WaltonChain (WTC)
An Intermediary Between Blockchain And The Internet Of Things.- WaltonChain aims at building a blockchain infrastructure that leverages radio-frequency identification ("RFID") technology to facilitate the development of the Internet of Things ("IoT").
- Users can build various sub-chains according to their own needs. The platform aims to provide data (including property ownership data, commodity flow data, etc.) that is authentic, tamper-resistant, and timestamped.
- Waltonchain adopts a hybrid consensus mechanism with Proof of Work and Proof of Stake.
- The WTC token is used in voting for governance, staking, as well as paying gas fee for simple token transactions and smart-contract executions.