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Waltonchain (WTC)

Waltonchain is a unique platform which combines RFID (radio-frequency identification) and blockchain technology to create a powerful IoT (internet of things) network. Waltonchain refers to their IoT network to the Value Internet of Things (VIot). This network aims to use blockchain to create a decentralized transaction record and storage technology based on cryptographic principles. Using the VIot, Waltonchain hopes to connect physical items to the digital world with very low cost tracking systems.

Amongst other things, this will enable businesses to passively and cheaply collect a huge amount of data about any type of physical product.

For further discussion on what exactly Waltonchain is, potential use cases and potential downsides of the technology, see “Waltonchain: An Interconnection Between the Physical and Virtual Ecosystems” and “Match Made in Blockchain: Waltonchain + Request Network”. For further reading on their technology, read their whitepaper.

Top News

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Ripple CEO Reveals, They Sign more than 30 Deals a Quarter

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Cryptos Under Green Signal After CFTC Head Speaks For Ethereum Future

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