What is WEI Foundation?

WEI Foundation, NCLE is a non-profit foundation and a comprehensive system of products based on blockchain technologies, which is aimed at technological changes in the global financial system.
WEI Foundation, NCLE
Our foundation is based in Georgia, a country that was one of the first to introduce blockchain solutions at the state level. We also analyze and use local and global experience to develop our projects.

Why WEI Foundation is non-commercial?

The non-commercial form of the WEI Foundation (NCLE) can guarantee to the users and investors of the project the safety of the raised funds or donated in the future, since, unlike the commercial form, the funds of the WEI Foundation cannot be distributed among the founders or illegally withdrawn.
Our main goal is to benefit all our customers. To do this, we have modern technological solutions and clear rules for using solutions. The functionality of our crypto wallets is close to the world's best online banking applications. We are proud of our solutions that allow us to ensure maximum speed and security of transactions.

Our task is to make the use of blockchain technologies in the financial sector more mass. Now the attitude in the relation to cryptocurrency is very ambiguous, and we want to change this through our products. And we also want to gain credibility of users by showing our honesty, expertise and commitment to long-term work.

Our goal and task

Our goal and task

Our main goal is to benefit all our customers. To do this, we have modern technological solutions and clear rules for using solutions. The functionality of our crypto wallets is close to the world's best online banking applications. We are proud of our solutions that allow us to ensure maximum speed and security of transactions.

Our task is to make the use of blockchain technologies in the financial sector more mass. Now the attitude in the relation to cryptocurrency is very ambiguous, and we want to change this through our products. And we also want to gain credibility of users by showing our honesty, expertise and commitment to long-term work.
Values

Safety

To ensure the maximum security level of the blockchain in the project, we use the X11 algorithm, that is eleven-fold encryption. And we provide security of wallets at the level of the best banking systems.

Legality

We conduct and develop our project strictly taking into account the requirements of regulators from different countries. We cooperate with the international security platform, which is engaged in tracking payments within the framework of legislation on combating money laundering and terrorist financing. It allows us and law enforcement agencies from different countries to identify potentially and simply dangerous transactions, making our products as completely legal as possible for the legal field. In addition, all transactions related to the wallet address of a user who commits illegal actions within the framework of our projects are also monitored and suppressed by our international partner.

Convenience and manufacturability

First of all we think of our users, their comfort is our top priority. Therefore, we focus on the best banking applications so that any client can understand how to use our solutions. We are also constantly testing new features that can be implemented into the project to make it even more convenient to use.

Environmental friendliness

To reduce the harmful impact of classical mining on specialized computers on the environment, we use the Proof-of-Service algorithm, in which the operation of blockchain services is ensured by the presence of WEI in the wallet.

Openness

Any user can influence the development of the project. The project code is in open form on GitHub, so anyone can propose changes and implement them after voting. If successful, 5% of the mining issue will be credited to your account.

Team

Our team has expertise in scientific research in economics and law, work in global corporations on modern IT solutions in the field of security, infrastructure, backend development and of course blockchain. And we also love analytics and structured business processes that allow us to achieve results.
We are not going to stop there. By 2025, our project should become fully decentralized. This is an extremely ambitious task, but the expertise and skills of our team are able to implement it. We will also create and develop completely new blockchain projects to strengthen our place in the global market and become a top blockchain developer.
We are not going to stop there. By 2025, our project should become fully decentralized. This is an extremely ambitious task, but the expertise and skills of our team are able to implement it. We will also create and develop completely new blockchain projects to strengthen our place in the global market and become a top blockchain developer.