OriginTrail

Purpose-Built Protocol For Supply Chains

ERC20 Token

OriginTrail (TRAC)

OriginTrail is the first purpose-built protocol for supply chain based on the blockchain. Trace (TRAC) is a utility token that enables data operations on the OriginTrail Decentralized Network.

OriginTrail enables seamless and automatic data connection and interoperability between IT systems of different stakeholders in multi organisation supply chains with consensus mechanisms for ensuring integrity of data.

OriginTrail protocol runs on an off-chain decentralized peer to peer network, called the OriginTrail Decentralized Network (ODN). It enables peers on the network to negotiate services, transfer, process and retrieve data, verify it’s integrity and availability and reimburse the provider nodes. This solution minimizes the amount of data stored on the blockchain in order to reduce cost and inefficiency.

“Blockchain technology has huge potential to decentralize trust in supply chains and bring enormous benefits. To unlock this potential OriginTrail protocol was designed to tackle the prime challenges limiting the exchange and integrity of data in product supply chains. With supply chain data getting increasingly fragmented as well as the poor scalability and cost effectiveness of current decentralized solutions, the need for OriginTrail becomes evident. OriginTrail is a unique protocol enabling IT providers in the supply chain industry quick implementation of blockchain supported data sharing in multi-organizational environments. ”

Buy & Sell
Positives

  • Targeting An Industry In Need Of A Decentralized And Immutable Tracking Solution.
  • OriginTrail Has Received The Walmart Food Safety Innovation Spark Award in Beijing
  • 8+ Partnerships, 6+ Features In Major Press/Articles.
  • Price Action Shows A Very Strong Independence From BTC/ETH Pairings. Hardly Effected By The Market Retracement In February 2018
  • Great TRAC Token Supply Considering Application

Exchanges
Concerns

  • Competitors in this space are and will be fierce to attract eyes from big exporters/importers.
  • ShipChain, Vechain, WaltonChain & Wabi are all involved with logistics/product authenticity in some way. All of these projects will be competing for usage.
  • No other concerns here. Supply-Chain projects like OriginTrail should be watched very closely through 2018 and onwards. This industry is one of the perfect use cases for an immutable ledger.

Official Links
Token Details

Token Type

ERC20

Powered by the Ethereum Network. Can be stored on any ERC20 compatible wallet e.g MyEtherWallet

Token Statistics

Supply

• Ticker: TRAC
• Total Supply: 500,000,000
• Circulating Supply: 254,507,606
• Token Use: Services & Fees

Founders

The Team

Tomaž Levak (CEO Co-founder)
Žiga Drev (COO Co-founder)
Branimir Rakić (CTO Co-founder)
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Industry

& Competitors

• Supply Chain
• Logistics & Tracking
• Competitors – Shipchain, Vechain, Waltonchain

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