Waves Adds Smart Contracts To Azure Marketplace Platform
The Waves crypto company has added its smart contracts, accounts, and assets to Azure Marketplace, ForkLog reports referring to the startup representatives.
The new samples of the Azure virtual mechanisms will create additional functions in both public and private networks. Waves' Turing-incomplete smart contracts are distinguished by a high degree of protection from any external intrusions, Alexander Ivanov, the head of the startup, stated.
Using an extension for the Microsoft Visual Studio code editor, experts will be able to create smart accounts and smart assets in conjunction with the Microsoft Azure cloud platform without much difficulty.
Smart accounts can be used in different solutions, where there is no need for intermediaries. First of all, it concerns multi-signatures, atomic swaps, and two-factor verification.
Waves' smart assets will allow small programs to be applied to tokens. So-called scripts will confirm each subsequent operation before it gets into the network. Besides, they can be used to freeze tokens and prohibit their sending.
In the future, the Waves developers are planning to implement Turing-complete smart contracts. They will expand the functions of the ecosystem.
Against the background of these events, the value of the Waves cryptocurrency has risen by about 15% over the last two days, according to CoinMarketCap. As of January 30, 10:22 (UTC), it was 20th in the rating with a price of $2.96 and a capitalization volume of $295.9 billion.
As previously reported, Waves managed to raise $120 million during a private investment round.