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Waltonchain forecast and analysis

Waltonchain forecast and analysis

This article is part of our series “Why EOS, Stellar, IOTA, Waltonchain, Binance, Litecoin, NEO & Monero will survive the Altcoin Apocalypse”. Every day at this point a new analysis to one of the o.g. Cryptocurrencies published.

Waltonchain is a project from China and South Korea. The goal of the project is to combine the Blockchain technology and the Internet of Things. So you want to create the so-called “value Internet of things.”

The website states:

“We want to create a true, credible and understandable business model that fully shares data and makes information transparent. It's based on the combination of RFID technology and Waltonchain. “

Most people consider Waltonchain a “supply chain project”. But that's just part of the whole idea. In addition to improving supply chain management, Waltonchain also focuses on sales, logistics and product manufacturing. In addition, the project also deals with the smart city revolution and ultimately wants to cover the entire business environment.

We think Waltonchain will survive the bear market as the project has many use cases in the real world and enjoys the support of the emerging superpower China. China is about to become the next technological superpower in the world. Waltonchain builds China-paid blockchain schools in China. It also forms the basis for the largest infrastructure project in the world (“One Belt, One Road”). Support from the Chinese government is the only way to be truly successful in the country.

In addition, Waltonchain is a robust company. This is an important quality to survive a possibly longer bear market. Waltonchain is not only a software company (Blockchain and so on), but also very capable in terms of hardware. This is reflected, for example, in the incredible power of producing RFID labels for just US $ 5. These radio frequency chips can be inserted into any thing and then tracked down the lifecycle. All product data can also be written to the blockchain.

While most of the current blockchain projects are likely to fail, Waltonchain seems to be a good long-term investment.

Waltonchain forecast and analysis

Source: Pixabay

Author: Peter Joost – Source Post: https://www.kryptovergleich.org/waltonchain-prognosis-and-analysis/

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