Bitcoin Global News (BGN)
April 13, 2018 -- ADVFN Crypto NewsWire -- There are many other
projects working at supply-chain solutions using blockchain
technology, such as Wabi (WABI), Ambrosus (AMB) and Modum (MOD). However, Waltonchain (WTC) continues to push forward with
active real-world use cases.
The project is based on realizing
the Value Internet of Things. This is the concept where technology
connected to the Internet will integrate into physical products
that have not yet been connected in that way. One of the main
technologies utilized are RFID tags. Radio-frequency identification
tags use electromagnetic fields to create unique identifiers for
each sticker. They are similar to QR codes, but using radio
frequency.
This technology is being used to
develop “smart stores.” Stores where every product has this
technology could be established with no need for cashiers or even a
sales counter at all.
Waltonchain is even working on a
“smart oceans” project with the government of Fuji to improve ocean
quality by tracking more data in shipping ports.
http://tech.china.com/article/20170827/2017082753050.html
New Partnership – Uber of
Logistics
Today Waltonchain announced a
partnership with HUODULL – a translation of “Cargo Pocket,” a
company founded in 2015 that is a kind of Uber of logistics or
shipping. It is a logistics aggregation platform that utilizes AI,
Big Data and Blockchain to deliver logistics
efficiency.
They are actively shipping products
through many cities in China. Their current developments include
usage of visual technology combined with intelligent algorithmic
logic operation to automatically identify goods, measure cargo
volume, weight, photo archive and upload information to the
system.
New Progressive Mining
Reward Program
Waltonchain is further showing
their position as the industry leader in supply-chain blockchain
technology by maintaining the basics. All the partnerships and
potential developments would mean nothing if the tech behind their
blockchain was weak. They announced a new mining rewards program
today to ensure stability and reduce transaction time and fees for
their blockchain.
https://www.waltonchain.org/templets/default/doc/Waltonchain_Progressive_Mining_Reward_Program.pdf
By: BGN Editorial Staff
