Waltonchain Description
Waltonchain is the underlying public-private business ecochain. It uses RFID technology to create a unique combination of Blockchain and the Internet of Things. Merchants can create custom child chains and monitor logistics, production, and retail circulation of all commodities on this ecochain. Waltonchain is a business ecochain that ensures all data is authentic and credible. All physical commodities in circulation are automatically recorded to the blockchain using the self-developed reader chip/tag chip. Waltonchain prevents human interference and minimizes the possibility of data tampering. It creates a new-generation, fair, transparent, traceable, and credible business ecosystem. Waltonchain's technical team has created a smart RFID reader-writer that is protected by intellectual property. It can automatically collect data, process it, and upload it to blockchain.