OriginTrail price

OriginTrail protocol brings trusted data sharing to global supply chains by utilizing blockchain technology. The OriginTrail Decentralized Network (ODN) is built for data integrity and validation in inter-organizational environments, based on globally recognized standards and powerful graph data structures. With existing use cases across different industries, OriginTrail is a foundation for the next generation of business applications. 1.Standards for data exchange Providing interoperability by easy use of globally recognised GS1 standards for supply chain data exchange and common IoT protocols. 2.Consensus checks within supply chains Ensuring data integrity by cross-reference checks of independently provided data within a supply chain using zero knowledge proof methodology. 3.OriginTrail Data Storage Decentralised graph database is utilised to get the best performance, scalability and cost-efficiency. It allows for fast and simple manipulation of complex hierarchical supply chain data. 4.Tamper proof blockchain agnostic system OriginTrail utilizes blockchain of users choice to provide the data mutability protection layer. 5.Trace token network The Trace token is the means of compensation between supply chain data producers and data consumers on one side and the OriginTrail node holders on the other. It provides the incentive to the nodes in the peer to peer network to perform the system functionalities. Awards, determined by bidding, are without additional arbitrary fees. It is based on the ERC20 token standard.