/biz/ - Business & Finance

[Anonymous No.3805663]

WaltonChain update

>Q : How does WaltonChain plan to prevent the RFID chips from genuine products being removed and placed into counterfeit good? Whilst I understand this will stop the production of counterfeit good from counterfeit factories, I do not understand how this will prevent chips from genuine products being placed onto the exact same counterfeit item. A: In the prevention of RFID IC removal, currently Waltonchain has a corresponding solution for different industry applications. In the clothing industry, we put RFID tags with washing mark with encapsulated in a single product brand clothing washing mark, RFID label along with single product transfer among production, logistics, sales and other aspects of circulation, the forger cannot get washing mark removed and remove the RFID tag to the other fake and shoddy goods. For the food, retail and other industries, the Waltonchain developed a fragile, anti transfer RFID tag, which is attached to the RFID tag. If the forger wants to remove the label, it must be removed with stress and it will destroy the products. Our products will destroy the label line under the condition of stress removal, which will lead to the failure of the RFID tag, and the imitations can not be used on shoddy products. Intelligent packaging technology at the same time we Walton team also developed RFID tags and the industry product combination; label technology combined with different clothing materials R & D and perfect, the RFID label and clothing products perfect combination, make use of the RFID tag has reliability and stability at the same time, more subtle. At the same time, in the tag IC will also store the characteristics of the corresponding items and status information hash value, if removed to other products, will lead to unable to synchronize data on the chain, to ensure that labels and physical one-to-one correspondence.

[Anonymous No.3805670]

>Q: How will WaltonChain ensure the RFID chips on production lines cannot be copied? Do you Walton specific production line readers which will only read Walton RFID? A: The RFID tag IC will be written into the world's only EPC code when it leaves the factory, and at the same time, our RFID tag IC will integrate the real random number generator, which will generate a unique address through encryption logic. The Walton chain of RFID does not require special production lines.

Q: If the item is authenticated with a Walton RFID, How does Walton plan for customers to check said authenticity? A: Walton chain from the source to ensure the physical assets of the trace to its source, customers can query the appropriate data by Walton chain, all the data are transparent.

Q: If the RFID is on the packaging of a box, how will Walton plan to prevent the contents of the boxed being replaced? With the counterfeit market being so lucrative, people will go to extreme lengths. A: The fragile anti transfer label developed by our Walton chain team can prevent the replacement of the label from the genuine case. We will place the fragile anti transfer label location where the package may be opened, ensuring that the RFID tag is fully bound to physical assets when applied. The use of the product packaging before demolition related information consumers can query to the product, if the replacement units in the packaging box will have stress, will enable the RFID tag failure, product information will not be again query, this solution can also guarantee the product will not be replaced.

[Anonymous No.3805687]

>Q: With the RFID chips being issues from a WaltonChain database, what would happen if the issuing database was compromised? Would the issueing database be entered into the blockchain?
>A: The question is not very clear. What do you want to ask?. Waltonchain is based on block chaining, designed to be decentralized, distributed accounting, and all upper chain data are confirmed by more than half of the nodes. The data on the chain can not be tampered with.

>Q: Monitor has mentioned that the code base will be public facing, are there limits to what will be made public? Are there any security risks to having your code base public?
>A: we have plans to open the Walton chain code, but we must open the relevant code at the right time after we have completed full reliability and security tests.

>Q: Would Walton Chain consider providing pictures or other clear information about the RFID hardware?
>A: Walton chain IC engineers are working hard, related RFID IC and reader IC research and development, has been in the design and simulation work. The RFID system based on the Walton mother chain is being debugged.

[Anonymous No.3805710]