W Chain is both a Layer 1 and Layer 2 blockchain that complies with EVM standards. It is built on the Ethereum Network and is forked from Polygon.

W Chain offers more than just payment solutions; it is a fully modular and interoperable blockchain designed for businesses that require a flexible, efficient, and secure payment infrastructure. Whether you need customized environments for specific clients or advanced ledger functionalities, W Chain’s architecture is built to adapt and evolve with your requirements.

•  *Clawback*: The clawback address allows for the recovery of tokens in cases of fraudulent transactions, compliance breaches, or other exceptional situations.
• *Token Recycle Ecosystem*: This feature empowers users to choose between burning or recycling tokens within the ecosystem.
• *Multisig*: A multi-signature wallet enhances security by requiring multiple private keys to authorize and complete transactions.
• *Fully Customizable Asset*: Users can tailor the asset’s values and decimals to their preferences.
• *Single-click Token Mint*: This functionality enables users to mint tokens effortlessly with just one click.
• *Product Specific Wallet*: Users can create and manage dedicated wallets for specific products, allowing for customization of their financial assets.
• *Permissioned Community*: This feature facilitates the creation of a user-verified community infrastructure, promoting a secure and trustworthy network.

The purpose of W Chain is to power the next generation of global payments. It aims to provide an efficient, secure, and scalable payment infrastructure that is future-proof and adaptable to business needs, supporting both traditional and digital financial ecosystems. 

W Chain is the first blockchain designed specifically for global payments. Its hybrid structure allows it to offer the transparency and openness of public chains, alongside the control and customizability of private chains. This dual-chain system gives businesses the flexibility to choose the right environment for their specific requirements. 

• Hybrid Blockchain (L1 Public, L2 Private): Flexibility for businesses to operate in either public or private environments. 

• Proof of Authority (PoA): Ensures secure and fast transaction processing. 

• Scalability: Handles thousands of transactions per second (TPS) with the potential for future upgrades. 

• Interoperability: Supports various digital assets and payment gateways. 

• Smart Wallet Integration: Simplifies payments through KYC-compliant wallets. 

The hybrid blockchain model provides the best of both worlds: 

• Public Chain (L1): Open access for developers, DApps, and token creation. 

• Private Chain (L2): Tailored for businesses with specific commercial or regulatory needs, offering more control and customization. 

W Chain can process up to 10,000 transactions per second (TPS) at full capacity, ensuring scalability for high-volume transactions. Both the Public and Private Chains offer transaction finality in under 3 seconds. 

W Chain uses Proof of Authority (PoA) consensus on the private chain, ensuring that only trusted, validated nodes participate in the network. Additionally, multi-signature wallets, clawback mechanisms, and a comprehensive admin portal enhance overall security. 

WCO is the native utility coin of the W Chain ecosystem. It is used for: 

• Transaction fees 

• Exchange fees 

• Settlement and subscription services 

• Premium services 

WCO helps drive adoption and ensures the smooth operation of the W Chain. W Coin (WCO) is the fuel that powers the W Chain Hybrid Blockchain. It serves as the primary utility coin within the ecosystem, facilitating fast, low-cost transactions, enabling staking and governance, and supporting enterprise-grade applications. Built on the principles of speed, security, and scalability, W Coin is uniquely positioned to address the challenges faced by businesses and users in the blockchain space. With hybrid blockchain architecture, W Chain provides a solution that combines the benefits of both public and private blockchains, making WCO an essential coin for those seeking flexible, secure, and efficient solutions. 

W Chain collaborates closely with global regulators to ensure compliance in both traditional and digital financial ecosystems. This ensures that businesses can confidently integrate W Chain into their payment infrastructure while adhering to regulatory standards. 

W Chain is built for any industry that handles payments, including: 

• Financial institutions 

• Payment service providers 

• Merchants 

• E-commerce 

• Digital assets and CBDCs 

Businesses across various sectors can leverage W Chain’s hybrid model to create a more secure, scalable, and customizable payment solution. 

The Clawback feature enables W Chain to recover tokens in instances of fraudulent transactions, compliance violations, or exceptional circumstances, providing an extra layer of security and trust in the system. 

The Token Recycle Ecosystem gives users the flexibility to either burn or recycle tokens within the W Chain network, empowering them to manage token supply efficiently. 

Yes, W Chain enables businesses to create custom tokens with the Single-click Token Minting feature. Users can tailor the asset’s values, decimals, and other properties according to their needs. 

W Chain provides a comprehensive range of payment features, including: 

• Refunds 

• Discounts 

• Loyalty programs 

• Custom fee management 

• Multi-party fee routing 

These features ensure that businesses can handle complex payment processes efficiently. 

Developers can get involved with W Chain by building decentralized applications (DApps) or creating tokens on the public chain. W Chain provides open access to its public chain, allowing developers to leverage the infrastructure for their projects. 

W Chain is designed to scale with the growing needs of businesses. It offers upgrades for higher transaction speeds, larger capacities, and evolving regulatory requirements, ensuring that the platform remains flexible and future-proof. 

W Chain’s Public Chain is set to launch its testnet in September 2024. Further developments and upgrades will be introduced based on market demand and community feedback. 

W Chain is blockchain-agnostic and designed to be interoperable with multiple blockchain protocols, including ERC-20. This enables seamless integration with various digital assets, fostering greater adoption. 

For more information about W Chain and how to get involved, visit our website or download the W Chain Whitepaper. You can also contact us directly for any press or business inquiries.