Wanchain believes in the power of open finance. This team thinks that the current financial system is broken and that it needs to be more connected and more accessible. Wanchain is billing itself as the world's most advanced interoperable blockchain. The team wants to connect different private and public blockchains that are currently isolated, and through this connection, integrate digital assets and data very easily.
Some of the real-world applications for Wanchain include cross-chain decentralized exchanges, cross-chain mobile payments, a more thoroughly connected enterprise blockchain ecosystem, and DeFi apps. Some of the functions of the WAN token include proof of stake blockchain Rewards cross Chain staking rewards and the alleviation of transaction fees. Wanchain truly believes in the power of the ecosystem. It has built out an extensive network of partnerships that include some of the largest names in Crypto and beyond.