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WAX

WAX (WAXP) is a purpose-built blockchain, released in 2017, that is designed to make e-commerce transactions faster, simpler and safer for every party involved. The WAX blockchain uses delegated proof-of-stake (DPoS) as its consensus mechanism. It is fully compatible with EOS.

Overview

WAX (WAXP) is a purpose-built blockchain, released in 2017, that is designed to make e-commerce transactions faster, simpler and safer for every party involved. The WAX blockchain uses delegated proof-of-stake (DPoS) as its consensus mechanism. It is fully compatible with EOS.

Industries

WAX is active in the following industries:
  • Cryptocurrency
  • Blockchain
  • Internet
  • Futures contract
  • Digital currency
  • Currency exchange
  • Payment system
  • Remittance
  • Smart contract
  • Virtual currency
  • Decentralized autonomous organization (DAO)
  • Tokenization
  • Distributed ledger
  • Cryptocurrency exchange
  • Blockchain and cryptocurrency
  • Cryptocurrency wallet
  • Cryptocurrency mining
  • Financial exchange
  • Non-fungible token (NFT)
  • Web3
  • Bitcoin
  • Telecommunications