Description
Watr is a Layer-1 blockchain specifically designed for the commodities sector, aiming to modernize the industry by integrating liquidity, identity, and trade infrastructure. It addresses the inefficiencies of the current system, where over $20 trillion in global trade is constrained by outdated legacy structures. Watr provides a platform for unlocking new liquidity, creating new business models, and increasing participation. It caters to a diverse range of stakeholders, including asset owners, commodity traders, producers, investors, financial institutions, developers, and entrepreneurs, by offering features such as on-chain financing, programmable market structures, identity-backed transactions, and tools for developing decentralized applications (dApps) for trade and finance.