Waltonchain (WTC) Visit and Product Demo! (Part 1 of 3)
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- Published on Nov 17, 2017
- I Visited the Waltonchain (WTC) Research Center in Xiamen and checked out their product demo! WaltonChain claims to merge RFID with Blockchain technology - but do they have something good to show? Read more at: boxmining.com/waltonchain-wtc-review
Subtitles are available in English and Chinese (Click RU-clip Captions / Subtitles)
Apologies to the Walton community for ignoring so many of your messages - I finally made it to Xiamen and had a great trip!
WTC Donations: 0x58d98516363D2A5f93CE6aB4A4a909599C3EEC3a 
Science & Technology
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cool
Yo Mr.Boxmining! This is your best video ever!
@Boxmining Thank you!
Hey thanks man!
When will Walton Chain Token Swap Be Available?
people overlook that they are not using a web base checkout. RFID Reader should act like a barcode scanner, but its not native to the web page. The I/O needs to be fixed in the RFID business, not blockchain. So sad to see people don't understand what waltonchain is solving. If you cant fix RFID you cant fix adoption.
Couldn't you just cut the string attached to the shirts?
and what will range for those RFID reader?
price idea of device and software
WTC is in a league of its own among supply chain coins, the blockchain aspect is baked in from the ground up with their custom RFID chips, whereas other projects need another layer on top, adding latency and cost. Thanks for the tour of the office, Michael.
This garbage is worth 300 million?! What a joke.
I wonder how much they are paying him to promote this crypto.. Hmmmm
Rarely do I comment on videos but WOW! That was awesome! Thank you for uploading this video! Extremely compelling technology!
FREC Airdrop for Waltonchain happening on the 21th of March 2018
I love how you cover things like this. Gives us a bit of inside on different projects, thanks!
Always ask is blockchain needed for this. Remember adding .com on everything?
this is so cool!
This technology already exists.
They already have this tech at stores here in China, this isn’t blockchain tech. If you go to the sporting goods store Decathlon, they already are using part of this so it’s not revolutionary. Also Tencent and Amazon already have the customer/product tracking feature.
It is RFID tech and I understand how they are saying that it’s reporting to blockchain but there are better use examples than this.
its a good invention, but why do we need crypto for it?
amazing vid and technology
I'm an American with 50% of my portfolio in Neo and Walton. I believe in you China. 🇨🇳
but why? why use blockchain for random crap?
Watch out! This guy gets paid big to pump coins.. Just saying
It's not "QR 代码“， it's ”二维码“ xD
Great episode!
Very impressive work and thanks for the insight
Thx for sharing!!
keep up the videos
So I remove the tag and put it on another shirt. = Free shirt since it's such high tech security... no questions. lol
waltonchain scanning at retaail with AI and Vr would be Cool. - work with Cappacity
My library can already do this... cool enough, but why does this technology need blockchain? Where does the coin come in?
VeChain is more advanced, this is nothing revolutionary.
When the part 3 will come out ?
This doesn't solve the problem when people simply go to the fitting rooms and rip the tag off and put it in their purse or wear it under their clothes to steal the piece of clothing. Sensors already exist for this reason; to prevent theft. How does this prevent theft? There is no security with this. Security sensors would still have to be manually removed by cashiers to prevent theft unfortunately.
The RFID is revolutionary. But what's the achievement or advantage in using the blockchain as a database?
What are the differences between Walton and vechain, and do either of them have specific patents?
So can someone please why blockchain is needed for this? The RFID is great, but it can work exactly the same without a blockchain. Data can be stored on a cloud based storage database. Have i missed something?
So lucky of you ! Thanks a lot for the video !
this guy ive been following I thought he is from xingapo lol
There is WABI too.
just think, why you need blockchain for this. a centralized datacenter is good enough.
So, hate to be that guy,..but part 3? :p
not at all. being able to provide supply chain information in a trustless fashion is something that shouldn't be overlooked!
Regarding the use case or intrinsic value of the system, especially for those saying "why not just use a database", consider a publicly accessible (even if only partially publicly available through sidechains), cryptographically verified ledger of inventory transactions that manufacturers, wholesalers, retailers and government tax/licensing organizations can all share and trust in real time, with instant debit/credit of costs and fees between parties? I'm not sure there's a more compelling use of blockchain than that. I was about to say health care as a more compelling case, but immediately realized Waltonchain/RFID would be immensely useful to hospitals and doctor's offices for tracking highly sensitive and expensive RFID tagged medicines and drugs for both inventory management and anti-theft tracking purposes.
How far from Guangdong are they? "You forgot to turn it on." I'm dying here. :) Looks like they're running Ubuntu from the look of the other monitor. Great tech and video!
Exactly why do they need a blockchain for this? Anothe shitty appcoin.
All Samsung computers. ;) (wink)
Michael. Is there a wallet for wtc? ty
Wonderful information man! Thanks for this!
Thank you for your video. RFID is already in use in my life. Ski tickets are rfid at several large ski resorts now, and when you watch poker on tv, the cards are embedded with rfid so you can see the hole cards of the players (shown on delay). So awesome that you went to china for this!!!
If it's already being used without the need for the blockchain, what is the need for a Waltonchain? And by the way, Michael lives in Shanghai, China. So he didn't have to travel very far. It's very likely that Waltonchain paid for his travel expenses for the publicity.
revolutionary product your the first to show me this concept and you the person made me buy a full bag of WTC thank you!
Holy shit it works!
Where is part 2?
When part 2 ?
Better be worth it :p , but wait until thursday so I have my paycheck before your video launches haha :p (kidding ofcourse)
its almost done. aim to publish on monday. sorry for the wait!
this is amazing, now retailers like zara and co can see which products are popular but something was wrong with them so people put them back on the rack and act accordingly.
Hey Mike, did the second part come out yet? I couldn't find it.
Our library uses this for checking in and checking out books. Not really ground breaking in regards to RFID..
good bye retail jobs...
shoplifters could just remove the rfid tag from one shirt, put the tag in another shirt, so it seems it's never left. then leave the store with the rfidless shirt. hmmm.
hahahaha TURN IT ON
Why doesn`t she speak english?
wtf does this have to do with blockchain? you cant do this without a blockchain?
You kick ass, thanks for getting that demo for us!