Buy WaltonChain (WTC)
$0.26AUD
Market Cap
7.6M
24hr Trade Volume
1.2M
Circulating Supply
29.2M
More from this categoryView IoT assets
What is WaltonChain (WTC)?
WaltonChain is a blockchain infrastructure platform that uses radio-frequency identification (RFID) technology to develop Internet of Things (IOT) applications. Their RFID chips generate unique ID hashes that get uploaded to the blockchain. By combining these two concepts, users can build projects upon reliable real-world, timestamped data. Use cases for WaltonChain include tracking and verifying pharmaceutical blockchains, clothing industry supply chains, agriculture supply chains, warranties, and cloud applications.
The WTC token is used for governance activities, staking, and paying transaction fees for smart-contract executions. WaltonChain relies on a hybrid proof of work and proof of stake consensus mechanism to secure its blockchain.
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