Walton is a platform that seeks to combine radio-frequency identification (RFID) and blockchain technology to manage supply chains. The Walton platform was named after Charlie Walton, the inventor of RFID, and seeks to decentralize the Internet of Things (IOT) industry. The use of Walton in supply chain management promotes transparency, integrity, traceability, and monitoring of commodities in circulation.
The Walton platform allows users to manage, trade, trace, and pay for products using the Walton cryptocurrency while having full access to information of those products through their RFID chips.
Walton White Paper
What Is the Walton Cryptocurrency? - NullTX
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- CryptocurrencyA cryptocurrency (or crypto currency) is a digital asset designed to work as a medium of exchange using cryptography to secure the transactions and to control the creation of additional units of the currency. Cryptocurrencies are a subset of alternative currencies, or specifically of digital currencies.
- BlockchainA blockchain is an append-only digital ledger storing a set of time-ordered transactions grouped in blocks that are linked together using cryptographic hashes.