Waltonchain is a project that is combining blockchain with the Internet of Things, IoT with radio frequency identification technology system to manage the supply chain. The Walton is an acronym for wisdom, alter, label, trade, organization and network and the project is named after the inventor of RFID Technology, Charlie Walton. Waltonchain leverages on RFID identification to track individual product throughout entire journey of production and distribution. They introduce the concept of Value Internet of Things (VIoT) to describe the integration of Waltonchain's proprietary RFID chips with the blockchain technology. 

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