What is OriginTrail?

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OriginTrail (Trac)

Website

Whitepaper

 

In today’s interconnected world, the supply chain process setup is obsolete due to data fragmentation and ineffective decentralized solutions. There are many data siloes exist across supply chains. There are no lasting solutions that provide the needed level of scalability, trust, and performance for interconnected data.  OriginalTrail is a crypto platform that provides automatic data connection and interoperability between supply chain organizations using a consensus mechanism for ensuring data integrity. It also focuses on providing a specialized decentralize system solution for scalability issues, performance, and cost.

OriginTrail features

Some of the features that make OriginTrail a better place for your supply chain performance and data integrity include:

Consensus checks within supply chains.

To ensure data integrity, the platform performs cross-reference checks of independence.  It also provides data with a supply chain by implementing consensus checks algorithms and utilizing the power of zk-SNARKS for sensitive information.

Standards for data exchange

OriginalTrail provides interoperability by use of recognized GS1 standards for data exchange and common IoT protocols.

Tamper-proof blockchain agnostic system

The platform utilizes the blockchain technology of the user’s choice to provide a data mutability protection layer.

Seamless data sharing

An OriginTrail data layer is based on a decentralized graph database to allow for performance, flexibility, scalability, and cost-efficiency. It also allows for simple and fast manipulation of complex hierarchical supply chain data.

Trac token

The Trac token is an ERC20 token based on the Ethereum blockchain. The Trac token is the only means of compensation between supply chai data consumers and producers and the Original node holders on the other side. The token provides the incentive to nodes in the P2P network to help in the system functionalities.

Trace token use cases

  • Discover and connect functionalities
  • Supply chain consensus checks
  • Data replication checks
  • Filtering and delivering supply chain data
  • Data quality checks
  • Data storage and management

Token sale

OriginTrial pre-sale will be launched from 15 January and ends on 28 January and immediately followed with the crowdsale which will start on 29 January to February 12th, 2018. The crowdsale hard cap is targeted and $22.5 million. I Trac will be equal to 0.5 % ETH during the token sale. To participate in the crowdsale and presale, you need to be added to the whitelist.

Team

The team mission is building transparency in the supply chains. OriginTrail is led by co-founder and CEO Tomaz Levak, co-founder and COO Ziga Drev and co-founder and CTO Branimir Rakin among others.

 

 

Author

  • Zarihoun Traore

    Hello, I'm Zarihoun Traore, the founder and driving force behind Cryptostec. With over nine years of experience in the crypto, financial, and payment sectors, I have dedicated my career to understanding and navigating these dynamic industries. My journey has taken me through a variety of roles and projects, from SaaS and Fintech startups to casino brands, each contributing to the depth of knowledge I share with you today.My JourneyI have had the privilege of presenting at prominent events like CryptoFinance and attending numerous key conferences such as Websummit, Paris Blockchain Week, and iFX EXPO. These experiences have been invaluable, allowing me to engage with industry leaders, stay ahead of emerging trends, and bring back insights that shape the content you find on Cryptostec.

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