OriginTrail

$0.2277
Token Release
Total Supply
500,000,000
Cir.Supply
362,341,167
Release Progress
72.47%

OriginTrail Chart

Key Metrics
Current Price:
$0.2277
24h change:
Market Cap:
$82,497,787
Rank:
#285
All time high:
$0.9009
All time low:
$0.0039
Token Allocation

OriginTrail

OriginTrail is an ecosystem & open-source protocol contributing to a more transparent, fair & trusted global supply chain.


What Is OriginTrail

OriginTrail enables seamless data sharing along any supply chain. The decentralized, blockchain-supported network protocol ensures trust, transparency, and security. It helps companies exchange relevant data seamlessly and in a secure way to build accountability, protect their brands and increase efficiencies. Token Generating Event will enable development of the OriginTrail Decentralized Network that will be scalable and applicable to any product supply chain.

How OriginTrail Works

OriginTrail is a purpose-built decentralized protocol running on a network of public nodes and enabling blockchain supported data sharing in supply chains. It enables seamless and automatic data connection and interoperability between IT systems and devices of different stakeholders in multi-organisation supply chains, with consensus mechanisms for ensuring integrity of data. Data exchange is based on globally recognised GS1 standards, while existing blockchain solutions are being used to keep fingerprints of the graphs ensuring immutability. This brings a profoundly new way of building transparency in supply chains and provides a necessary foundation to build new value - increased trust, optimised supply chain efficiencies, automated compliance and enforce quality assurance processes.

Using OriginTrail, all stakeholders can securely share their data and keep sensitive data fully encrypted at all times. By supporting global standards for data exchange (GS1, IoT, compliance standards), OriginTrail assures compatibility with existing ERP systems, making implementation process quick and efficient. Finally, it is fully decentralised. It removes the possibility of collusions and introduces full accountability for the data provided. OriginTrail is built on existing use cases.

OriginTrail Decentralized Network

OriginTrail protocol runs on an off-chain decentralized peer to peer network, called the OriginTrail Decentralized Network (ODN). It enables peers on the network to negotiate services, transfer, process and retrieve data, verify it's integrity and availability and reimburse the provider nodes. This solution minimizes the amount of data stored on the blockchain in order to reduce cost and inefficiency.

Application layer

The application layer is the built on top of the ODN network capabilities and presents the ground for implementing the consumer facing instances - decentralized applications built by developers, explained further in this document.

ODN Network layer

The network layer takes care of the accessibility and data governance of the underlying data layer. It consists of a network of nodes which all contain parts of the decentralized database and store supply chain data in graph form. Access to the data is achieved through the provided data exchange API.

ODN Data layer

The data layer of ODN takes care of all the necessary data management and connectivity functionalities. Because of the need to connect many different data sets across the supply chain, while providing the flexibility to support many different connection options, data relationships are the key focus of the data layer. Therefore the basis of the data layer is a decentralized graph database.

Blockchain layer

OriginTrail incorporates blockchain as the platform to ensure data integrity and trusted payments. All the data entering the system gets immutably “fingerprinted” in the blockchain (using a cryptographic hash) which provides for a tamper-proof mechanism for supply chain data. The blockchain layer allows the OriginTrail network to utilize different blockchains for fingerprinting which provides flexibility and ensures longevity of the protocol by not having "blockchain lock-in" to one single platform.