Thread by @CryptoGirlNova

1) In today's market it's increasingly difficult to select high quality cryptocurrencies.

Most fade away and as such we need to search for the best fundamentals.

A thread on $TRAC and why you should take a look at this cryptocurrency.

Read on 🧵👇

@origin_trail #trac

2) There's a huge amount of data available today.

Data organization is more difficult today simply because there is so much more of it.

When you have a data overload, it bogs down processing times which can reduce the ability of people to access this information.

3) If we can't find a way to access and share these huge amounts of data in a safe, secure and organized way most business are going to have a really tough time moving forward.

Especially because data overload isn't going to get any better. It'll keep growing.

4) ENTER ORIGINTRAIL

The OriginTrail blockchain was created to enable trusted data sharing along supply chains.

It allows companies, organizations, and even other blockchains to safely and securely share information in its fully decentralized knowledge graph network.

5) The data in the network is secured through monitoring activities of oracles and artificial intelligence agents.

The OriginTrail protocol allows for expiration of data, and sensitive data can be protected through the use of zero-knowledge methods.

6) At its most basic level OriginTrail is a collection of decentralized network nodes holding and sharing data.

The network’s TRAC token is what brings everything together on the network, and it can be used to keep data immutable and nodes honest.

7) The protocol is designed to address three challenges that all enterprises face when attempting to connect their legacy systems to blockchains.

• Supply Chain Data Fragmentation

• Supply Chain Data Centralization

•Sensitive Data Protection

8) OriginTrail addresses these three challenges above through its four core technological features:

• Interoperability and Data Integrity

• Data Immutability

• Stability & Cost Efficiency

• Network Incentivization via Token Staking

Let's go more in depth below 👇

9) Interoperability and Data Integrity

In order to promote interoperability the OriginTrail network was built in accordance with the GS1 and W3C standards.

Using these global standards allows data to be aligned efficiently, even when taken from multiple sources.

10) Data Immutability

Data is made immutable by creating a tamper-proof cryptographic hash of the data.

This is similar in nature to a fingerprint, and after being created the hash is placed on the blockchain.

Later it can be used to verify that the data has not been modified.

11) Stability & Cost Efficiency

Most of the heavy lifting that involves data integrity and interoperability occurs offchain.

That allows the ODN to operate more efficiently and cheaply.

Because it is an open source system it is easy to deploy and integrate with legacy systems.

12) Network Incentivization via Token Staking

The TRAC token serves several functions:

• Compensate data creators, holders, and consumers.

• The staking system that keeps all the parties involved in the network honest.

13) These four core technological features work together to overcome one of the serious limitations in a centralized blockchain solution.

keeping trust between all the parties in the network.

14) TRAC TOKENOMICS

The token (TRAC) is an ERC-20 utility token used to power the entire OriginTrail ecosystem.

It was pre-mined with a total supply of 500 million tokens, and is non-inflationary.

Most of the supply is already unlocked today (Circ supply 70%+).

15) TRAC UTILITY

There are six ways in which the TRAC token provides utility.

The network is incapable of functioning without the token.

• Participation ecosystem
• Publishing data
• Collateralization
• Starfleet chain
• Staking
• Knowledge Incentivization

16) TEAM AND ORIGIN

The project has been around since the release of an Alpha version of their platform in 2013.

OriginTrail itself was formed in 2011. This makes them one of the older blockchain projects around.

17) The CEO and a founding member of OriginTrail is Tomaz Levak.

He is also a member of the Ethereum Enterprise Alliance Supply Chain working group and has experience managing tech projects in Europe and the Middle East.

18) OriginTrail’s second founding member and COO is Ziga Drev.

He has previously managed complex supply chain setups in Europe and Asia, giving him deep experience in space that has helped in building OriginTrail.

19) The third founding member of OriginTrail and its CTO is Branimir Rakić. He has been working to introduce blockchain to supply chains since 2016.

20) OriginTrail has been tested by many global brands.

It also attracted a huge amount of partners with an impressive growing list.

21) OriginTrail goes way beyond the basics and features I've listed.

Any thread wouldn't be able to hold the length of a full explanation.

As such I recommend to take a look at this fabulous community created website for a deeper look.

tracdeepdive.otnoderunner.com/deepdive/

22) CONCLUSION

OriginTrail is tackling real-world problems in the supply chain and easing the pain point experienced in the transition to blockchain based solutions.

OriginTrail creates a platform that allows for trust, easy integration and improved tracking and data storage.

23) OriginTrail is not one of the over-hyped crypto projects that are so common.

It’s a project that’s been years in the making.

If they can continue this growth trajectory they should become a strong force within the supply chain industry.

Nova out ❤️

24) If you want to keep up to date to most of my content and interesting projects give me a follow @CryptoGirlNova.

I also research the communities top voted cryptocurrency every week so you can keep track of all the most exciting projects.

Your favorite writer Nova ✍️

25) If you had value from this and liked this thread, it would really bring a smile to my face if you could retweet the first post so this can help as many people as possible.

Everyone deserves free knowledge 📘

Love you all ❤️

First post 👇

https://twitter.com/CryptoGirlNova/status/1584264902201339904?t=7JHOdXfV55Lt6YOqQyJzCw&s=19