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Blockchain solution for large enterprises and public institutions

Developed by Waves in 2018 at the request of organisations in the industrial, public and financial sectors

Blockchain as a Driver of Digital Transformation Globally

The contribution of the digital economy to GDP in the G20 is expected to reach $6.6 trillion by 2020,

and the number of participants is set to climb to around 4 billion people worldwide according to the “Delivering Digital Infrastructure – Advancing the Internet Economy” report by the World Economic Forum and the Boston Consulting Group.

Building a digital economy is impossible without first laying down a solid foundation, i.e. a modern information infrastructure, where all technology solutions are connected and interact with each other.

Blockchain technology provides this, enabling the next generation of digital infrastructure and shifting the entire operation of global information-based networks. It offers significant advantages for the creation and implementation of a convenient, stable and secure universal digital platform for certification, registration and data tracking.

Vostok project overview

Platform solutions

The project combines a number of technologies - blockchain, artificial intelligence, industrial Internet of things, big data and neural networks. This approach allows organisations to not only collect data, but also ensures data validation, comparison, predictive analysis, pattern detection, immutability, transparency, distributed storage and more effective protection against unauthorised use, attack or vanishing.

Project architecture

Vostok consists of two elements - the Vostok private blockchain platform and the Vostok system integrator. The platform uses proof-of-stake (PoS) protocol and leverages the latest advances in the field of digital technologies. The system integrator is tasked with the concept design for integrating the Vostok platform-based solutions and implements final projects.

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2016

Waves is founded
Waves platform is officially launched

2017

Vostok platform is announced

2018

Vostok platform is launched
The option of using Russian state-approved cryptography algorithms and digital signature on Vostok platform is added
A role-based access control (RBAC) model for users is added
Partnership with Dom.RF
An office opened in Kazakhstan
Partnership with Transtelecom
Implementation of smart contracts
Partnership with BI.ZONE
Partnership with Rostec
Implementation of the platform’s client interface modules: blockchain explorer and data service
Conclusion of Vostok project’s phase one

2019

Release of Vostok platform 1.0
  • Adding an option for deploying a network based on Proof-of-Authority (PoA) consensus algorithm
  • Implementation of a web wallet
  • Launch of Vostok blockchain on the test net
Adding functionality for operations with confidential data
Implementation of smart contracts with Docker container technology
Implementation of the platform’s client interface modules:
  • monitoring utility
  • graphic interface for smart contract operations
Implementation of analytical services

Waves is founded

Waves platform is officially launched

Vostok platform is announced

Conclusion of Vostok project’s phase one

Implementation of the platform’s client interface modules: blockchain explorer and data service

Partnership with Rostec

Partnership with BI.ZONE

Implementation of smart contracts

Partnership with Transtelecom

An office opened in Kazakhstan

Partnership with Dom.RF

A role-based access control (RBAC) model for users is added

The option of using Russian state-approved cryptography algorithms and digital signature on Vostok platform is added

Vostok platform is launched

Release of Vostok platform 1.0

  • Adding an option for deploying a network based on Proof-of-Authority (PoA) consensus algorithm
  • Implementation of a web wallet
  • Launch of Vostok blockchain on the test net

Adding functionality for operations with confidential data

Implementation of the platform’s client interface modules:

Implementation of the platform’s client interface modules:

  • monitoring utility
  • graphic interface for smart contract operations

Implementation of analytical services