February 8, 2024. WhiteBIT crypto exchange changes its blockchain name from WB Network to Whitechain. The new name reflects the platform’s long-term v
February 8, 2024. WhiteBIT crypto exchange changes its blockchain name from WB Network to Whitechain. The new name reflects the platform’s long-term vision and commitment to building a simple, transparent, innovative, and compliant ecosystem of dApps.
WhiteBIT also starts a new chapter in Web3 market positioning, product development, ecosystem strategy, and communication with the community.
The Whitechain team is currently working on several new products, ecosystem development activities, and educational initiatives. The platform is also getting ready to release a big technical roadmap highlighting all the important milestones in the next year.
The community will observe changes to enhance liquidity, enable cross-chain swaps and stablecoin transfers, and launch fundamental protocols across many existing use cases.
Moreover, WhiteBIT is also planning to integrate AI with smart contracts to overcome significant user experience challenges inherent in traditional blockchain designs.
A few days ago, the Whitechain team released its newest product, the Whitechain Telegram Wallet. It is an app inside a Telegram bot that allows people to instantly deposit and withdraw the native coin of Whitechain (WBT) as well as NFTs. With this user-friendly and secure wallet, people won’t have to leave the Telegram app to complete a transaction.
The name change is just the beginning of a new stage of development for Whitechain. WhiteBIT has big plans and has already started implementing them.
Whitechain plays a crucial role in WhiteBIT’s strategy, aiming to advance an era of fair and open value exchange, enhance human interactions, and enable talented individuals to leverage the power of permissionless public blockchain platforms.
Whitechain is an EVM-compatible blockchain platform that leverages the diverse infrastructure of the WhiteBIT exchange and its ecosystem of established Web3 products (Whitepay, white.market, WhiteSwap, etc.). The blockchain also provides advanced digital identity solutions that enhance security and user experience. WhiteBIT is one of the largest European centralized crypto exchanges founded in 2018. The exchange offers 350+ trading pairs, 270+ digital assets, and 10 state currencies. The company is an official partner of the Ukrainian national football team, FC Barcelona, FC Trabzonspor, and FACEIT. The goal of WhiteBIT is the mass implementation of blockchain technology worldwide.