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Stalinabad, Tajikistan.
1 Level
152 Review
24 Karma

Review on Waltonchain by Jesmin Akter

Revainrating 4 out of 5

In-depth overview and analysis of Waltonchain.

Through the use of complex and scattered solutions, Waltonchain hopes to contribute to the improvement of global logistics and supply chain management. As a result, organizations and businesses are unable to effectively coordinate their activities across many supply chains, as well as maintain a consistent and safe method of operations.



WaltonChain, as a pioneer in blockchain and Internet of Things (IoT) technology, applies real-world applications to improve and change the industries. Their solutions mix in Radio Frequency Identification (RFID) chips with blockchain technology to fulfill the promise of IoT. In order to seamlessly link the physical and digital worlds, the WaltonChain application system combines blockchain technology and RFID chip hardware, making it impossible to falsify information and easy to update. WTC examined a variety of industrial application situations and issues, and established a strong basis by providing a data link for them across different industries. Each company has the ability to establish and construct their own sub-chains according to their own requirements, thanks to a parent chain and child chain structure.



This results in WTC coins being created as a kind of money via transactions on the Walton network and Walton's child chain. As the ecology of Walton evolves, it is possible that more companies will be supported. As a result, the number of tokens they own will gradually grow.. As a result, it is anticipated that demand would rise. Among the business ecosystem's tokens, WTC is the only one that is both unique and exclusive since it is connected to the parent chain. In order to accommodate any kind of advanced cross-child-chain technology attachment transfer and asset exchange, the WTC will be needed. As the ecosystem becomes more established, the need for business WTC should continue to rise.



In terms of the projects' long-term value, Waltonchain has shown to be quite stable and dependable, since it incorporates cutting-edge technology to change many sectors. Further, since WTC sub-chains and a node system may be expected to generate a natural increase in the value of WTC, long-term holders will see WTC as desirable. Although some in the crypto community are wary about the initiative, due to past associations with the parent company in China, Waltonchain may appeal to investors looking for a deeper dig into the concept.

Pros
  • Exceptional technology.
  • It has practical use.
  • Supported by a seasoned professional.
Cons
  • It's not always easy to get information about the project.