Waltonchain is an Ethereum-based blockchain ecosystem that keeps track of RFID or radio frequency identification data all around the supply chain with the goal of managing the IoT or Internet of Things development. More specifically, Waltonchain uses RFID chips for IoT and integrates them with blockchain technology to attain authenticity, data integrity, traceability, big data analysis, and security.More
Waltonchain has its own patented and specially-developed RFID chips that are easy to embed into multiple products across different industries. Additionally, the network uses a hybrid consensus mechanism that is ideal for staking and mining: a combination of Proof-of-Work (PoW) and Proof-of-Stake (PoS); and the platform likewise integrates child chain and parent chain structures to counteract possible scalability problems.More
At Coinmerce you can easily and quickly buy Waltonchain (WTC) with a credit card. Of course, we also accept payment methods such as iDeal and Sofort.More
You want to buy Waltonchain? You can buy Waltonchain using Creditcard or SEPA at Coinmerce. Once you are logged in, you will see "Coins" in the top menu where you click on. Now you come to a page with all crypto coins that Coinmerce offers. If you don't see Waltonchain, use the search function to search for Waltonchain and click on the name. You can indicate for how many euros you want to buy Waltonchain in the right window. Below is shown how much Waltonchain you get for this. Have you entered the correct amount? Then click on "Buy". You can also execute a "Stop limit order" at Coinmerce. Our system will automatically buy Waltonchain when the price of Waltonchain reaches your entered value. You can also execute a repeating order. Do you want to buy Waltonchain with another crypto currency? Then you go to the cryptocurrency you want to pay with and click on "Swap" in the right window to indicate that you want to receive Waltonchain.
Chinese business management graduate Xu Fangcheng and Korean Do Sanghyuk are the founders of Waltonchain. Both have extensive knowledge and experience in significant industries. The platform is named after RFID technology inventor Charlie Walton. Also, WALTON is actually an acronym that stands for Wisdom Alters Label, Trade, Organization, and Network. Waltonchain held its initial coin offering the whole month of September in 2017. The crowdsale sold approximately 25,000,000 WTCT (the former name of the Waltonchain coin), which was equivalent to ETH coins worth approximately $10,000,00. Around 10,000,000 WTCT went to the founding team while 30,000,000 WTCT was set aside for mining. The Waltonchain combination of Proof-of-Stake and Proof-of-Work, along with the PoL or Proof-of-Labor consensus mechanism is a significant factor in the system. It is called the WPoC or Waltonchain Proof-of-Contribution. Master nodes in the Waltonchain network are classified into three, namely Super Master Noes of SMN, Guardian Master Nodes of GMN, and Master Nodes of MN.