#WTCCOIN WTC Token: Waltonchain's Blockchain+RFID Solution
Core Concept:
WTC (Waltoncoin) is the native cryptocurrency of Waltonchain a blockchain platform merging RFID tech with distributed ledgers to automate supply chains. It enables seamless tracking of goods from production to delivery via tamper-proof data.
Key Tech:
RFID Chips: Attached to products, generating real-time data (e.g., location, temperature).
Parent-Child Chain Architecture: Enhances scalability; child chains handle industry-specific needs (e.g., retail, logistics).
Proof of Stake & Trust (PoST): Hybrid consensus combining PoS with trust scores for energy efficiency and security.
Token Utility:
Network Fees: Pay for RFID data storage/transactions.
Staking: Earn rewards by securing the network.
Governance: Voting rights for protocol upgrades.
Child Chain Deployment: Required to launch custom industry chains.
Use Cases:
1. Anti-Counterfeiting: Verify luxury goods authenticity.
2. Smart Logistics: Track shipments in real-time.
3. Retail Inventory: Automate stock management.
Team & Progress:
Founded in 2016 by Korean/Chinese engineers.
Partnerships: Samsung (RFID chips), Chinese provincial governments (smart city projects).
Mainnet live since 2018; deployed in agriculture, apparel, and manufacturing.
Criticisms:
Delayed roadmap milestones.
Centralization concerns around parent chain control.
TL;DR: WTC powers a supply chain ecosystem where RFID sensors feed immutable data to a scalable blockchain. It rewards stakers, streamlines logistics, and combats fraud – but faces execution hurdles.
Token Details:
1: Symbol: WTC
2: Max Supply: 70 million
3: Blockchain: Waltonchain Mainnet
4: Use Cases: Supply chain, IoT, data integrity.
