around cryptocurrency and other features of blockchain. This was certainly the case when Neteller recently announced it will offer a cryptocurrency exchange service in addition to its digital wallet services. The company announced that the 28 currencies compatible with the fiat wallet were able to buy, sell, and hold cryptocurrencies – including Bitcoin, Bitcoin Cash, Ethereum, Ethereum Classic, and Litecoin. It makes sense to begin with Bitcoin and Ethereum as they are seen as the originators of what cryptocurrency and blockchain can do and also the future of how blockchain can be used, despite news that Ripple may be set to topple them all. Neteller’s move into cryptocurrency shows it has its sights set on a bright future of cryptocurrency and making it more accessible. But where do they stand now?

Neteller and Cryptocurrency

Neteller are optimistic about the exchange features of the digital wallet, claiming that they plan to add more cryptocurrencies in the near future. Neteller’s benefit is the ease at which one can begin their cryptocurrency trading journey. Not only do a range of banks offer services to fund the wallets and exchanges, but so do a variety of online payment options. This helps remove the barrier to entry that exists in…

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