Waltonchain Price today
Waltonchain, also known as WTC, has a price today of 1,58$ and a market capitalization of 110.672.016$, which is 0,04% of the total. Waltonchain has a total of 70.000.000 coins in circulation.
In the last 24 hours, the price of Waltonchain has decreased -0,06$, which is -3,54% of its valuation.
What is Waltonchain?
Waltonchain is a project which is a combination of blockchain technology and RFID-Radio Frequency IDentification technology. Its main goal is the improvement of supply chain management. Waltonchain also targets to create a decentralized ecosystem of interconnectivity.
For that, it integrates blockchain technology and the Internet of Things (IoT). Waltonchain refers to it as the Value Internet of Things (VIoT). Waltonchain is named after Charlie Walton. He was the inventor of RFID technology.
RFID is a technology of simple process. It uses small chips connected to some objects to attach a digital identity to those real-world objects through electromagnetic fields.
IoT is basically for communication and information exchange between physical devices which are connected via the internet network. Those connected physical devices must need verification under the same IoT service provider.
The VIoT can provide decentralized access to the blockchain using RFID technology after hosting an IoT network on the blockchain. Waltonchain ’s blockchain is an open source platform. It records all the transaction in its chain.
Waltonchaon has its own token or asset named Walton coin. Users can use it as the medium of payment within the Waltonchain ecosystem. Waltonchain has its own chain and sub chain for proper management.
- Waltonchain uses RFID technology to improve supply chain management, gather huge data and retail stock management.
- Users can use Waltoncoin as a currency, a store of value and a unit of measure for credit of the IoT.
- It also provides a sub-chain token and parent token transactions, sub-chain native token transactions, and cross sub-chain token transactions.
The Waltonchain architecture uses the Proof-of-Stake & Trust (PoST) mechanism. Waltonchain runs on its own parent chain called Walton chain and sub chains technology. Its sub chains choose between PosT and PoS. The parent chain provides sub-chain management, Waltoncoin transaction management, distributed voting, distributed asset exchange, governance systems and smart contract execution.Visit website open_in_new
|Price in BTC||0.00016367 BTC|
|Current Supply||70.000.000 WTC|
|Total Supply||70.000.000 WTC|
|24h Volume (coin)||29 WTC|
|24h Volume (currency)||$50|
|Last updated||2019-07-24 06:46:07 +01:00 BST|
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