One of the most interesting smart contract blockchains to come out of Asia is certainly WANCHAIN. It links different blockchain networks and protocols by using smart contracts and threshold key sharing. This will efficiently enables a proxy token, to be utilized on the wan network which will be used on other platforms. This is completely separate blockchain, and its Wancoin (WAN) is not an ERC20 token. There are a lot of parts to the platform, but the cross-chain communication protocol is the backbone behind it all.
Wanchain is a separate blockchain, its coins which is the Wancoin (WAN) is definitely not an ERC20 Token. Its cross-chain communication protocol will serve a better way to transfer data between Wanchain and other Chains.
It has three functional modules which is the Registration Module, Cross-chain transaction data transmission module and the Transaction status query module which will monitor and track the status of transactions.