Currently, blockchains exist in isolation and cannot communicate with each other because of the uniqueness of each one. Wanchain uses recent cryptographic theories to build a non-proprietary cross-chain protocol and distributed ledger that records both cross-chain and intra-chain transactions.
This means that Wanchain makes it possible to transfer assets between different blockchain ledgers in a distributed way. The Wanchain protocol supports smart contracts and token exchange privacy protection.
The Wanchain Cross-Chain
The vision of Wanchain cross-chain is to enable the conversion of any digital asset from any blockchain into a corresponding proxy asset on Wanchain’s blockchain. This will, in turn, enable the development of cross-chain dapps.
The Wanchain cross-chain looks to support all protocol…