Waltonchain Launches KIRINMiner, Waltoncoin (WTC) Gains 17% July 10, 2019 July 10, 2019 Kelly Cromley http://1AZFjzw2#Nwf63pYaMWq#xIY
Market NewsJuly 10, 2019 by Kelly Cromley

Waltonchain Launches KIRINMiner, Waltoncoin (WTC) Gains 17%

WTC, the native cryptocurrency of Waltonchain, gained almost 17% in the past 24 hours to trade at $2.61 after the company launched KIRINMINER Mall today.

KIRINMINER is the world’s first Waltoncoin (WTC) ASIC miner powered by custom designed ASIC chip that offers high efficiency and ultra-low power consumption. The miner aids WTC mining algo, remote device management and networking functionality.

Only 200 miners are offered in the first batch. Each miner costs $6,380 or 2,380 USDT+1,380 WTC per piece. Waltonchain does not charge any fee for shipping.

On July 2, Waltonchain Korea representative Kim Sun Kyung inked a partnership agreement with Smart C&I, a Smart City project from South Korea, in order to promote Smart City programs in China and Southeast Asia.

Smart C&I is a high-tech firm is centered on living, fitness, environment, smart farm, zero energy, and other technologies. The firm’s typical “zero energy” technology uses solar, geothermal and wind energy to construct buildings without using heating and cooling devices.

Smart C&I also offer “payment and settlement solutions for internal transactions in smart city parks, and crop settlement using cards at smart farms.” The tech firm has finished the operation platform incorporating such solutions.

With this platform as the basis, Smart C&I recently entered into a basic design contract on construction of 10,000 apartments on Gimpo-si, Gyeonggi-do, Hyangsan (South Korea), for a smart city. It has also discussed smart city construction with domestic autonomous groups and private builders.

Waltonchain Korea representative Kim Sun Kyung expressed: “We are very glad to spread the advanced technology of Smart C&I overseas. This cooperation is a good opportunity for us to develop the China and Southeast Asia markets.”

Waltconchain uses RFID technology to encourage the implementation of blockchain from web to IoT (Internet of Things) and establish a trustworthy, traceable and transparent business model that can share information without any restrictions.

The objective of Walton chain is to create a public chain of commercial ecology over which merchants can create multiple sub-chains as per their individual needs.

Last year, Waltonchain created and deployed its parent chain and WTC wallet client app. The parent chain is maintained by the nodes on the waltonchain and can exchange tokens.

AuthorKelly Cromley

Kelly is our in house crytpto researcher, delving into the stories which matter from blockchains being used in the real world to new ico coming out.