Worldwide Asset eXchange, often known as WAX, is a purpose-built blockchain designed for quicker and easier e-commerce transactions whereas making certain the safety of each get together concerned.
Good contracts underlying the transactions act because the mechanism that allows trustless buying and selling between consumers and sellers. The WAX blockchain is able to a 500 millisecond block time and zero-fee occasions for shoppers.
WAX has additionally created a collection of blockchain-based instruments upon which decentralized utility (DApp) marketplaces and non-fungible tokens might be constructed. How has WAX fared in latest instances?
Source: CoinDesk
Source: Investing