Review on Waltonchain by Mr Benji

Name: Waltonchain
Item: Waltonchain
Rating: 5

March 20, 2019

They want to connect IoT (internet of things) and blockchain. They are…

They want to connect IoT (internet of things) and blockchain. They are targeting farming or clothing when they want to deal with fakes. The special RFID chips should tag product and protect users from fakes or outdated products. There is a possibility to do a multiple chain connecting them into one to make one big structure. They are using PoW, PoS and PoL. However these kind of a project with "great" idea and very intentions not often end up well.
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Updated 5 years ago

Rating changed from 3 to 5

Since my review about this project the grow was tremendous here are some highlights:
- Waltonchain Korea Cooperates with Smart C&I to Promote Smart City Development in Southeast Asia
- On January 10, President of Walton Blockchain Institute Mr. Kong Jong Ryul and Chairman of Korea FinTech Industry Association Network Alliance (K-FiNNeT) Mr. Hong Jun Yeong reached a cooperation agreement on joint cultivation of blockchain talents.
- Team Token Lockup Extension for 6 Months
- Mainnet Upgrade
- Announcement on KirinPool Fee Exemption for SMN, GMN and MN
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Pros

+ Good idea that is solution for real world problem + Big activity on github + Bamboo wallet + Listen on lot of a major exchanges

Cons

- Not so good of a website - All these project that are not solving IT problems are risky for me and hard to pull of on a big scale - White paper is not so good super few real information about project - Some project that we can consider as similar VeChain, Wabi