The Waltonchain project aims to assist major enterprises coordinate data by tracking items at each stage of manufacturing and delivery. This data is saved on the blockchain, assuring its correctness regardless of where it is in the process, and the immutability of the blockchain ensures no third-party interference with the data.
Waltonchain is a project that uses blockchain with radio-frequency identification (RFID) technologies to enhance supply chain management. Waltonchain also intends to combine blockchain technology and the Internet of Things (IoT) to create a decentralized ecosystem of interconnectivity known as the Value Internet of Things (VIoT).
RFID tags are chips that transfer data back in response to a certain electromagnetic frequency. They are most typically used in inventory monitoring, library systems, and product kiosks because they do not require batteries or energy to function. RFID chips are tiny and inexpensive enough to be implanted in a wide range of items across several sectors. The RFID tag may then be scanned by anyone, bringing up all of the data on the product that can be discovered on the blockchain.
What is Waltonchain [WTC]?
Waltonchain is a blockchain that maintains RFID data throughout the supply chain. Waltoncoin (WTC) is the mainchain’s native cryptocurrency token, and users can create their own tokens on subchains.
Supply chain management is one of the most visible and visible uses of blockchain technology. From FedEx to Walmart, everyone is focusing on blockchain solutions to improve efficiency by lowering costs and friction. Projects like as VeChain Thor are also intensively focused on the issue, encompassing NFC and QR codes as well as moving into other corporate operating problems.
Who Are the Founders of Waltonchain [WTC]?
The Waltonchain team has a wealth of supply chain knowledge. One of the co-founders, Do Sanghyuk, was formerly the Director of the Korean Standard Products Association. Xu Fangcheng, the other co-founder, was the Supply Chain Management Director of Septwolves Group Ltd.
Kim Sukku, a former vice president of Samsung, serves as the team’s Chief Scientist Advisor.
Waltonchain has a slew of collaborations, including some with Chinese province governments. The company is collaborating with the Fujian government to establish a blockchain incubator for “smart marine” applications, as well as with the Jinhu government to develop smart air purification and monitoring devices.
What Makes Waltonchain Unique?
One of the Waltonchain token’s important characteristics is its ability for cross-chain swaps, every ledger-based swap between a child chain and the Waltoncoin is recorded. Other advantages include:
- Dividend-paying characteristics
- Major corporations with substantial sums of money to invest in Waltonchain
Where Can You Buy Waltonchain [WTC]?
If you’re wondering where to purchase Xeno Token, the main cryptocurrency exchanges for buying Xeno Token stock right now are Binance, OKX, Mandala Exchange, Huobi Global, and KuCoin.
Frequently Asked Questions
Can I Buy Waltonchain [WTC] With Cash?
No. There is no direct method to purchase Waltonchain using cash. You can, however, utilize markets such as LocalBitcoins to first acquire BTC, and then complete the remainder of the procedures by moving your BTC to the appropriate AltCoin exchangers.
Are there any quick ways to buy Waltonchain [WTC] in Europe?
Yes, in reality, Europe is one of the easiest countries to acquire cryptocurrency in general. There are also online banks where you can create an account and send funds to exchanges like Coinbase and Uphold.
On what factors does the price of the Waltonchain [WTC] Depend?
Exchange inflows and outflows, technical and fundamental changes, the news cycle, and the overall economic climate are all variables that impact XNS’ price and market cap.
Waltonchain Official website – http://www.waltonchain.org/
Waltonchain Twitter – https://twitter.com/Waltonchain
Waltonchain Reddit – https://reddit.com/r/waltonchain