Question 1

What is Wecan Group (WECAN)?

Accepted Answer

Wecan Group is a Swiss-based company specialising in blockchain solutions. The company focuses on providing secure, efficient, and decentralised solutions for businesses, leveraging blockchain technology to offer transparency, immutability, and efficiency across various industries​​. It has developed a blockchain infrastructure supporting a product suite including Wecan Comply and Wecan Connect​​.

Question 2

What is Wecan Group (WECAN) used for?

Accepted Answer

The Wecan Group offers products that are used for secure data management and communication.

Wecan Comply: This product provides a solution for creating a "golden copy" of data in the Web3 ecosystem, ensuring an immutable record of accurate information using blockchain technology for timestamping data​​.
Wecan Connect: Described as a secure messaging service for businesses and financial actors, it facilitates secure internal and external communication, resembling "the WhatsApp for private clients"​​.
WECAN, the group's Ethereum-based ERC-20 token, is used for anchoring transactions on the Wecan Chain and recording hashes linked to data transmitted by users of Wecan applications. It is integral to the functioning of their blockchain infrastructure​​.

Question 3

Who created Wecan Group (WECAN)?

Accepted Answer

Wecan Group was founded in 2015 by Dr. Vincent Pignon, who is also the CEO. Dr. Pignon has a background in economics, with experience as a Professor and Researcher at the University of Applied Sciences in Geneva. He has also served as an Advisor for Blockchain Affairs for the State of Geneva and has a history of entrepreneurship and consultancy in strategy​​.

The development of Wecan Group involved significant milestones, including the launch of its major product, Wecan Comply, in 2021 and the launch of its blockchain and the WECAN token in 2022. The group has raised substantial funding through various rounds since its inception​​.