W Chain launches Mainnet to redefine global payments

W Chain, a hybrid blockchain based in Singapore, has recently announced the soft launch of its Layer 1 Mainnet as part of the company's initiative to redefine payment systems across the globe.

The launch follows a successful Testnet phase and marks a strategic step forward for W Chain. The current phase encourages developers to provide feedback and suggestions to enhance security and functionality before the anticipated commercial launch in March 2025.

The Mainnet soft launch includes innovative features such as the W Chain bridge, facilitating the development of decentralised applications (Dapps). The phase also includes limited validator onboarding and real-world testing for performance optimisation and user experience improvement.

Anish Jain, Founder of W Chain Network, commented on the significance of this development: "The soft launch of our Mainnet is an important moment for W Chain as we redefine global payment systems.

"We want to build an inclusive and flexible payment environment that fits businesses' different needs today and tomorrow. As a central switch for all payments, W Chain should be interoperable with all digital currencies," Jain said.

According to the company, the soft launch aims to stimulate the creation and adoption of blockchain-based products and services worldwide. It presents an opportunity for the broader developer community to engage in real-world testing and feedback processes that are crucial to the network's refinement.

Dinesh KR, Head of Blockchain at W Chain, explained the importance of this phase to the company's trajectory: "This soft launch is crucial to the company's growth. We will use hybrid blockchain technology to secure and streamline transactions. We will simulate user interactions with the platform, collect important system performance and user experience data, and make any improvements before launch."

A significant aspect of the soft launch is the limited validator onboarding process, W Chain said. By integrating a select group of validators, W Chain aims to ensure any potential challenges can be effectively managed, thereby maintaining system integrity and stability.

The real-world testing aspect of the launch will simulate user interactions, allowing W Chain to gather essential data on system performance and the overall user experience. This process is vital for identifying adjustments needed before the official full launch.

W Chain remains committed to engaging with its community by inviting developers and businesses to explore the platform during the soft launch. Feedback from these interactions is expected to play a pivotal role in the final refinements of the system.