About

Waves Enterprise is a hybrid enterprise-grade blockchain platform, which combines permissioned public and private approaches. The Waves Enterprise mainnet brings together enterprises, service providers and decentralized applications in a trustless environment, utilizing the benefits of public permissioned blockchain across a wide range of business use cases. Sidechains are used to build private infrastructures, or hybrid ones, storing metadata on the mainnet. The platform is fueled by the Waves Enterprise System Token (WEST), the native utility token of payment for all network operations.

History

Waves Enterprise is a technology company formed to develop a hybrid enterprise-grade blockchain platform (having the same name) that unites public and private network approaches. Waves Enterprise is exclusively focusing on blockchain-based technologies for businesses and governments.

The team is based in Moscow, Russia. Currently, most of the customers are Russian companies with the project gaining a large share in the Russian corporate blockchain market since launching in 2018 and providing technology to national-wide blockchain initiatives like federal e-voting. Waves Enterprise mainnet was launched in mid-2019 and the team plans to expand to other regions outside Russia, including Europe, Asia, and the Middle East.

With an enterprise focus, the project provides both hybrid and private blockchain infrastructure.