Waves is a decentralized multi-purpose exchange platform. Based on NXT’s colored coin technology, Waves was built completely from scratch and it’s the first production system being built on top of the Scorex framework. Waves addresses some of the major issues with the NXT platform (Like mandatory updates), while filling the demand for a stable Blockchain currency for investors, kickstarters and regular users.
Waves platform allows the creation, issuance, transfer and Exchange of assets and custom tokens, most noticeably fiat tokens which allow users to transfer fiat currency over the blockchain without any volatility.
Waves liteclient will also feature a Portfolio to keep track of all your assets (which can be Exchanged for fiat and crypto currencies and other assets), a voting area to facilitate conensus on various projects and a messaging center.