Baku, Azerbaijan, Oct. 18
By Huseyn Veliyev – Trend:
The Waves blockchain platform has activated SMART accounts, Orkhan Ahmadov, manager of the Azerbaijani Waves community told Trend Oct. 18.
Ahmadov noted that the SMART accounts are a simplified version of SMART contracts, the full launch of which is expected by the end of the current year or by the beginning of 2019.
"The launch of SMART contracts will allow for starting the practical application of the Waves blockchain platform in various fields and industries, in particular for the protection of work of art," Ahmadov said.
The Waves blockchain platform can be applied to any product, for example, for registration of medicine products, wine products, agricultural products, carpet weaving, etc. Each Azerbaijani carpet can be registered through the blockchain, which will confirm the originality of the product.
The Waves blockchain platform was launched in 2016 after implementation of the successful ICO. The developers managed to attract about 30,000 bitcoins (about $16 million) and realize their ideas. Currently, the Waves’ customers use the platform to create their own tokens, which can be used as the equivalent of an asset (securities, stocks, documents) for exchange.
The Waves platform provides high transaction speed and has a number of features. It allows for using the WavesWallet mobile multi-slot digital wallet where both Waves cryptocurrencies and other types of cryptocurrencies can be stored. This platform also allows for creating and organizing the sale and purchase of personal cryptocurrencies.
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