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✓Value IoT ecosystem
✓Blockchain technology
✓Cross-chain technology
The Walton chain was built, deployed and put on the parent chain in 2018. At the same time, it also developed and launched the client application of the Walton chain. The nodes on the Walton chain can exchange certificates and participate in the maintainance of the main chain.
The Walton chain is about to be completed and a cross-chain architecture deployed. The sub-chain is connected to the parent chain. The data on the sub-chain can be uploaded to the parent chain. The pass-through of the sub-chain passes through the cross-chain mechanism and the Walton chain. The exchange is interchangeable and can be further exchanged with other sub-chains.
Waltonchain is building an ecosystem that melds blockchain, RFID technology, and IoT (Internet of Things). The Walton team develops and produces Transaction ID-reading RFID chips, which can generate their own random ID hashes that are uploaded simultaneously to the blockchain via their RFID reader. This translates to enhanced operational efficiency, especially for supply chain use cases such high-end clothing identification, food & drug traceability, and logistics tracking.
Waltonchain is a joint Chinese and Korean project that aims to combine blockchain technology and radio frequency identification (RFID) to track items and improve supply chain management. Walton seeks to seamlessly blend the people and digital reality through the Value Internet of Things (VIoT).
The token used for circulation and payment within the Walton ecosystem is the Walton Coin (WTC), which can be used to issue subchains, provide dividend interest and act as a credit and mortgage system.
By attaching small RFID tags with unique IDs to objects, those objects can easily be identified with information logged on the blockchain. This should then allow companies to track their products on the blockchain, with the end goal being to cheaply improve supply chain management and stop the production and sale of counterfeit goods. All noble and valid reasons to buy WTC. Walton’s Chinese and Korean developers hope their technology will be able to streamline the entire supply chain process, from manufacture right through to the retail experience.
If you buy WTC you are buying into a blockchain system that will have significant real world application. Think monitoring the transportation of products and eliminating counterfeit products, keeping track of stock in store and tracking purchase preferences of buyers. Waltonchain technology could potentially offer benefits across a number of industries - think fashion and clothing, storage, logistics and shipping, liquor, automotive, retail and waste management. And, when you buy WTC and move into the network, potentially many more.
When you buy WTC the tokens are used for circulation and payment in the Waltonchain ecosystem. WTC’s main uses include issuing sub-chains, paying dividend interest, providing a credit and mortgage system and distributed asset exchange.
As with most cryptocurrencies, when you decide to buy WTC, the best way is to buy WTC is through establishing an account with a cryptocurrency exchange. It is always advisable to do your homework and decide on your list of priorities when choosing an exchange from who to buy WTC. Look for one that is well established and offers many services - in particular great customer assistance.
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