OriginTrail Price Chart Update [TRAC]

What is OriginTrail (TRAC)?

OriginTrail (TRAC) is a decentralized platform that operates on the Web 3.0 Protocol and utilizes modern Blockchain technology. It serves as a support system for businesses involved in the supply chain.

The main mission of OriginTrail is to ensure transparency and integrity of data within the chain, which helps businesses protect their brands and reduce risks associated with goods.

One of the key features of OriginTrail is its ability to quickly and automatically connect and link data between devices. This enables users to efficiently process supply-related data between parties, with all data securely stored in blocks.

OriginTrail is an all-in-one solution for building supply chain transparency, allowing users to monitor and control automated processes while ensuring efficiency.

OriginTrail (TRAC) Features

The OriginTrail (TRAC) platform was launched in late 2018 to address the various challenges faced by businesses.

Improving Interaction and Safeguarding Data

OriginTrail operates on GS1 and W3C standards, facilitating interoperability between data sources. It efficiently aligns data, even when collected from different sources, such as descriptive data, tracking data, or IoT data. The aligned data is verified through a consensus algorithm, and the audit process is automatically authorized, ensuring the security of sensitive data.

Enhancing Data Security

OriginTrail establishes a tamper-proof hash on the Blockchain to ensure data integrity. This hash function verifies that the data has not been modified or tampered with, similar to a fingerprint security mechanism.

Cost Savings through Efficient Data Management

OriginTrail optimizes the process of maintaining and preserving data with its ODN feature. Compared to traditional security solutions, ODN is more efficient and economical. As an Open-source system, it is easy to deploy and integrate with legacy systems.

Encouraging User Participation in the Ecosystem

OriginTrail introduces the TRAC coin to incentivize and enhance user experience. This coin serves as a reward for developers, holders, and community members. Additionally, OriginTrail implements a token staking feature to attract miners to participate in the project.

These are the four core features that OriginTrail aims to provide, overcoming the limitations of centralized Blockchain solutions. The OriginTrail decentralized system consists of data providers, data creators, data owners, and data viewers.

OriginTrail Roadmap

For detailed information about the roadmap, please visit this link

: