The Wirex and Waves (WAVES) teams worked together to integrate the digital resource on the popular cryptographic card platform. Wirext also allows users to purchase, store and manage a variety of cryptocurrencies. WAVES joins the main digital resources of Bitcoin (BTC), Litecoin (LTC), XRP and Ethereum (ETH) on the Wirex platform.
Pavel Matveev, CEO and co-founder of Wirex, was very optimistic about what the future holds for the new integration. He was mainly impressed by the way the Waves platform is a bridge between the web and the blockchain. Wirex is also bridging the gap between traditional and digital currencies and their use in everyday life. He explained how the WAVES would adapt to their operations:
[Wirex] provides extra cash for cryptocurrencies and offers investors the ability to convert and spend their encryption instantly with our Wirex Visa card. Investors who purchase WAVES through our platform will know that they have a secure, agile and convenient service. In addition, our existing users will have another strong and popular token to add to their wallets.
The waves are continuously making giant strides in development
The last two months have seen the Waves project make several developments. Shortly before Christmas, we saw WAVES rise to $ 4.57 due to the news that it had secured $ 120 million in the first round of investment for its Vostok project. This project is focused on the implementation of Waves technology in corporate and government IT systems. (WAVES is currently valued at $ 2.66 after Bitcoin crashed 10% yesterday, Thursday, January 10th.)
WAVES intends to become the first company WEB 3. WEB3 is the third version of the Internet currently driven by blockchain and decentralization. This concept of WEB3 has been around since the 1990s, but is only taking shape now that technology is recovering. Web1 was the original internet with little interaction. Web2 is the current interactive and centralized version of the Internet. Web3 aims to change all this.
The founder and CEO of Waves Sasha Ivanov, explains further how it will work:
We see Waves as the bridge that will facilitate the transition from web 2.0 to web 3.0. Our team's goal is to put in place tools that allow companies and individuals to easily implement their own blockchains, while improving the use of the dApps and blockchain infrastructure.
What are your opinions on Wirex which integrates the Waves cryptocurrency (WAVES) on its platform? Let us know in the comments section below.
Disclaimer: This article is not intended to give financial advice. Any other opinion present here is purely that of the author and does not represent the opinion of Ethereum World News or one of its other writers. Perform your research before investing in one of the many cryptocurrencies available. Thank you.