WISEPLAT is the Next Generation Blockchain System

3 min readOct 25, 2017

Oleg Shpagin, the founder and visionary of WISEPLAT, says: “Blockchain will go down in history as an all‑time most revolutionary and advanced technology. The economy is going through the next phase of its development. This turning point alters business processes, the pace of result generation and the concept of trust in a business partner. Moreover, it solves the issue of dictatorship. It’s great and ingeniously simple! The WISEPLAT blockchain system is intended to bring big positive changes to many people in the world!”

Most forward-thinking companies are integrating the blockchain approach into their business processes as early as today. This gives them an opportunity to compete and expand their market share. However, the blockchain economy is evolving as well: they have been developing a new system based on the experience of bitcoins and other first-generation projects. The WISEPLAT blockchain system represents such an advanced cryptocurrency.

The main tasks set by WISEPLAT for itself are as follows:

- High network capacity

- High network scaling

- Ability to deploy private blockchains related to the main chain of blocks

- Availability of smart contracts between private blockchains, as well as between a private blockchain and the main chain of blocks

- Verification of the user’s account, if he/she wishes to do so

- Easy generation of apps related to the main chain of blocks

- Possibility to choose most reliable apps.

WISEPLAT originates from Ethereum and embraces its standards.

The platform allows the exchange of asset tokens and ICO (crowdfunding). Also, the platform implements smart contracts between blockchains. It is planned to transfer such popular apps as exchange, trading platform, games, copyright acknowledgment systems, insurance, Р2Р crediting, developer projects, etc. Each of them represents a private blockchain. All projects, like start-ups, start small and can grow into a sustainable business. Similar business models will turn into a standard practice. And that is the principle on which the WISEPLAT ecosystem rests.

Each new app on the WISEPLAT platform has a WISE token. The holder of a WISE token can apply it for any blockchain selected. To date, there is no such platform that would bring together all the branches of the economy. That is why visionary entrepreneurs have to create new forks on different platforms. There is an increasing amount of cryptocurrencies. If the user decided to spend the tokens of a particular blockchain in another blockchain, he/she will need to pay a fee to exchange the token. Thus, an intermediary appears. However, WISEPLAT is a truly decentralized system; it fully leaves out any intermediary services, even between different branches of the economy. WISEPLAT envisages many aspects, even the way a new blockchain can prove its reliability and trust to its organizer. The new project can fix an insurance deposit in the main blockchain, which functions similar to registered capital of a company. As seen from the information above, the holder of the WISE token can use it both as a bitcoin and for smart contracts. Moreover, it can serve as a means to obtain services from any sphere of the economy.

In October, WISEPLAT releases 10 million WISE tokens. This will bring blockchain to many entities around the world, as our society is facing the economic globalization of the whole planet.

WISEPLAT has a strong team of developers. Their experience includes collaboration with such companies as Renaissance Group, PepsiCo, Credit Suisse, CTI Education Group, NMB Bank, Standard Bank South Africa, Oracle Financial Services, Standard Bank Group, FNB South Africa, Symbiotics Application Services, CyberPro Consulting, Old Mutual, Kaspersky Lab, X5 Retail Group, Inline Group, etc.

Oleg Shpagin leads the WISEPLAT group, which consists of such strong experts as: Ronald Buruuru, Marina Pletneva, Prabanand Rathnam, Marat Isanov, Shingirai Rumuma, Ilghar Khalilov.