Waltonchain and Loci Announce Partnership to Unite Intellectual Property With IoT

Blockchain internet of things (IoT) project, Waltonchain and intellectual property (IP) research platform, Loci on Monday (Feb 12) announced a strategic partnership that the duo hope will help spread their innovation-spurring technology across two continents.

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Waltonchain is a Shenzhen, China-based company that uses RFID tags to track physical goods on a proprietary blockchain. “A simple scan of the RFID tag provides you with all the information you need to know,” explains CoinCentral. “What the product is, where it’s been, who’s handled it, and other important data is all stored on the blockchain through these tags.”

  
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