Buy OriginTrail (TRAC)

What is OriginTrail?

OriginTrail is a blockchain-based platform aimed at enhancing supply chain management and real-world asset tracking through a decentralised knowledge graph (DKG) and blockchain technologies. It functions as a trusted infrastructure for AI by facilitating the discoverability and traceability of crucial knowledge and assets globally.

How does OriginTrail work?

OriginTrail operates via a dual-layer system:

1. Blockchain Layer (Layer 1): Utilizes networks like Ethereum, Gnosis, Polygon, and Polkadot Parachain, leveraging smart contracts for decentralised and immutable data management.

2. Decentralized Knowledge Graph (DKG) Layer (Layer 2): A network of nodes (OriginTrail Decentralized Network or ODN) manages off-chain data, enables interlinking of knowledge assets, and ensures data integrity and authenticity, with TRAC tokens facilitating operations and node incentivisation.

What are the potential use cases for OriginTrail?

OriginTrail can be applied in various sectors:

• Supply Chain Management: Enhancing transparency and trust in supply chains, as seen with projects like AidTrust in pharmaceuticals.
• Healthcare: Managing logistics of medical supplies to ensure proper delivery and storage.
• Construction: Verifying building materials' provenance to prevent counterfeits.
• AI and Misinformation: Supporting AI through a verifiable data network to combat misinformation.
• Tokenization of Real-World Assets: Facilitating the digitisation and secure exchange of asset ownership.

What is the history of OriginTrail?

OriginTrail was founded in 2013 by Tomaž Levak, Žiga Drev, and Branimir Rakić initially to address traceability in food supply chains. It evolved after a successful ICO in 2017, raising $22.5 million, and partnered with major organisations like Walmart and the EU Commission. The platform has broadened its scope across various industries, establishing itself as a leader in decentralised data management through innovations like the Decentralized Knowledge Graph. The TRAC token continues to empower its network by fostering transparency and trust in data exchanges.