#CryptoCorner: Wise Network @network_wise Publishes Whitepaper and Launches Telegram as ICO Approaches
January 15th #CryptoCorner and Podcast sponsored by Crypto payment tech, #Flip @FlipToPay ($NXTD) and Genesis Exchange and Wallet App @GenesisBlockch
Point Roberts, WA and Delta, BC - January 15, 2019 (Investorideas.com Newswire) Investorideas.com, a leader in crypto and blockchain investing news, in partnership with Fit Pay, Inc.'s (subsidiary of NXT-ID (NASDAQ: NXTD) crypto payment tech, Flip and the Genesis Exchange and Wallet App bring you today's edition of the Crypto Corner podcast and commentary on what's driving the cryptocurrency market.
Wise Network Publishes Whitepaper and Launches Telegram as ICO Approaches
Stocks discussed: (OTCQB: $GOPH)
Wise Network, an innovative developer of analog-mixed-signal, system-on-a-chip (AMS-SoC) integrated circuits, has made significant moves with the close of 2018 and into this year as it gears up for an ICO presale for their WRC token set for April 19.
On December 17, 2018, Wise launched a Telegram account, which has 5243 members at press time. The account has seen consistent interaction from interested investors since its debut.
Additionally, Wise Network recently published their whitepaper, written by company CTO, and CTO of Gopher Protocol, Inc. (OTCQB:GOPH), Dr. Danny Rittman. Gopher's Avant! AI engine powers the Enigma - a system-on-a-chip that communicates, using WiFi or cellular networks, with other Enigma integrated circuits (ICs) - which the WRC token is based within.
Wise Network was also listed on ICO Link, where they are currently rated 4.78/5. An excerpt from the ICO Link description for the WRC token outlines some of the basic features outlined in the whitepaper:
Wise's SMC [secure memory chip] will lay the real-world foundation to support cryptographic acceleration, neural network processing, and System-on-Chip development in IoT devices whereas Wise's Public Blockchain Mesh Network will serve as the distributed "hive mind" infrastructure that will give devices the capacity to securely learn, and transfer information between one another.
As an introduction to our Wise's Public Blockchain Mesh Network (WPBMN), we present the underlying technology used for decentralization, discuss scalability issues, and identify the most promising solutions for overcoming these hurdles.
The WRC token itself allows users to transfer value in the same way they can communicate with other devices, as with IoT. WRC is used by devices, which can buy and sell things from each other. An introductory video illustrates this through the example of a car receiving traffic information from other cars around it. The data from this exchange is then charged using the WRC token, "solving the lack of information and revenue received for it". This enables devices to collect and exchange data that the user desires without constant input from the user.
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