Waves platform opens for dApps and Smart Contracts

The Waves platform gets new features. A specially developed programming language allows the implementation of Smart Contracts. Waves to say of the competition in the platform market battle.

By Anton Livshits
26. June 2019BTC$12.811,00 12.25%part Facebook Twitter LinkedIn xing mail

Smart Contracts are all the rage. Even Tech giants like Microsoft and Google have been working on possibilities of application. Consequently, it is hardly surprising that even the Waves-platform wants a piece of the cake. The Blockchain Ecosystem therefore supports Smart Contracts and decentralized applications. Waves developed to do this, RIDE your own programming language.

the RIDE should be tailored according to a press release on the needs of developers. Typical programming errors should, therefore, be avoided. The coding process will on the Whole be more efficient. The Waves Team hopes to RIDE is obviously a competitive advantage.

Waves-CEO predicts strong growth opportunities

Alexander Ivanov, the CEO of Waves, in RIDE accordingly, a strong growth factor for its own platform. The innovations have to attract his statements, as the potential number of new developers for the Waves-the Blockchain. This is true both on users of competing platforms as well as on developers beyond the crypto-Spaces.

Ivanov's Statements must therefore also be understood as a Declaration of war on the competition. The Waves-CEO stresses the importance of decentralized applications:

dApps are considered to be the future of the decentralized world, and a platform that has in this duel by a nose, will rise to the top.

such A competition brings to the users, of course, benefits:

For Blockchain developers this means a more cost-effective and more convenient development process than ever before, and for those who are not part of the Blockchain-Segment, lowered the entry barrier significantly and new options are added.

Waves of speculation according to an increase in the daily transaction amount. Until now, the platform was recorded per day of 90,000 transactions. After the introduction of RIDE, the number is expected to grow by 30 to 50 percent. As a side effect, also Miner can hope to see higher revenues.

Waves is also working on corporate solutions

The 2016 based platform has built with the Vostok project is a second leg to stand on. The project is working on block chain-based solutions for governments and businesses. Vostok cooperates since last September with the Russian state-owned company Rostec. The group uses the Vostok-Blockchain for their own data management.

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