Waltonchain subsidiary, IOT Technology, Received Support Fund from Jimei District Xiamen City

In January 2018, Waltonchain’s subsidiary IOT Technology received the Jimei District Innovation and Entrepreneurship Support Fund for their innovative “Unmanned Retail Clothing Store Solution”.

IOT Technology’s Unmanned Retail Clothing Store Solution is an innovative, intelligent, software and hardware system, based on RFID and blockchain technology. It is aimed at improving customer experience and store management efficiency by utilizing a big data blockchain cloud platform and customized smart terminals. This innovative solution realizes smart terminal management in each store, stores the data related to the store merchandise, automatically loads it to the blockchain, and also provides real-time operation and consumer behaviour data analysis. The technology can be widely used in various areas of the Internet of Things, such as smart stores, unmanned shops, smart manufacturing and smart warehousing, etc.

IOT Technology is an enterprise providing professional RFID solutions within the blockchain technology space. It’s industry expertise include RFID & Blockchain R&D, RFID production, project consultation, marketing and services.

The company has independent RFID core technology and blockchain architecture R&D capabilities with a strong technical team with rich experience in the R&D industry. The main products from IOT Technology include:

• UHF reader-writer modules,

• Handheld RFID terminals,

• UHF reader-writers,

• UHF antennas,

• UHF electronic tags,

• IoT & blockchain systems & applications etc.

All key technical indicators of the products have reached or exceeded industry standards for similar products across the globe, and with a commitment to high standards of R&D, IOT Technology will continue its innovation toward design and function.

The ultimate goal of Waltonchain is to create a business ecosystem integrating blockchain with IoT. Based on the cutting-edge blockchain + IoT intelligentization technologies and solutions, through implementation in all the industry sectors, Waltonchain will lead the way to a new, smart lifestyle.