Walton Token (WTC)
The Chinese blockchain project Walton (WTC), founded by Asian specialists at the end of 2016, received its name in honor of Charles Walton, the creator of RFID technology.
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Official website - waltonchain.org
Description of RFID technology
What is RFID? These are tiny tags, about the size of a grain of rice, that can be embedded in most objects and then read as a sensor. This technology is preferable to barcodes.
Systems based on RFID technology track information on the blockchain (both in the manufacturing process and in retail) through radio frequency identification. This allows the supply chain to become decentralized. At the same time, the history of the “product” is not lost, which can be used to track production errors and reduce costs. The use of RFID technology also makes it possible to simplify the production process and create access to a decentralized center.
In the Walton ecosystem, the main chain is called waltonchain. The cryptocurrency used on the network for circulation and payment was named similarly - waltoncoin (WTC). It is based on the concept of “Internet of things”, combining real goods and a virtual network. The total number of coins is fixed and is 100 000 000.
Benefits, goals and objectives of Walton (WTC)
Walton (WTC) is a completely open ecosystem whose main goal is complex data exchange. The goal of the project developers is to involve real businesses in the virtual community.
Walton system software (WTC) contains:
- Walton protocol;
- Waltonchain software system;
- WTC virtual coins .
The main advantages of Walton are:
- the desire to eliminate any copyright infringement;
- a significant reduction in labor intensity; < li>high confidentiality;
- simplified updating of data in the blockchain;
- having your own token.
Anyone can invest in the development of the project.
Where to buy Walton cryptocurrency (WTC)
Buy Walton cryptocurrency (WTC) offers 6 crypto exchanges: Allcoin, Binance, Decentrex, EtherDelta, HitBTC and Kucoin. However, more than 95% of the total volume of trading in this currency is carried out on the top Binance, where the Walton cryptocurrency (WTC) is purchased for Ethereum and Bitcoin.
Where to store Walton cryptocurrency (WTC)
A cryptocurrency exchange wallet can be used to store WTC tokens. This method should be chosen by those users who often make purchases or sales. And for those who are interested in long-term storage of currency, it is recommended to use any wallet option (from cloud to hardware).
Conclusion
A review of the Walton cryptocurrency (WTC) allows us to conclude that this project is a find with many interesting ideas and advantages. The financial and economic prospects of the Walton cryptocurrency (WTC) are really high.
The cost of the WTC token at the beginning of February 2018 was $24. Today, this cryptocurrency feels quite confident in the market, so we can assume that its price will continue to rise in the future.