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Revainrating 4 out of 5

Integrating Blockchain with the IoT - Waltonchain

Waltonchain is a decentralized platform that integrates the internet of things into blockchain using RFID technology. They have a unique RFID chip that is able to read/write directly to the blockchain without human intervention. This creates a real decentralized blockchain enabling trust and traceable business ecosystem. It also allows information transparency and data sharing. Walton Chain aims to combine RFID and blockchain technology to help manage supply chains. It basically decentralizes…

Pros
  • Their combination of hardware (RFID chip), software, child, and parent blockchain technology is truly unique.
  • Their RFID chips can hold private keys and can generate transactions on chips. They are bringing value to the business world by allowing businesses to start their blockchain product with ease.
  • Some big companies can bring a large sum of money into Waltonchain.
  • Their team is quite impressive, one of the biggest team’s on a project to date. This is very reassuring considering that they bring a massive amount of experience to the project.
  • The Waltonchain Ecosystem WTC will have multiple functions like - Issuing sub chains Dividend interest Credit and mortgage system Distributed asset exchange
Cons
  • They aren’t focused on marketing their product. This can slow the project down as a whole especially while other companies continue to push further into blockchain. Neo also had bad marketing when they first started but once they have gained attention, they moved up rather quickly.

In such circumstances, the technologies presented by the Walton developers simplify the transition and provide a safe and secure environment for business relations, which in the future will ensure the growth of the popularity of this platform. At the current stage, the Walton project has successfully spread to the garment industry in China. The platform creates excellent conditions for doing business on an industrial scale, which makes it popular not only among businesses, but also for large…

Pros
  • (+)- high level of security and reliability of the system, developed on the basis of combining advanced technologies; (+)- transparency functionality and the publicity in which are created the ability to monitor any operations; (+)- copy and plagiarism protection, copyright support; (+)- the ability to reduce labor costs. (+)- interaction with additional chains, billing; (+)- accrual of interest on dividends; (+)- providing functionality for the credit and mortgage system; (+)- exchange of distributed assets within the business ecosystem; (+)- providing a distributed system for voting and project management; (+)- creation and support of a decentralized framework for data exchange.
Cons
  • There are no main disadvantages, as this project successfully fulfills its promises! I can only wish you luck!

https://www.waltonchain.org A dot ORG domain for a blockchain project is the only thing that looks behind here. Everything else is streets ahead. Directly addressing the Internet of Things as a present and functional sphere rather than an idea, this group shows valueable insight into the tech and business crosshatches.

Pros
  • RFID asset tracking + Blockchain = WALTONCHAIN. Financials look to guarantee inflation and abandonment of failing child tokens, but also allows for escape from guaranteed inflation. Still with me? This platform looks to inherently assume that there will be abandoned child tokens, but knowing this, expecting this, allowing for this, they show intellect in design and consideration for their customers. Excellent hallmarks for any company; or ecosystem.
Cons
  • Practical Byzantine Fault Tolerance instead of Asynchronous. Is this better? I'm legit asking because I don't know. Someone will comment at some point. Thanks, OP of the future.