Wecan WECAN

1. Summary

Ranks

Liquidity

71

Developer

-

Social

23

Momentum (beta)

0

Stack Rank™

-

Price

$0.000869850000 +2.3%

Market Cap

$1.50M (#3116)

Supply

1.72B / 2.00B

Tags

Ethereum Ecosystem

More Metrics

Price
52W High price	$0.007900128700
52W High date	21st Dec 2023 (1 year ago)
All Time High (ATH) Date	21st Dec 2023 (1 year ago)
ATH Price	$0.01
% From ATH	-83.24%
All Time Low (ATL) Date	5th Aug 2024 (6 months ago)
ATL Price	$0.001049570000
% From ATL	121.59%

Supply & Trading Volume
Trading Volume (24h)	$1,758.00
Total Supply	2.00B
Max Supply	19.00B
Circulating Supply	1.72B

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Description

Wecan: Tokenizing Data on Blockchain for Auditability and Security

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Wecan: Tokenizing Data on Blockchain for Auditability and Security

Wecan is a blockchain-based project that facilitates the secure management and sharing of data. The project's primary goal is to tokenize large amounts of information, ensuring data completeness, eliminating redundancies, and enhancing security.

Data Management and Sharing

Wecan's suite of products includes Wecan Comply, a blockchain data manager used by over 100 financial institutions. This solution provides a secure framework for storing and transferring data between parties. Additionally, it leverages blockchain technology to timestamp data, thereby maintaining an immutable record of accurate information. Wecan Connect is another key product, offering secure instant messaging for businesses and financial actors.

Architecture and Technology

Wecan's infrastructure is built using a multilayered architecture that includes its own blockchain, Wecan Chain, and integrates with Ethereum as the base network. This structure allows for efficient and secure data communication. The project has also developed partnerships with major banks and asset managers to apply its products in financial record-keeping and transactions.

Tokenization and Utility

The Wecan token (WECAN) is an Ethereum-based ERC-20 token. It is used by clients to pay for fees associated with the registration of transactions on Wecan's blockchain. A small portion of the token is also burned with each transaction. The token's utility is integral to Wecan's business model and demand is expected to grow as the project's products are adopted.

Mission and Partnerships

Wecan's mission is to guarantee the protection of personal and professional data through advanced encryption and secure data sharing. To achieve this, the project has established partnerships with prominent organizations and governments to implement its blockchain technology into their infrastructure.

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