Modern supply chains are complex and as products flow, so does data. It is hard to keep track between all points of the supply chain and this can put the quality and safety of products at risk. This makes the traditional supply chain process setup out of date in today’s interconnected world.
OriginTrail ecosystem brings trusted data sharing to global supply chains, including Fortune 500 companies in multiple sectors. Good practices show in supporting provenance and sustainability with evident results for businesses, consumers, and the environment, such as preventing counterfeits or tracking food sources.
By using the OriginTrail Decentralized Network (ODN) in inter-organizational environments, companies are achieving the highest data integrity and validation. And based on globally recognized standards and powerful graph data structures, they get end-to-end visibility of their supply chains.
Stemming from hands-on experience and tech advancements, the ecosystem builds on principles of neutrality, inclusiveness, and usability and contributes to more transparent, collaborative, fair, and trusted global supply chains. As an open-source blockchain-based technology paving the way to large-scale adoption, OriginTrail protocol is attracting the interest of the researchers, public institutions, and government decision-makers on an international level. It is a layer-2 data scalability solution on Ethereum blockchain.
Trace token (TRAC) is an ERC-20 utility token and operates on the Ethereum platform. The token is used as a means of exchange on the OriginTrail Decentralized Network (ODN) mainnet. Organizations storing the data on the ODN need to pay the nodes in TRAC and node runners need to stake TRAC to guarantee their service. You can find more about the network mechanism, incentives, and token economics in this blog post.
OriginTrail has a current supply of 500.000.000 TRAC with 286.928.834 TRAC in circulation. It is currently trading on 6 active markets.
(Data as of 7 Sep, 2019, CoinMarketCap.com)
OriginTrail is an ecosystem dedicated to making supply chains work since 2011 – through championing standards supporting a universal data exchange (interoperability), connecting rather than replacing legacy IT systems (interconnectivity) and ensuring data immutability by utilizing the blockchain technology (integrity).
Run a Node
The OriginTrail Decentralized Network (ODN) is a neutral, peer-to-peer network for supply chain data exchange. Anyone can set up a node.