Waves is a decentralized exchange, and development platform that aims to make it easier to create, store, trade, and manage blockchain tokens. It has an intuitive interface that allows users to create tokens with very limited coding knowledge. These tokens can be used as a digital representation for any asset or commodity, or as a utility token for a network. Waves' easy to use platform has the potential to accelerate blockchain adoption and make tokenization more accessible. The platform is fueled by the WAVES native token. The network has a Proof-of-Stake (PoS) consensus mechanism.

CodeChain is developing a security tokenization platform that will provide an end-to-end solution for real-world asset digitization. Their platform will assist clients in a variety of industries to convert assets into digital tokens.