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WABI (WABI) PRICE PREDICTION 2018
WaBi is looking to combine blockchain and the authentication of physical assets through RFID. As of 18-3-2018, the price of WaBi stands at $0.76421 USD. You will get 130.85 UTK tokens for your 100$ investment. A long-term price increase is expected based on our forecasts. The five-year prognosis places WaBi at 2.152 USD. The price today is $0.7687. There are 45,248,033 WABI tokens out there and the market cap is $34,578,909. The trading volume is at $1,052,900. WaBi Price prediction, WaBi Price forecast, WaBi Price and news, WaBi Price forecast, WaBi Price prediction 2018, What is the price of WaBi 2018.
WHAT IS WABI (WABI)?
WaBi is a free-floating token that is used to incentivize the use of product verification systems built by its parent company Walimai. It creates RFID based labels that the customers can use to easily verify if a product is real or not. The WaBi token is used as an incentive for scanning the labels on company’s products.
WABI (WABI): HISTORY
The parent company behind the project WaliMai came into existence in 2013 as the founders decided to use RFID tech as a foundation. They started their operations in 2014. They partnered with top producers and retailers to get labeled products to the stores in 2015. The Android, iOS apps and a new version of the RFID tech were launched in late 2016 and the token was introduced in 2017.
HOW DOES WABI (WABI) WORK?
Walimai’s label gets put on a product at a specific time in the supply chain. This point is a trusted and verified partner. This links the product with its unique ID, dynamic code and geographical data stored in the cloud. When the product is scanned, the assets get compared with the corresponding information in the cloud. If anyone of the information from the tag is a mismatch, then the verification will fail. This protects against many types of hacker attacks.
HOW TO BUY WABI (WABI)?
You cannot buy WaBi tokens for fiat cash. You can accumulate them by scanning the Walimai labeled items but that is not a reasonable way to acquire them. Another way is to buy some Bitcoin or Ethereum from Coinbase and then depositing it into a supporting exchange like EtherDelta. This deposited amount can then be traded for WABI coins and can be stored in MyEtherWallet.