Rank #6400
wtc Waltonchain
$ 0.003614
0.073556 BTC
3 satoshies
Market Cap
105,483.438 $
24 Hour Trading Vol
4.4788 $
Circulating Supply
29,18 MLN.
Total Supply
70,00 MLN.
Max Supply
-
Fully Diluted Valuation
253,020 $
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About Coin
Waltonchain is a genuine, trustworthy and traceable business ecosystem with complete data sharing and absolute information transparency. It is created by the combination of technologies of RFID and blockchain, which push forwards the integration of block chain and the Internet of Things.
Waltonchain combines blockchain with IoT (specifically RFID) to create a management system for supply chains. The project is named after Charlie Walton, the inventor of RFID technology and a pioneer in the space. Logistics systems are complex and commonly involve several different parties. As these systems grow, it becomes increasingly tough for businesses in the same vertical to coordinate with each other. On top of that, individual entities may have different processes that further hinder the ability to transfer data back and forth. Waltonchain uses RFID identification to track products during each step of production and distribution.
The data associated with each item is stored on an immutable blockchain that ensures its accuracy no matter where in the process it is.The Waltonchain team is loaded with supply chain experience. Do Sanghyuk, one of the co-founders, was previously the Director of the Korean Standard Products Association. The other co-founder, Xu Fangcheng was the Supply Chain Management Director of Septwolves Group Ltd. The team is getting support from their Chief Scientist Advisor, Kim Sukku – a former vice president of Samsung. Waltonchain has no shortage of partnerships – several of which are with Chinese provincial governments. The team is working with the Fujian government to create a “smart maritime” blockchain incubator, and with the Jinhu government to build smart air purification and monitoring systems.
The Waltonchain architecture makes use of a novel consensus mechanism known as Proof-of-Stake & Trust (PoST). Waltonchain innovates on the traditional proof-of-stake (PoS) model and integrates a node reputation based system into the consensus mechanism. PoST provides for adjustable difficulty for each node, to ensure that integrity in the ecosystem is rewarded. Waltonchain also gives sub-chain developers the option to choose their own consensus mechanism, for example, sub-chains can strictly just have PoS as a consensus mechanism, and not PoST. Waltonchain, by use of its RFID technology, has introduced a novel way with which blockchain can solve not only the inefficiencies found with supply chain management, but also IoT.
What is the highest value Waltonchain (WTC) has ever reached?
Waltonchain (WTC) reached its peak price at 41.15 $ on 27 January 2018, approximately 7 years ago ago. Presently, the current price is -99.99% lower than this all-time high.
What is the historical minimum price for Waltonchain (WTC)?
The minimum price reached for Waltonchain (WTC) was 0.000094 $, documented on 06 December 2024, more than 6 months ago. In comparison, the current price is 3,745.29%, it above this historical low.
What is the fully diluted valuation of Waltonchain (WTC)?
The fully diluted valuation (FDV) of Waltonchain (WTC) stands at $ 253,020. This figure reflects the maximum potential market capitalization, considering that the current circulating supply is at its maximum of WTC tokens. The realization of this FDV might take several years depending on the emission schedule of WTC tokens.
How to add Waltonchain (WTC) to MetaMask?
By integrating Waltonchain (WTC) into MetaMask, you gain access to features like monitoring your token balances and trading on decentralized exchanges. To do this, you'll need to import WTC as a token. You can either manually import WTC by copying its contract address (0xb7cb1c96db6b22b0d3d9536e0108d062bd488f74) or use MetaMask's Chrome extension to add WTC with a single click through P.CASH.
How to add Waltonchain (WTC) to TrustWallet?
Incorporating Waltonchain (WTC) into your TrustWallet setup enables you to monitor your token holdings and engage in decentralized exchange transactions, among other functions. To include WTC, you can either manually import it using the contract address (0xb7cb1c96db6b22b0d3d9536e0108d062bd488f74) or conveniently add it to Trust Wallet with just one click via P.CASH if you've installed Trust Wallet's Chrome extension.
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