The Trace token sale was successfully carried out on January 17th, 2018. Trace tokens (ticker: TRAC) are now exchangeable on the secondary market through various online exchanges - KuCoin, HitBTC and Gatecoin - as well as on some decentralized exchanges, such as IDEX and ForkDelta. Stay tuned for additional updates on listings and ways to obtain Trace.
Please understand that we cannot comment on exchanges until there is an official announcement made. Follow us on Telegram or sign up for the newsletter for additional information.
We are receiving a lot of interest for further implementations of the OriginTrail protocol in various industries. Please note that due to respect of good business practices and non-disclosure agreements, we won’t comment on who we are working with until there is an official announcement.
The Trace Alliance is a collaboration partnership hub connecting businesses, startups, academics, business leaders and technology vendors with supply chain subject matter experts. The collaborative effort of the alliance resolves different organizational challenges in supply chain management. The Trace Alliance was formed to establish common ground for the prompt and effective utilization of blockchain up to its full potential. The Trace Alliance allows companies to receive early access to developing technologies, facilitating new application deployment centered around the OriginTrail protocol.
Yes! OriginTrail is already ensuring data integrity with live connection to the blockchain for major food supply chains. We are also currently implementing pilot projects in other industries. You can find more cases on our blog.
In our first projects, we used EAN barcodes together with expiry date information. This allowed us to relate data for a whole batch of products which is useful for fast moving consumer goods. This solution does not require any product-side modifications, which makes for a lower adoption bar. However, the OriginTrail protocol can include any piece of data in GS1 standard formats, and from unique identifiers, sensors, and the internet-of-things. In a wine pilot project we are working on right now, for example, we use smart tags to track each individual bottle.
TRAC tokens are the only tokens with the functionality within the OriginTrail protocol ecosystem.
OriginTrail is a middleware protocol sitting between the blockchain layer and the application layer. The largest part of the protocol is called the OriginTrail Decentralized Network (ODN) - a peer-to-peer off-chain network that is entirely decentralized but is not a blockchain. Read more about the ODN in the whitepaper. OriginTrail uses blockchain for fingerprinting data and Trace token transactions. Fingerprinting can be done on any blockchain users prefer while the Trace token is an ERC20 token in the Ethereum network.
No. TRAC is remaining an ERC20 token in the Ethereum network. You don’t have to do anything.