Watr, a blockchain ecosystem specifically designed for the global commodities industry, has announced its migration to Avalanche. This move aims to bring one of the world’s most critical economic sectors—including metals, minerals, food, and fuel—onchain, leveraging Avalanche's technical capabilities to enhance capital efficiency and interoperability.
The choice of Avalanche is based on its modular architecture, which allows Watr to deploy custom blockchains tailored to specific commodities, market participants, and regulatory requirements—without compromising performance or interoperability. Avalanche is already used by institutions like JPMorgan, Citi, and FEMA, reinforcing its credibility for real-world asset applications.
Avalanche's technical approach, based on subnets, enables customizable infrastructure with low latency and high throughput—key factors for scaling solutions in global financial markets.
Watr is developing a comprehensive tech stack to bring commodities markets onchain. Its core components include:
Together, these elements aim to build a programmable commodities economy based on trust, transparency, compliance, and access to capital.
Watr was founded by a team with experience at companies like Shell, BP, and J.P. Morgan. Among its leaders is Maryam Ayati, the first to lead global investment at Shell Trading. Her vision bridges deep knowledge of the commodity market with Web3 ecosystem tools.
With this migration to Avalanche, Watr aims to modernize commodity trading and financing through blockchain technology. By integrating key components like traceability, decentralized identity, and smart contracts, Watr proposes a new infrastructure for an industry still operating under traditional frameworks.
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