Waltonchain WTC to Robotina ROX Exchange

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Crypto Pair Details: WTC to ROX

Waltonchain WTC

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.



Robotina ROX

For the first time in the history, opportunity, technology, as well as legal and social conditions are favourable and ready for the Robotina Platform to step onto the stage. Internet of Things, Blockchain Technology (enabling smart contracts) and Artificial intelligence bring great benefits to users and investors. Connected to the Robotina Platform, an enabling Universe, empowered people will save the electricity by using smart grids in order to save and earn money and reduce the pollution of our planet. We won’t do more, we will just do it smarter! The Robotina Platform will be a vertical, high-tech all-inclusive enabling solution, consisting of connected Internet of Things (IoT) elements (things, processes, data, people) and the Power Platform (PP). It will use Smart Rules, Artificial Intelligence and Blockchain technologies. It will be run in the cloud, available as a service. Robotina Platform and connected IoT will execute thousands of calculations per second. Each calculation will result in a small benefit and a small slice of revenue, which will accumulate every second. At the end of the day, this will become the driving force of the business.

SOURCE: COINGECKO



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