Waltonchain Review: What’s up With WTC??

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β–Ί Complete Review: https://www.coinbureau.com/review/waltonchain-wtc/

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⛓️ πŸ”— Helpful Links πŸ”— ⛓️

β–Ί Website: http://www.waltonchain.org/
β–Ί Whitepaper: https://www.waltonchain.org/en/Uploads/2019-04-25/5cc171763aebb.pdf
β–Ί GitHub: https://github.com/WaltonChain

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πŸ“±οΈ Socials πŸ“±

β–Ί Blog: https://medium.com/@Waltonchain_EN
β–Ί Twitter: https://twitter.com/Waltonchain
β–Ί Telegram: https://t.me/waltonchain_en

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πŸ“ Project Overview πŸ“

Waltonchain is a project that is combining blockchain technology with IoT. They want to leverage the power of the blockchain when it comes to supply chain management.

βš™οΈ Technology βš™οΈ

Through the use of RFID (that’s Radio Frequency Identification) and blockchain, records of physical products can now be stored in a secure and immutable digital form.

So, once the data has been tracked it has to move onto a subchain.

Each company that wants to set up their own tracking system on the Waltonchain network will do so in their own sub-chain.

On these sub chains, consensus is achieved through the use of a mechanism called β€œProof of Labor”.

The Waltonchain main-chain uses a Proof of Work / Proof of stake hybrid.

πŸ’°οΈ Token πŸ’°

The Native token on the Waltonchain network is WTC and this acts as the fuel on the network.

These tokens will be used for amoung other things, staking, issuing subchains and voting.

These were initially issued on the Ethereum blockchain but have since moved onto the main net as a native coin.

πŸ‘¨β€πŸ’»οΈ Team, Partners & Development πŸ‘¨β€πŸ’»

Waltonchain is based in Korea and China and was initially launched in 2016.

The founders have extensive experience in supply chain management and product safety. There have also been a number of partners that have got on board with Waltonchain.

πŸ“ˆ Trading & Wallets πŸ“ˆ

Currently, WTC is listed on a number of exchanges including Binance, LATOKEN, Huobi OkEX etc.

The Bulk of the volume is taking place on Binance with healthy liquidity.

Depending on which token variant you have, there are a host of storage options.

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πŸ“œ Disclaimer πŸ“œ

The information contained herein is for informational purposes only. Nothing herein shall be construed to be financial legal or tax advice. The content of this video is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. Trading Forex, cryptocurrencies and CFDs poses considerable risk of loss. The speaker does not guarantee any particular outcome.

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