logo
logo
Sign in

Interview with WandX

avatar
Stephanie Bond
Interview with WandX

In our interview for this month, we venture into one of the most trending topics these days and try to understand a decentralized application built on the Ethereum blockchain - WandX.

The entire concept of a blockchain is to keep it decentralized.

The apple farmer signs a deal with the apple pie manufacturer, saying that, six months down the line, I will sell 10,000 apples to you at Re.

Another example is a company called Golem, which is a decentralized cloud storage platform.

If you have 1 GB of data, it is split into 100 MB chunks, which are further distributed across thousands of machines on the encrypted network, all over the world.

Anyone using our platform has to use the Wand token, which acts as a loyalty point that will facilitate trade with other tokens.

collect
0
avatar
Stephanie Bond
guide
Zupyak is the world’s largest content marketing community, with over 400 000 members and 3 million articles. Explore and get your content discovered.
Read more