Waltonchain, the RFID-focused blockchain project headquartered in China, has recently announced that it will be partnering with China Mobile to help develop a global network of Internet of Things devices. This further signals strong intent from China in becoming one of the world’s largest nation influencers in the cryptocurrency market.
Earlier this month, Waltonchain’s Project Director, Lin Herui, met with officials from China Mobile IoT Alliance to negotiate a partnership to innovate in IoT and develop smart city solutions. The latter is a subsidiary of China Mobile Communications Corporation, which is the world’s largest mobile phone operator and mobile telecommunications corporation by market capitalization.
In mid-2017, China Mobile, China Telecom, Huawei and over 140…