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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance


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3320867 No.3320867 [Reply] [Original]

Here's the non-meme deal with this coin. It's been out for 4 days and already exploding because it's going to streamline manufacturing data and represent it on the blockchain. The assembly line and cargo transport industry is fucking HUGE in China.

I need you to pause and understand this. It eliminates entire departments of humans tracking and administrating multi-billion dollar Chinese exports.

We have a trustless way of knowing everything about a product. Don't think this is important? The US military has been using this for years since they deal with some pretty god damn important and dangerous cargo.

RFID is a provable external data set incorporated directly into the blockchain. This is actually huge. It's basically what ChainLink is doing but using RFID as the "Oracle" and carving out a niche role in manufacturing. That's one hell of a use case for a country that needs it.

Pic related.

His name was Charlie Walton.

>> No.3320956

>>3320867
If Im importing Horse Meat cant I just pay the transporter or a cattle rancher a couple bucks for some Beef RFID tags?

>> No.3320961

>>3320867
I'll buy the dip.

>> No.3320984

His name.....was.....Charlie Walton...

His name...was Charlie Walton

His name was Charlie Walton.

His name was Charlie Walton.

His name was Charlie Walton.

His name was Charlie Walton.

His name was Charlie Walton.

>> No.3320994

>>3320961
There won't be a dip until it's too late retard.

>> No.3321009

>>3320956

In theory, but when the guy gets caught it's 100% traceable back to him. RFID is secure, and the blockchain is secure. No prossibility of fraud.

Really its not about smuggling though. It's about firing pajeets that click buttons and pull levers and track shit. This is the computer order machine replacing cashiers at McDonalds.

Whether you buy it or not, China is about to incorporate a real use case for the blockchain.

>> No.3321015

>>3320994
You just missed the dip. Pushing ATH now

>> No.3321019

can you explain it more in a way a retard like me can understand

>> No.3321038

In case it still isn't clear to some of you, Charlie Walton invented RFID in 1973.

The chain is named after him because Chinks actually have a sense of honor and respect, which none of you can relate to

>> No.3321039

>>3321019
You dont need to understand just buy. I still don't know what the fuck a block chain is, up 10k.

>> No.3321051

>>3321039
no like what is the value of the coin

>> No.3321060

>>3321051
Two point three American shekel

>> No.3321070
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3321070

>>3320961
There . will. be . no. dip

>> No.3321071

>>3321039
>You dont need to understand just buy.
The /biz/ motto.

>> No.3321073
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3321073

>>3321039
kek

>> No.3321080

well you have not convinced me to buy

>> No.3321110

Unlike all the western hippies looking to make a quick buck off crypto blockchain tech, the chinks are looking to actually apply this tech to real world usage. Chinks are also fans of regulation because then it complies with authority and guess who has all the money and control? Authority

Work WITH those in power and you become empowered yourself. Chinks kno this. This rfid tech is looking to help regulate and streamline their businesses.

Walton is just beginning

>> No.3321124

>>3320867

What's the value proposition/buy pressure for the token itself?

>> No.3321153
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3321153

Whats the projected high?

Is this a >$10, or based on cap we're talking more?

>> No.3321156

>>3321015
I bought in way earlier, during a dip.

>> No.3321168

....And the walls are coming down boys

>> No.3321172

WALTON

>> No.3321187

So why do they need a coin? What can I buy with this?

>> No.3321193

Not to mention government funding of 5 mil yuen... this is going to explode to maybe 10 at the end of the month

>> No.3321196

>>3321009
But that's the prob, how will they know since he enters the lie into the immutable blockchain? if u say something happened on the blockchain but in reality i swapped pig and beef where the evidence

>> No.3321202

>>3321193
I think $10 by end of the week if we're lucky.

>> No.3321211

>>3321187
coin is used for POST for cryptography security. we will receive dividends.

>> No.3321220

>>3321196
Yes, you could lie but it's incredibly easy to trace back to you. Oh this Pahjeet did Y when it should be X on the blockchain. Fired.

>> No.3321223

>>3321211
If it isn't worded correctly, then dividends = a security and it won't be listed on Bittrex.

>> No.3321230

>>3321223
So?

>> No.3321231

>>3321220

Thats a good thing for the chinese and a good thing if you want your business to run smoothly

>> No.3321238

I'm persuaded. A real world use for blockchain tech is great. Plus if it's in China, it won't be endlessly tied up in red tape and regulatory approval. I'm buying in.

>> No.3321245

>>3320867
Reminder Tech with RFID with WALT has not been finished yet also. How will RFID fraud be prevented?

>> No.3321247

>>3321230
I'd rather it be listed on a bithum or w/e the korean one is. Those gooks have so much fucking money.

>> No.3321261

>>3321245
I order 10 shirts and I recieve 30 turtles. Wtf? I check the blockchain and see that randomchink 5354 entried the turtles instead of the shirts. I can go ahead and ruin randomchink 5354's reputation with immutable proof and no longer do business with him. The reward vs punishment for fraud is incredibly skewed at least for long term.

>> No.3321263

>>3320961

Sell walls are being crushed, better buy now

>> No.3321283

>>3321261
I wish someone would send me 30 surprise turtles...

>> No.3321288
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3321288

>>3321283
Same

>> No.3321477

>>3321261

This anon gets it

>> No.3322602

>>3321261
Also don't forget you can use the WTC as currency.
Meaning you can buy the property DIRECTLY on the blockchain.

>> No.3322612

>>3320867
Literally the same ICO released as INCHAIN.. also on Binance, woahhhh

>> No.3322641
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3322641

>>3320867
seems like a great idea pic related

>> No.3322693

>>3322641
Sounds fun. Bough 100k.

>> No.3322773

Can this take the place of NEO or something in the chinese markets? As in be THE digital currency of China? Why won't it run into the same issues NEO did?

I don't understand.

>> No.3322859

>>3322773

Neo is looking to be the chinese eth, meanin a blockchain for smart contracts that can b coded in any language

Walton is looking to build a blockchain for rfid usage

Different goals and different tech using blockchain

Both will be huge

>> No.3322865

Bittrex will likely pick it up and we will see $10

>> No.3322873

>>3322641
fuck off loser

>> No.3322874

His name

is Charlie Walton

>> No.3322943

>>3322873
greed makes people lose sight of truer things anon be careful

>> No.3322973

fuck me, I sold last night at 420 thinking there would be a dip like the day before just to wake up and see it bust the 600 mark.

I bought back because Fomo

Lost 250 coins in the process,

>> No.3323030

>>3322973

Same here senpai, was sure it would retrace a bit but volume keeps going up. I hate FOMOing in but this thing is a fucking rocket

>> No.3323037
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3323037

uh guys... no presidents are going.

>> No.3323054
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3323054

>>3320867

> blah blah blah

Pump and dump.

> pic related

What WTC price will look like tomorrow

>> No.3323207

>>3320867
Walton marines tomorrow ?