I have been watching the crypto world for the last year and took the plunge about 6 months ago and started buying some altcoins with spare cash I had coming in every month. Read over 50 whitepapers of old, current and upcoming ICO's, most sound like a load of old cobblers, some look like sound investments for the future, some look likely to give steady income with incremental value growth as the real world applications start to take shape.
The one that has really caught my attention is the Walton Coin WTC, the whitepaper is long and very detailed but shows the devs have done their homework, the website is in Chinese and when translated I actually thought this was a cross chain high frequency crypto currency trading platform, which in itself is a fantastic idea, micro transactions confirmed and in your wallet in micro seconds across any chain. Read the website....honestly the translation is misleading.
Anyway back to the whitepaper, after a bit of research and confirmation of who is behind this project it all seemed to make a bit more sense. My understanding of it is that they intend to use and store, track and view stock information using an RFID (Radio Frequeuncy Identification) chip all on the blockchain. It kinda makes sense that this is a Chinese ICO, China is the biggest global manfacturer of everything from toilet roll holders to iPhones so having a passive chip that needs only pass near an active reader to activate and make a record (held on the chain) makes sense. To have a record of everything manufactured, where it is stored, in transit, landed, sold and used on an immutable chain has in my opinion one of the best real life uses of the blockchain tech.
I'm thinking of all the goods manufactured in China, then the Far East and then the rest of the World.....defo worth a few sheckles.
Most ICO's and new start ups in crypto only have the inkling of an idea and real life value is just a pipe dream and their perceived value is in their future potential which by the time they come to fruition we will probably be living on the moon. This is the best real life scenario for blockchain tech I have came across so far. Bought some last night...doubled today...HODLing...I have read that the vice president of Samsung is an advisor and some of the high honchos in PRC are investors. I can't wait to see what happens with this.....................
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STOPPoor chinese coins, getting rekt cause of the govenrment intervention.. =(
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STOPI have not done the homework that you have, but I agree with your analysis. Pity I am late to this party, but no fat lady singing yet.