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WebAssembly, shortened as WASM, is a performance optimized solution enabling web applications to run at a near-native speed. It is a cutting-edge technology with the current state as an MVP (minimum viable product), not the final version of WASM. Even though the standard is still evolving and new features are being added, the current, MVP version of WASM is guaranteed to be compatible with future releases. 
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WebAssembly

What is WebAssembly “WebAssembly is a new type of code that can be run in modern web browsers — it is a low-level assembly-like language with a compact binary format that runs with near-native performance and provides languages such as C/C++ with a compilation target so that they can run on the web. It is also designed to run alongside JavaScript, allowing both to work together.” - Mozilla Developers Network.
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Netguru Codestories | WebAssembly