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Live trac Price
₹33.3154
2.56%
Price Changes
₹0.85287424
2.56%
24h Low
₹33.9785
24h High
₹35.6405
Quantity
TRAC
Price
INR
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OriginTrail is a decentralized protocol that connects supply chains and digital ecosystems to ensure transparency, trust, and interoperability. It enables businesses and developers to share and verify data securely while enhancing operational efficiency. The TRAC token powers the ecosystem, facilitating transactions, staking, and governance.
OriginTrail was founded in 2018 by Tomaž Levak, Žiga Drev, and Jure Šumrad to address inefficiencies in global supply chains. The project leverages blockchain technology to create a decentralized knowledge graph for seamless data sharing and trust-building.
• Decentralized knowledge graph: Enhances supply chain operations with a global, interoperable data network.
• Transparency: Promotes trust and accountability by enabling secure data sharing.
• Interoperability: Connects multiple ecosystems, including blockchain and legacy systems.
• Governance: TRAC token holders can vote on protocol updates and decisions.
OriginTrail is a leading solution in supply chain transparency and data interoperability. Ranked among the top 200 cryptos by market cap, the associated token, TRAC, has significant growth potential. Analysts predict OriginTrail will continue to gain traction as enterprises seek robust solutions for supply chain optimization.
You can buy TRAC from crypto exchanges like CoinSwitch.
• Supply chain optimization: Use OriginTrail to enhance transparency and efficiency in supply chains.
• Data sharing: Securely share and verify data across ecosystems using the protocol.
• Governance: Participate in protocol decision-making by voting with TRAC tokens.
• Staking: Stake TRAC tokens to support network operations and earn rewards.
• Provides transparency and trust for global supply chains.
• Promotes interoperability across blockchain and traditional systems.
• Offers staking and governance opportunities for TRAC holders.
• Faces competition from other supply chain-focused blockchain projects.
• Adoption depends on enterprises integrating OriginTrail into their operations.
• Market volatility due to its niche focus on supply chain solutions.
• Start investing in TRAC with just ₹100.
• CoinSwitch provides a seamless and intuitive trading experience for all users.
• Easily manage your transactions and portfolios on the app.
OriginTrail (TRAC) is a decentralized knowledge graph protocol that enhances data sharing across various industries. The TRAC token is integral to the network’s operations, facilitating the creation and updating of knowledge assets and enabling delegated staking to nodes. The token allocation includes 35% for the token sale and 20% for the founders and the team.
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1. What is the main purpose of OriginTrail (TRAC)?
OriginTrail is designed to enhance supply chain transparency, trust, and data sharing by using blockchain technology. It creates a decentralized knowledge graph that connects global supply chains and ecosystems, ensuring data integrity and interoperability.
2. How does OriginTrail improve supply chain management?
By leveraging blockchain and its decentralized knowledge graph, OriginTrail enables secure and transparent data sharing across multiple ecosystems. This helps businesses verify information, reduce fraud, and optimize operations, resulting in more efficient supply chain management.
3. Can businesses integrate OriginTrail into existing systems?
Yes, one of the primary features of OriginTrail is its interoperability. It can connect blockchain-based systems with legacy systems, making it adaptable for businesses looking to improve supply chain transparency without completely overhauling their existing infrastructure.
4. How can I participate in OriginTrail's governance?
Highlight
OriginTrail (TRAC) is a blockchain-powered protocol designed to enhance supply chain transparency, interoperability, and data sharing. It does this by creating a decentralized knowledge graph for global ecosystems.
TRAC Price Today
TRAC Price
₹33.3154
Price Change 24h
2.56%
Price Change 7d
14.15%
Market Rank
#195
Market Cap
₹1,710 Cr.
Trade Vol 24h
₹14 Cr
Circulating Supply
₹50 Cr. TRAC
Trading Activity
80% Buy20% Sell
Disclaimer : Crypto products and NFTs are unregulated and can be highly risky. There may be no regulatory recourse for any loss from such transactions. The information provided in this post is not to be considered as investment/financial advice from CoinSwitch. Any action taken upon the information shall be at user's own risk.
