W3i Software: The Future of Decentralized Finance

“Innovation distinguishes between a leader and a follower.” — Steve Jobs

Introduction

W3i Software is building solutions that bring conventional tradFi norms and conventions to the Web3 world. But what exactly is W3i, and why should people take notice? This article explores W3i’s mission, offerings, and innovative potential.

The Mission of W3i Software

W3i is on a mission to revolutionize Web3 financial ecosystems by building and deploying essential tools that are both regulated and ethical. Our goal is to take lessons, norms, and conventions from traditional finance and apply them to the decentralized world, creating a seamless and secure environment for financial freedom. Most banks “explore” how to narrowly integrate blockchain into certain business units or operational functions. We are taking the opposite approach. Blockchain is the core technology, and we are building ethical solutions that leverage its power.

When traditional auto companies tried retro-fitting existing cars with EV technology, they produced uninspiring models like the Nissan Leaf, the Chevy Bolt, and the Ford Focus Electric. EV adoption didn’t take hold until a purpose-built EV company entered the market. For its survival, Tesla needed to ensure the EV experience was a good one. They sought to solve problems adjacent to the car such as driving experience, range anxiety, and charging infrastructure. Banks “exploring blockchain” are like Ford strapping an EV powertrain on the Focus. It simply isn’t the right approach.

Specific Offerings

W3i’s strength lies in our pragmatic stepwise approach, with tailored solutions designed to meet specific needs. Our first two flagship offerings, USDM and MaviKai, exemplify our commitment to innovation, pragmatism, and ethics.

USDM

USDM is a Cardano’s first fiat-backed stablecoin. Stablecoins are a core tool for building sustainable financial ecosystems. The design and deployment of USDM shows how W3i applies tradFi ethos to solve blockchain problems. Reserves are held and valued by independent parties. The USDM Reserve is transparently reported on-chain by an independent oracle. The issuer, Mehen Finance, is regulated and responsible for ensuring AML/KYC compliance and safe reserve management. But it cannot make more USDM without independent on-chain confirmation of sufficient reserves from other parties. And all these controls are enforced automatically on-chain using smart contracts.

MaviKai (coming soon)

MaviKai will be the capital markets business for W3i. Entrepreneurs need capital, and investors need a reliable way to safeguard their investments. This is the whole purpose of the business of finance — connecting ideas with the funding they need. Blockchain-based tools such as tokenization, crowd-funding smart contracts and decentralized marketplaces can provide robust solutions for all of these functions. But all of these functions should be built and managed in such a way that they preserve investor rights and prevent abuse. As needed, MaviKai may operate as a SEC regulated broker-dealer, transfer agent, and ATS marketplace. This supports entrepreneurs using decentralized tools, and does so with the ethical basis and regulatory security necessary to thrive.

Real-World Assets (RWA): A New Frontier

A major focus of W3i’s will be to focus on financial asset tokenization. Real-world asset tokenization (RWA) is a major growth force for blockchain technology, and financial asset tokenization is part of that story. W3i will build companies that tokenize financial assets, and will build the infrastructure needed for those assets to be created and exchanged legally throughout the world. The first financial asset we plan on tokenizing is the W3i equity shares.

Integrating company ownership shares into the digital realm is a game-changer for both traditional and decentralized finance. W3i’s innovative solutions and stablecoin protocols facilitate seamless transactions involving RWAs, effectively bridging the gap between these two worlds. This integration offers unprecedented opportunities for robust and versatile financial operations, a key interest for any forward-thinking investor.

Why Invest in W3i?

Investing in W3i means partnering with a versatile company positioned at the cutting edge of decentralized finance. Here’s why W3i stands out:

• Ethics First: Our focus on ethical business ensures our services are innovative, secure, and appropriately regulated — key factors for sustainable investment.
• Diverse Offerings: With a thoughtful approach to its services, W3i is starting with stablecoins and moving to tools that utilize the stablecoin such as regulatory-compliant marketplaces. W3i will carefully deploy capital to sustainably pursue multiple strategic opportunities, resulting in diverse revenue streams for the business.
• Innovative Spirit: Our commitment to continuous innovation and pushing the boundaries of what’s possible keeps W3i ahead of the curve, aligned with the culture of relentless advancement.

Conclusion

Modern banking is a trust-based business enabled by technology. Every piece of technology added to the existing business adds risk to the existing business. So banks try pilot projects and “experiment” in different ways to see how they can tuck blockchain into their existing infrastructure. Or they may explore digital assets by assigning an unloved group to do technical analysis on Ether or Bitcoin.

But this approach to blockchain is exactly backwards. Instead of making the “digital assets” team an internally championed hobby project, the future of financial infrastructure must be built as blockchain-first. And then it must decide how to achieve its essential business mission through the use of blockchain technology, not the other way around.

W3i has a clear mission to re-imagine financial infrastructure, step-by-step, with a diverse portfolio of offerings, and a relentless drive for innovation. W3i is well-positioned to lead the next DeFi revolution. For investors, W3i represents a unique opportunity to be at the forefront of the next major leap in financial technology. Investing in W3i is not just about capitalizing on the present but shaping the future of finance.