WAX vs bitShares vs Veritaseum
Digital assets have become much more popular in the last 12 months. We are not talking about regular cryptocurrencies here, but new assets that are issued in a chain of blocks. Several key projects are focusing on the digital asset industry as we speak, although they all seem to offer a slightly different view of things. We have summarized the basic ideas behind three of these projects below and how each one differs from the others in its own unique way.
 | 1. Veritaseum |
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One of the newest digital projects related to assets that will be launched on the market is called Veritaseum. Since its launch, the project has received a lot of attention and some criticism as well. It remains to be determined if any of that is justified. The Veritaseum project focuses on the construction of blockchain capital markets based on blockchain for the global market. His team is focusing on putting a wide range of assets and exhibitions in blockchain as stand-alone software. Anyone in the world can access these capital markets at the time you choose without any friction.
It is important to consider two key aspects of Veritaseum. Its centralized solution caters to existing institutions that have not yet sought to enter distributed capital market systems. As a result, the client can run these solutions on their own servers. There is also the distributed solution, which is based on research and analysis. It is good to see this project that offers both options, since not all corporations want to embrace the blockchain immediately.
 | 2. BitShares |
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One of the oldest projects that focuses on digital assets based on blockchain is known as BitShares. This particular concept has to do with the creation of SmartCoins and the provision of decentralized exchange services. The project also offers some other features, including the option to use a chain of blocks. With the aim of becoming a decentralized exchange, BitShares aims to provide high performance, security and convenience. In fact, the team claims that its technology can process the same volume of operations as NASDAQ.
By using the BitShares platform, it becomes possible to tokenize any asset and trade it in a decentralized manner. Whether gold, oil, national currencies or cryptocurrencies, everything can be marketed using Bitshares. In addition, technology is able to track stocks, bonds, indices and even inflation. In an ideal world, companies would issue their actions in the form of tokens in BitShares. This project offers many opportunities waiting to be explored.
 | 3. WAX |
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For those who are not familiar with WAX, the name means Worldwide Asset eXchange. It is a platform and a token designed to allow anyone in the world to create a market for the digital assets of their choice. This project was created by the OPSkins team, which gives it a little more credibility than one might suppose. OPSkins is the leading virtual goods market in the world today. WAX will allow the exchange of different types of digital assets, including virtual videogame articles.
Buying or selling digital assets is anything but simple. At this time, buyers and sellers must deal with different currencies, chargebacks and more. With the WAX platform, all those problems become things of the past. The use of cryptocurrencies, smart contracts and agreements based on blockchain makes it worthwhile to monitor this project. This is especially true when you consider that these marketing capabilities are offered to users for free.