Waltonchain's Pro Arguments.

Informational

Intro: As I'm writing out the pro-arguments for the Monthly Skeptics thread on r/cc, I wanted to share the information i've summarized with our community here as well. Hopefully others can find it helpful (plus I can always have a post reference to it for the all-in-one). - If i've missed anything please feel free to comment below and i'll update this list.

Waltonchain Pro-Arguments.

  • Embedded hardware that writes directly to the blockchain without the vulnerability of an api., allowing true decentralization.

"I do realize that there are other companies focusing on blockchain and IoT, such as Iota and Vechain, which is a Chinese project as well. But their value propositions are still very different than ours. Vechain’s coordination is done through an API and they are not fully decentralized. Our project is coordinated by blockchain and RFID, so our chips correspond the private keys to the blockchain directly and is fully decentralized. Besides, currently there is no RFID chip firm that can develop, produce and sell such chips on its own. Mostly, clients procure from Japanese, Korean or American suppliers. In that way, setting up Silitec as our technical support company offers us a strong strategic advantage."- Waltonchain COO Monitor Chan.

Posted Jul 3, 2018, 5:20 PM UTC · edited

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