Sep 1, 2017 12:33 PM
(This post was last modified: Sep 24, 2017 07:05 AM by d4rkj4y.)
Currently trading on Binance.... They own patents on RFID technology and will run the Internet of Things in China... They pay dividends, former Samsung Vice President is on the team along with other all star Chinese tech people, 20,000,000 coins in circulation and 100,000,000 max supply. Since they own patents on RFID tech all upcoming tech companies like #TenX #Monaco #IoTA #uTrust and all other companies using RFID tech will have to pay and rely on Walton Chain since they own RFID patents... This will be massive!!! The price has gone up from 50 cents to $1 over night... They are backed by the Chinese Government as well.
Here is the whitepaper - http://www.waltonchain.org/upload/1498722281869.pdf
This is a very good buy, do your research. Price currently $1.45USD or 0.000300BTC.
![[Image: e8b26d7239ae5e62982bc0313ed994df.png]](https://i.gyazo.com/e8b26d7239ae5e62982bc0313ed994df.png)
https://coinmarketcap.com/currencies/walton/
FAQ - from Bitcointalk thread.
What is the WALTONCHAIN?
WALTONCHAIN （“沃尔顿链” in Chinese, or WTC for short） 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 block chain，which push forwards the integration of block chain and the Internet of Things.
Can you summarize what WALTONCHAIN is for in only one sentence?
To address the bottleneck problem of the business application of the block chain -- how to incorporate physical assets into the block chain automatically. Please refer to the White Paper of WALTON at http://www.waltonchain.org for more details.
What's the total issuance volume of Walton Coin?
The total issuance volume of Walton Coin is 100 million coins with no further issuance in any case.
Why is there a pre-sale for the ICO of Walton Coin, and how to participate in it exactly?
Recently, many of the ICOs of premium block chain projects encountered the situation that “the major customer makes a block booking”. But the WALTONCHAIN is a public block chain ready for rapid business application, which requires a large number of participants. The commercial value of the WALTONCHAIN will be higher with more participants. In order to let more participants join the WALTONCHAIN, its officials plan to conduct a three- day pre-sale of 5% - 10% of total amount of Walton Coin. The procedure of participation is to become a registered user of the official website firstly, and then proceed with subsequent actions according to the instructions on the successful registration page. In the pre-sale phase, the maximum investment quota for each participant is relatively small, so as to guarantee that more participants will be able to join the WALTONCHAIN. Specific details of pre-sale will be announced later. Please take heed of the WALTONCHAIN official website for further notice.
How does the WALTONCHAIN Foundation ensure the security of the fund?
All the funds raised from this public offering will be deposited into a multi-signature wallet, and its encryption key will be held by all the persons in charge and management personnel of the WALTONCHAIN Foundation. What’s more, any transfers of money must be examined and verified by several people.
How the money raised through ICO is used?
Content of Project——Percentage (100%)
R&D, testing and production of RFID tag chip——15%
R&D, testing and production of RFID reader-writer chip——20%
Design and test of RFID system scheme——15%
Development of application platform of project chain ——15%
Salaries and rewards of R&D personnel——20%
Salaries of other personnel, and costs of operation，maintenance and material——8%
Promotion of system application scheme——7%
What are the technical advantages of WALTONCHAIN?
1. High security;
2. It is possible to truly trace back to its source;
3. It is possible to achieve the anti-counterfeiting goal;
4. Realize the decentralization with less demanding requirements for credence;
5. Reduce labor costs.
What is the value of WALTON Coin?
1. It can be used as currency to purchase related commodities;
2. It can be used as the unit of measurement for credit of the Internet of Things;
3. It can be used as the unit of measurement for the workload or quality of the Internet of Things;
4. It can be used as the storage of value or the value transfer method；
5. It enjoys high popularity and increasing demands, while the issuance volume is fixed; thus, the potential of its appreciation is tremendous.
What kinds of chips are involved in the WALTON project?
It involves two types of chips: the RFID tag chip and the reader-writer main control chip.
What are the advantages of the RFID tag chip designed in this project?
Compared with traditional RFID tag chip, the RFID tag chip designed in the project has the following advantages:
1. A dissymmetric encryption and decryption module is integrated into the tag chip of this project, bringing out safer tag communication;
2．A dedicated storage space is integrated into the tag chip of this project for the storage of hash value of tag status and key information, which makes the tag content truly tamper-resistant;
3. The tag chip of this project adopts the low voltage and low power consumption design, and applies advanced technology; though with an increased size of design, its power consumption is lower than that of traditional design;
4.The anti-collision logic is added to the design scheme of the tag chip of this project. As a result, the collision probability is lower, and the probability of skipping - reading is significantly reduced.
What are the advantages of the RFID reader-writer main control chip designed in this project?
Compared with traditional RFID reader-writer chip, the RFID reader-writer chip designed in the project has the following advantages:
1. A dissymmetric encryption and decryption module is integrated into the reader-writer chip of this project, and this module makes the communication safer when reading and writing the tag;
2. A processing logic of hash function is integrated into the reader-writer chip of this project, capable of hashing the key information of tag. The hash value generated is written back to the tag, so that the tag information is truly tamper-resistant;
3. A relevant processing logic is added to the reader-writer chip of this project in accordance with the characteristic of block chain; it plays a role similar to the miner to share the workload of the chain, and the reader-writer may serve as a node in the chain;
4. The reader-writer chip of this project truly combines the block chain and the Internet of Things, bringing the assets into the chain in a genuine and reliable way; and it offers strong support for the asset management, warehousing, and logistics and other applications.
What are the competitive advantages of the RFID system schemes of this project?
1. The RFID system scheme in this project has already been successfully applied to the closed-loop system of each link, such as the production, logistics and warehousing and chain stores and so on in the garment industry and the manufacturing sectors for years. The executive team is well experienced in related industries, and capable of ensuring the good quality and effect of specific project implementation;
2. The enterprise standardization system established by the team in the industry application has become systemic industry standards. It’s easy for the wide application of the project and very likely to replicate.
Why choose the application of garment industry as the breakthrough point in Phase 1.0 of this project?
1．The RFID tag has achieved the management of item level in the application of garment industry. Hence, the number of usage is enormous. Large amounts of experimental data can be obtained easily in the development and early application of the chip, as a result of which the chip and system technologies will mature quickly ;
2. Many core members of the team have years of industry experience in the field of garment, and they are also familiar with the garment industry, the application of RFID intelligent system, and the promotion of software informationization products and other areas. With abundant resources of customer channels, the upfront cost of customer development is low. Therefore, it is possible to enter the market rapidly and to build up customer base in early days.
What is the difference between the WALTON project and the security traceability block chain project like the Inchain?
The WALTON project adopts the scheme of the combination of hardware and software. While, other security traceability block chain projects have no hardware. Therefore，the scheme of the WALTON project is intrinsically different from that of other projects in that:
1. The memory of tag chip of this project contains the hash value of tag status and critical data, making sure that the tag content is tamper-resistant;
2. The tag and reader-writer, as well as the WALTONCHAIN platform, make sure truly anti-counterfeiting and traceable to the source on the whole;
3. From the commercial value point of view, the WALTONCHAIN uses the RFID system as its carrier, and the wide popularization of RFID system is an irreversible mega-trend; its tremendous commercial value is foreseeable as a growing number of merchants will adopt the RFID system in the future, and the number of users of WALTONCHAIN will be increasing continuously.
Both WALTON and Sigma project involve the chip, what is the difference between them?
The chip of Sigma project is mainly used as the miner, but not a major element for business application. But there are two kinds of chips in the WALTON project -- RFID tag chip and reader - writer main control chip. RFID tag chip is the interface on the commodity side to upload the physical commodity to the chain. In other words, each commodity (such as the garment hangtag, care label and so on in the Phase 1.0 of this project) with a RFID tag chip in the future can upload relevant data to the chain through data exchange with the reader - writer, with no manual intervention needed. Reader - writer main control chip is the interface on the server side to upload the physical commodity to the chain. It may serve as the node of the main chain or child chain of WALTONCHAIN. As the number of merchants using the RFID system increases, there will be more and more nodes of WALTONCHAIN accordingly，and the robustness of the whole system will become better and better. As stated above, the chip of WALTON project is the vital element of the whole system, and closely related to the furfure business application.
https://bitcointalk.org/index.php?topic=2127069.0
Here is the whitepaper - http://www.waltonchain.org/upload/1498722281869.pdf
This is a very good buy, do your research. Price currently $1.45USD or 0.000300BTC.
https://coinmarketcap.com/currencies/walton/
FAQ - from Bitcointalk thread.
What is the WALTONCHAIN?
WALTONCHAIN （“沃尔顿链” in Chinese, or WTC for short） 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 block chain，which push forwards the integration of block chain and the Internet of Things.
Can you summarize what WALTONCHAIN is for in only one sentence?
To address the bottleneck problem of the business application of the block chain -- how to incorporate physical assets into the block chain automatically. Please refer to the White Paper of WALTON at http://www.waltonchain.org for more details.
What's the total issuance volume of Walton Coin?
The total issuance volume of Walton Coin is 100 million coins with no further issuance in any case.
Why is there a pre-sale for the ICO of Walton Coin, and how to participate in it exactly?
Recently, many of the ICOs of premium block chain projects encountered the situation that “the major customer makes a block booking”. But the WALTONCHAIN is a public block chain ready for rapid business application, which requires a large number of participants. The commercial value of the WALTONCHAIN will be higher with more participants. In order to let more participants join the WALTONCHAIN, its officials plan to conduct a three- day pre-sale of 5% - 10% of total amount of Walton Coin. The procedure of participation is to become a registered user of the official website firstly, and then proceed with subsequent actions according to the instructions on the successful registration page. In the pre-sale phase, the maximum investment quota for each participant is relatively small, so as to guarantee that more participants will be able to join the WALTONCHAIN. Specific details of pre-sale will be announced later. Please take heed of the WALTONCHAIN official website for further notice.
How does the WALTONCHAIN Foundation ensure the security of the fund?
All the funds raised from this public offering will be deposited into a multi-signature wallet, and its encryption key will be held by all the persons in charge and management personnel of the WALTONCHAIN Foundation. What’s more, any transfers of money must be examined and verified by several people.
How the money raised through ICO is used?
Content of Project——Percentage (100%)
R&D, testing and production of RFID tag chip——15%
R&D, testing and production of RFID reader-writer chip——20%
Design and test of RFID system scheme——15%
Development of application platform of project chain ——15%
Salaries and rewards of R&D personnel——20%
Salaries of other personnel, and costs of operation，maintenance and material——8%
Promotion of system application scheme——7%
What are the technical advantages of WALTONCHAIN?
1. High security;
2. It is possible to truly trace back to its source;
3. It is possible to achieve the anti-counterfeiting goal;
4. Realize the decentralization with less demanding requirements for credence;
5. Reduce labor costs.
What is the value of WALTON Coin?
1. It can be used as currency to purchase related commodities;
2. It can be used as the unit of measurement for credit of the Internet of Things;
3. It can be used as the unit of measurement for the workload or quality of the Internet of Things;
4. It can be used as the storage of value or the value transfer method；
5. It enjoys high popularity and increasing demands, while the issuance volume is fixed; thus, the potential of its appreciation is tremendous.
What kinds of chips are involved in the WALTON project?
It involves two types of chips: the RFID tag chip and the reader-writer main control chip.
What are the advantages of the RFID tag chip designed in this project?
Compared with traditional RFID tag chip, the RFID tag chip designed in the project has the following advantages:
1. A dissymmetric encryption and decryption module is integrated into the tag chip of this project, bringing out safer tag communication;
2．A dedicated storage space is integrated into the tag chip of this project for the storage of hash value of tag status and key information, which makes the tag content truly tamper-resistant;
3. The tag chip of this project adopts the low voltage and low power consumption design, and applies advanced technology; though with an increased size of design, its power consumption is lower than that of traditional design;
4.The anti-collision logic is added to the design scheme of the tag chip of this project. As a result, the collision probability is lower, and the probability of skipping - reading is significantly reduced.
What are the advantages of the RFID reader-writer main control chip designed in this project?
Compared with traditional RFID reader-writer chip, the RFID reader-writer chip designed in the project has the following advantages:
1. A dissymmetric encryption and decryption module is integrated into the reader-writer chip of this project, and this module makes the communication safer when reading and writing the tag;
2. A processing logic of hash function is integrated into the reader-writer chip of this project, capable of hashing the key information of tag. The hash value generated is written back to the tag, so that the tag information is truly tamper-resistant;
3. A relevant processing logic is added to the reader-writer chip of this project in accordance with the characteristic of block chain; it plays a role similar to the miner to share the workload of the chain, and the reader-writer may serve as a node in the chain;
4. The reader-writer chip of this project truly combines the block chain and the Internet of Things, bringing the assets into the chain in a genuine and reliable way; and it offers strong support for the asset management, warehousing, and logistics and other applications.
What are the competitive advantages of the RFID system schemes of this project?
1. The RFID system scheme in this project has already been successfully applied to the closed-loop system of each link, such as the production, logistics and warehousing and chain stores and so on in the garment industry and the manufacturing sectors for years. The executive team is well experienced in related industries, and capable of ensuring the good quality and effect of specific project implementation;
2. The enterprise standardization system established by the team in the industry application has become systemic industry standards. It’s easy for the wide application of the project and very likely to replicate.
Why choose the application of garment industry as the breakthrough point in Phase 1.0 of this project?
1．The RFID tag has achieved the management of item level in the application of garment industry. Hence, the number of usage is enormous. Large amounts of experimental data can be obtained easily in the development and early application of the chip, as a result of which the chip and system technologies will mature quickly ;
2. Many core members of the team have years of industry experience in the field of garment, and they are also familiar with the garment industry, the application of RFID intelligent system, and the promotion of software informationization products and other areas. With abundant resources of customer channels, the upfront cost of customer development is low. Therefore, it is possible to enter the market rapidly and to build up customer base in early days.
What is the difference between the WALTON project and the security traceability block chain project like the Inchain?
The WALTON project adopts the scheme of the combination of hardware and software. While, other security traceability block chain projects have no hardware. Therefore，the scheme of the WALTON project is intrinsically different from that of other projects in that:
1. The memory of tag chip of this project contains the hash value of tag status and critical data, making sure that the tag content is tamper-resistant;
2. The tag and reader-writer, as well as the WALTONCHAIN platform, make sure truly anti-counterfeiting and traceable to the source on the whole;
3. From the commercial value point of view, the WALTONCHAIN uses the RFID system as its carrier, and the wide popularization of RFID system is an irreversible mega-trend; its tremendous commercial value is foreseeable as a growing number of merchants will adopt the RFID system in the future, and the number of users of WALTONCHAIN will be increasing continuously.
Both WALTON and Sigma project involve the chip, what is the difference between them?
The chip of Sigma project is mainly used as the miner, but not a major element for business application. But there are two kinds of chips in the WALTON project -- RFID tag chip and reader - writer main control chip. RFID tag chip is the interface on the commodity side to upload the physical commodity to the chain. In other words, each commodity (such as the garment hangtag, care label and so on in the Phase 1.0 of this project) with a RFID tag chip in the future can upload relevant data to the chain through data exchange with the reader - writer, with no manual intervention needed. Reader - writer main control chip is the interface on the server side to upload the physical commodity to the chain. It may serve as the node of the main chain or child chain of WALTONCHAIN. As the number of merchants using the RFID system increases, there will be more and more nodes of WALTONCHAIN accordingly，and the robustness of the whole system will become better and better. As stated above, the chip of WALTON project is the vital element of the whole system, and closely related to the furfure business application.
https://bitcointalk.org/index.php?topic=2127069.0
![[Image: image_uploaded_from_ios.jpg]](https://files.slack.com/files-pri/T6WAP6MRR-F6XDYM0R3/image_uploaded_from_ios.jpg)