Waltonchain (WTC) Launches Smart Retail App

“We are pleased to announce the official launch of Waltonchain’s first global smart retail application Child Chain, DMTC, which integrates the Smart Agriculture + Smart Micromarket + Innovative Retail concepts to empower the #Agriculture industry!” Read More — Mo Bing, CEO

Summary

Waltonchain’s first global smart retail app child chain DMTC is officially launched. DMTC is the global applied eco-agriculture traceability chain.

The Waltonchain platform solves a series of pain points for agricultural products from planting, production, warehousing and logistics to customer terminals and after-sales.

The project uses RFID chip and blockchain technology to trace the whole production process of agricultural products and organic food, and create a safe and reliable big data information channel.

Significance

Waltonchain is building a comprehensive ecosystem of Smart Agriculture that will improve the supply chain, reduce costs and help ensure food product safety. A sales terminal will gradually support payment and exchange of WTC and DMTC tokens, increasing adoption and usage of not only blockchain technology, but cryptocurrency.

Waltonchain has the first-mover advantage in modern agriculture and strong entity support on implementation. It has already integrated the rice loach organic eco-agricultural production base and has partnered with Shanghai Academy of Agricultural Sciences to lay a solid foundation for the DMTC Smart Agriculture Application Traceability System.

Put simply, they are proving the value of blockchain in IoT-related industries and supply-chain management.

WTC price at the time of Blockfolio Signal: $2.63. View WTC on Blockfolio.