/biz/ - Business & Finance

The essential difference between Vechain and Walton is the layer at which the blockchain is implemented. Walton has patents on the txID-reading RFID chips with memory, which allows the blockchain to be implemented in the foundational level through the RFIDs. They are world leaders in chip technology, and make their own chips. Vechain does not make their own chips. They outsource the hardware, and have the hardware made compatible with their blockchain via API. So their blockchain is implemented several layers up in the application layer, through business-centralized control. So, Vechain is inherently less decentralized and less secure.

This is the essential difference, and it's not a deal-breaker for Vechain, but it is a fact, and it does matter. Walton is somewhat ironically better at authentication than Vechain for this reason, despite Vechain's original main use-case as an anti-counterfeiting product (they've since expanded their use-case into cold logistics and other areas).

But there are other advantages to making your own chips. Vechain is using someone else's hardware and then repurposing it for their blockchain. Walton has built the chip from the ground up to be compatible with the blockchain and improved the standard chip to be much more advanced, with encryption, fine minute movement detection, anti-collision logic to prevent skipping, low voltage technology so the chips can last more than 20 years, and other advancements over standard chips. Making their own chips also makes them cheaper. Standard RFIDs are 15 to 20 cents. Walton's are less than 5.

>>10912625
2 sides of a knockoff silver dollar. Chink coins will have bloody endings.

>>10912595
R E A C H I N G
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I dont even get the hype here. PICC is half the size of State Farm. It's not some monster, nor is their any indication on how they plan to use the blockchain.

Still at 3-5k transactions per day.

Lock up that scamming cunt. Busted once again. Fucking crooks. Him and that paedo Cream who says he likes russian girls.

https://www.cryptoglobe.com/latest/2018/08/dutch-citizen-is-selling-his-home-for-only-vechain-vet-tokens/

>>10912595

>>10912595
What is BaaS?

>>10912679
Not sure being half the size of State Farm is really an insult. Good job on the research tho, had to double check your work

>>10913423
how many people live in china compared to the us?

>>10913442
You think people in rural China need or can even afford insurance?

>>10913620
50% of 1,415,995,401 lives in the cities. Who the fuck cares about the rural parts.

Just another red flag in the shit show that is VeScam

>>10912595
I am actually surprised how they managed to repump this coin from complete death, the lotteries to convince people to buy the shitcoin and free airdrops didn’t work like usual for them. They probably suffered a loss pumping it but people fomoing helped fill their bags so I guess that’s that.

the quality of the fud on here is fucking shit, try better lads

>>10913620
they actually can afford insurance due to government programs, look up the hukou program

>>10914796
The shitter the coin the shitter the FUD

>>10912595
DNV GL was directly quoted in the article, idiot. 1/10.

>>10912595
>this is not a white paper...it just isn't

>>10914824
nice meme m8

HAHA YOU GUYS ARE DELUSIONAL
1$ EOY