WaltonChain aims at building a blockchain infrastructure that leverages radio-frequency identification (“RFID”) technology to facilitate the development of Internet of Things. It aims to incorporate physical assets into the blockchain automatically.
The Walton team develops and produces Transaction ID-reading RFID chips, which can generate their own random ID hashes that are uploaded simultaneously to the blockchain via their RFID reader. This translates to enhanced operational efficiency, especially for supply chain use cases such high-end clothing identification, food & drug traceability, and logistics tracking.
Where to buy WaltonChain
The top cryptocurrency exchanges to buy WaltonChain are currently Binance, OKX, KuCoin, Huobi Global and HitBTC.
In Conclusion
WaltonChain is an ETHereum technology that melds blockchain, RFID technology and IoT (Internet of Things). It incorporates a hybrid consensus mechanism with Proof of Work and Proof of Stake.
