WTC currency is an abbreviation for Waltonchain, a project based on blockchain technology aimed at integrating blockchain technology with the Internet of Things (IoT), especially in areas such as supply chain management.
Basic information about Waltonchain (WTC):
Full name: Waltonchain (named after Charles Walton, the inventor of RFID technology).
Symbol: WTC
Network: It relies on its own blockchain, and was initially built on the Ethereum network (ERC-20), but later transitioned to its own network.
Uses:
Tracking products through the supply chain.
Connecting real products to the digital world through RFID technology.
Facilitating authentication and authenticity processes.
Current status:
As of recent years, WTC currency has lost much of its momentum and significance in the cryptocurrency market, and its market value has significantly decreased. The project faced challenges in implementation, lost much community support, and is currently not considered one of the impactful currencies.
