WTC Coin (Waltonchain)
Pros:
1. Real-world Application:Waltonchain integrates blockchain with the Internet of Things (IoT), particularly using RFID technology. This makes it useful for supply chain management, allowing for transparent, secure tracking of goods from origin to destination.
2. Strong Technology Framework:The project is built on a unique parent-child chain architecture, which allows businesses to build their own side chains for customized use without congesting the main network.
3. Partnership Potential:Waltonchain has historically aimed to partner with large-scale industries in manufacturing, logistics, and retail—sectors that can benefit from its traceability solutions.
Cons;
1. Market Competition: WTC faces tough competition from other blockchain projects in the supply chain space like VeChain, which has broader adoption and more high-profile partnerships.
2. Past Controversies: The project has suffered from issues related to marketing missteps and accusations of fake partnership announcements in the past, which damaged community trust.
3. Limited Adoption: Despite its promise, real-world adoption and visibility have been slower than expected. This raises concerns about long-term viability in a fast-evolving blockchain landscape.
