Vechain and Walton rfid tech btfo’d

And with this tech they expect to track vaccines. What a fucking joke. I can’t believe people actually believe it.

Oooo wait... maybe they’ll use their iot tech.... aka the fucking claw game from a kids arcade. Fucking cringe

what did he mean by this?

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dont you have another ama to do in the middle of the night in the ghetto

Hahahahaha. Fud so good!!!!!

Stoners yelling at them
Garbage truck

I will send someone 50 AMB right now if you post the link to this blogpost on the VeChain daily discussion

>Amb is the only crypto actually doing shit
I understand your bags are heavy but why go out of the way to blatantly lie about things

I don’t have enough karma. Fuck reddit.

Somebody post please. I wanna see their reaction.

it has to be posted from the standpoint of a concerned holder. otherwise they delete

The only tech anybody has seen from vet or wtc are fucking 1990s rfid chips, and their bad ass “iot” claw device. Literally that’s all they have.

This article is fantastic the FUD here is ridiculous.

It means faggot who wear suits and make everything into acronyms and hold awkward google hangouts meeting with people who wish they were elsewhere

You're failing to account for insincere companies doing this on their own bottles -- they can show video proof they bottled the wine and then tagged it, but then swap the wine before selling it on the market.

That said, the wine industry is not a good example of this because wine producers are generally sincere. But the same example could apply to industries known for producer fraud, which would be any product that can come from producers in China.

Now we know you are a poorfag. Yes the ultimate scam.. we go to grocery stores and replace the wine and drink it! What's stopping you beaners from doing that now? Why's rfid even relevant in the discussion of wine replacement? No one is buying wine from chinks

It applies to literally everything concerning supply chain and anti counterfeiting you absolute imbecile

The exact thing vechain and wtc claim to be able to do.

Also to add. Your the poor fag who doesn’t understand how valuable the wine industry is. Single bottles go for 100s of thousands.

i think the idea of the vechain thing is anti counterfeiting on a large scale, not some incel user going to the grocery store drinking then reselling his bottle of wine

(((Mayer)))

If it’s flawed on small/medium scale the whole idea is flawed. Once even .5% of a certain item on the chain is counterfeit than I personally wouldn’t trust any of that item. Jow Forums can’t be this stupid can it?

Yes and the bottles are being syringed left and right. What are you going to replace a 100k bottle with where it doesn't go noticed? The point is there is more money to be made selling 100k wine then scamming those customers and losing them for life. That whole chain of distributors would only pull that off if they are exit scamming but this isn't crypto. There's actual value in wine

Dont you have anything better to do then try and fud a project you aren’t even invested in. Go make another lookism post you fucking pathetic piece of shit no one cares.

>implying most wine conosours can even taste the difference.

Watch the documentary called sour grapes

medium.com/@vechainofficial/vechain-and-inpi-asia-incorporate-nanotech-digital-identity-solutions-within-the-vechainthor-cae293b8a8d3

Stitting at your desktop in that dingy basement coming up with hypotheticals why the tech of a company he has no stake in isn’t going to work. How lonely and pathetic are you come on man.

no fucking shit vechain is a scam... is this news to you?

Anyone can buy these cheap rfid tags online even customize them, they store arbitrary data.
All vechain does is store a hash on it .

Wow.... another partnership. Who woulda though!?!?!?!

Inpi is a literally who. Meanwhile amb has vlad triffla and Stefan Meyer whose previous work can all be verified

based

/thread

Oh wow NEET you circumvented tech that engineers spent years developing. You got em NEET. You're smarter than them. You really are the wolf of supply chain.

Your English is getting better sung yi. Keep working on it. Maybe vechain can put rfid chips on your school books to send a hash to the chain to show your mommy you opened your book to study.

Also chinks.... where is this store medium.com/@Waltonchain_EN/waltonchain-subsidiary-iot-technology-partnered-with-ishijah-1f65d84b37ce More China hustle?

>muh you could just suck the wine out with a syringe and drink it for free
holy shit I hope this is bait. please tell me you're not serious.

Your kidding right?

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Okay. Wow. This discussion isn't going anywhere. We have individuals slandering companies that have no direct involvement with Vechain. Others are shamelessly posting misinformation to mislead and otherwise harm the reputation of said companies. Is this all you people have to do with your time? Get a life, a girlfriend, anything please it's quite disheartening to see youths waste there potential here.

None the less do your part and report, ignore, and hide threads whose sole purpose is to damage credibility. Thanks.

Don't you think that people will not notice there is a syringe hole?

It's not about drinking it for free you supreme retard. The idea is that they will tag it and then suck it out and mix it with inferior shit so they can scam people and make more money. The whole point of this is Mayer saying that rfid is not sufficient enough for true security, people can still tamper with shit and get away with it.

What’s it like having Down’s syndrome?

So you are saying you'll only target wine marketed to people with downs?

based desu

Article is pretty standard, no reason for Vechain or Walton to BTFO at all

He reckons it's going to take 10-15 years for AMB to get off the ground.

That's a fucking long time

Jesus Christ this thread is grade A retardation. There are different solutions that are appropriate to different price points. Nobody is going to use a basic label system for bottles of wine worth hundreds of thousands of dollars. On the other hand, using such a system vastly diminishes the practicality of fucking with bottles in the sub 100 dollar range (i.e. most of what is sold on the shelves at the state wine monopoly in China). On a cheaper level you have simple RFID tags, which are less secure but again provide a significant preventative benefit for mass produced cheap items like packets of cigarettes. No tag (including the hypothetical system mentioned in the article) is 100% secure. What they do is create a massive amount of additional friction for counterfeiters, meaning that most of the time it simply wont be worth the effort. That is obviously a huge systemic success, even if you can't remove all chance of any tampering. When you start talking about tags on the inside of bottles, then you certainly do get a higher level of security but you also get a massive impracticality in that tags have to be applied at the point of manufacture and have to have all the individual manufacturers opted in, as opposed to applying tags at the point of import.

There is no need for blockchain than in a majority of those situations. Clothing already has anti theft tamper tags, cigs have stamps on the bottom... ect.

fucking brainlet you know nothing about waltons chips. The only other blockchain company that even comes close to waltons chips is fucking IBM. Get real.

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>the only other company that comes close to Walton chips is Lays
Got it user

The need for blockchain is to provide a trustless system for tracking. This backs up the anti-tamper systems. If we take the example of someone buying a bottle of wine with a VeChain tag from the store, they can check and make sure that the bottle has remained in the custody of reputable handlers. On the other hand, if you buy a bottle in a cornershop that still has the tag but has dropped off the radar for six months and has possibly been in private hands after being sold from the monopoly shop, then you'd be much more wary about whether it had been stored correctly or siphoned out with a needle. The various elements add various additional degrees of security and the traceability element that the blockchain provides is a very important part of that.

Walton is actually better than IBM in this department. IBMs chip is still a prototype while walton is rolling theirs out next month ahead of schedule. Its not even just an RFID chip. Its a mini computer.

The essential difference between Vechain and Walton is the layer at which the blockchain is implemented. Walton has patents on the txID-reading RFID chips with memory, which allows the blockchain to be implemented in the foundational level through the RFIDs. They are world leaders in chip technology, and make their own chips. Vechain does not make their own chips. They outsource the hardware, and have the hardware made compatible with their blockchain via API. So their blockchain is implemented several layers up in the application layer, through business-centralized control. So, Vechain is inherently less decentralized and less secure.

This is the essential difference, and it's not a deal-breaker for Vechain, but it is a fact, and it does matter. Walton is somewhat ironically better at authentication than Vechain for this reason, despite Vechain's original main use-case as an anti-counterfeiting product (they've since expanded their use-case into cold logistics and other areas).

But there are other advantages to making your own chips. Vechain is using someone else's hardware and then repurposing it for their blockchain. Walton has built the chip from the ground up to be compatible with the blockchain and improved the standard chip to be much more advanced, with encryption, fine minute movement detection, anti-collision logic to prevent skipping, low voltage technology so the chips can last more than 20 years, and other advancements over standard chips. Making their own chips also makes them cheaper. Standard RFIDs are 15 to 20 cents. Walton's are less than 5.

Wow, this is even dumber than usual for biz.

Whatever 17 year old incel posted this has clearly never opened a bottle of wine. If he had, he’d know that there’s a SEAL that covers the cork and the top of the wine bottle that you can’t replace once you’ve taken it off. It’s also there on screw top bottles. How the fuck are you going to syringe wine out and resell it with a broken seal?

Even if you could, to do this at scale would require tons of time, then you’d have to somehow convince someone who buys at scale that you’re reputable. Then. as soon as one sip of the wine was taken by anyone who knows anything, the scam would be exposed and traced back to you.

Even further, if this halfwit knew anything about Vechain, they’d know the chip for the wine solution goes inside that seal and gets destroyed when you open the bottle. When you tried to close it back up, which isn’t even possible, the chip would no longer work.

This is so uninformed, idiotic and low IQ it’s fucking painful.

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>nobody knows
Except for God. You'll get assfucked hard in the afterlife.

classic chink shitcoin

You obviously did not read the article and understand the point that Mr Meyer is making

Vechains tech is 100% incapable of doing supply chain securely.

vechain gonna make me so fuckin rich in 2 years anons

>Jow Forums can’t be this stupid can it?

kek

>hide threads whose sole purpose is to damage credibility.

lol fuck off when china hustle scams get exposed its for the better for crypto as a whole you fucking fanny

>ambrosus
people still hold this russian shit coin? lol

>>Walton is actually better than IBM in this department.

>>Its not even just an RFID chip. Its a mini computer.

>this retard actually believes a gook startup scam will outmuscle IBM in nanotechnology

fucking amazing lol i cant believe this website is for free with entertainment like this kek

The absolute state of chink bag holders. Mention buzz words like nanotechnology and they go crazy.

>be vechain, put rfid tag on wine bottle
>I take syringe, suck out the expensive wine, replace with $5 wine
>nobody knows
that "expensive wine" was worth less than $2
get rekt stupid gweilo

ur just a massive brainlet its silitec btw not walton thats creating the chips. one of waltons subsidiaries

this thread is top fucking keks right now

still waiting for someone to post link on vechain reddit daily

50 amb

>>its silitec btw not walton thats creating the chips

>>one of waltons subsidiaries

>implying this refutes my point

MY FURRY WOOKIES

ouch OP he's got you there.

wrong

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No.... mr Meyer got literally everybody in crypto supply chains with that article.... but what would he know? He was just a tech fag at nestle.

Yeah, I feel like explaining Walton here is not worth the point. It's arguing with a bunch of shills that aren't going to change their opinions.

Everyone seems to think of Walton as primarily a RFID tag maker and nothing more not realizing their sensor tech (made by their own subsidy) take them a whole lot further. Already showcased recycling systems, smart cities, smart stores. Some of which has been demoed in an almost final form. Expanding into agriculture, art and a heap more. With all that being said, their own scanners and software are miles ahead for warehouse and industrial use.

Still not convinced about any supply chain tracking in retail usage yet. Anti-tampering is hard to perfect and more than likely a gimmick that will die down fast.

>MFW stupid waltlet cant refute it

>MFW stupid waltlet actually thinks it can out-research and outperform IBM in nanotechnology

MFW MFW MY FAJITAS WHEN

:^)

Where’s my nigga mrbearwolf at? Maybe he can shed some light.

delete this

shouldnt you be fudding amb?

Also silitec was around before walton brainlet do some research. AMB and VET are nothing compared to WTC

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Walton doesn't even have a working mainnet. Enjoy your bags.

>defense*
>VET*

People who unironically say VEN are clearly the Jow Forumstards who are like sheep to fudding pajeets. Remember lads, ALWAYS do the opposite of Jow Forums

It's just good ole' Jow Forums entertainment

No use talking to these shitters kek
Just sit back and watch the show while the krill get swallowed by their heavy shitcoin bags

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Based and redpilled.

everybody missing the most important reason: nobody outside of china is going to trust a chink blockchain like vechain/walton/whatever to protect goods globally.

the counterfeit capital of the world has zero weight trying to introduce something like this.

Checked and keked

All the vet fags can say to this is.... muhhhh dnl gv. Those mother fuckers got China hustled too.

How about devery 1.5M marketcap
>working with UN
>working with Tunisian government
>working with jd.com the Amazon of China
And still people buy vechain even though its 1000x more expensive

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You've said to much

>Tunisian government
>10 computers in all of Tunisia

At least this shit is a much better investment than vechain

This is unironically true, normies froth over vechain

That makes no difference what so ever. No one is usings VET's mainnet currently and amb has no mainnet brainlet. WTC is literally connected with the korean government you will be fomoing into my bags once it gets added to bithumb