Review on Waltonchain by Toprak Dere
About Waltonchain
Waltonchain; It combines blockchain with IoT (especially RFID) to create a management system for supply chains. Waltonchain; It uses RFID identification to track products at every step of production and distribution. The data associated with each item is stored in an immutable blockchain that ensures accuracy no matter where in the transaction.
Waltonchain is a solid project with an experienced team of more than 20 members dedicated to its success. The company currently has many important partnerships with government organizations and private sector companies.
More than just a supply chain platform, Waltonchain provides the technology for corporate businesses to build their own sub-chains and leverage the Walton main chain.
While not currently valued as high as some of its competitors, Waltonchain looks poised to break through the next few years, with partnerships and an ambitious development roadmap.
Pros
- Waltonchain, one of the most notable crypto currencies of recent times, is part of the Value of Internet of Things (VIoT) ecosystem, which aims to unite Blockchain with the real world.
- Anti-counterfeiting protection with RFID identification
- With Waltonchain, a simple scan of the RFID tag provides you with all the information you need to know. What the product is, where it is, who is handled by it, and other important data are all stored on the blockchain through these tags.
Cons
- not listed in most exchanges
