OriginTrail is the first purpose-built protocol or supply chains based on the blockchain. It is the only scalable solution for data management across complex supply chains through purpose-built decentralized graph database.
The OriginTrail tech team is working hard on delivering fast results and focusing on real use cases of the protocol. We are currently in the early stages of the alpha network, moving towards the testnet deployment in Q2 this year. A big part of our work is focused on running simulations on token economics. Based on this analysis and research, we will be able to define all the details regarding node requirements and bidding mechanisms for compensations.
We are looking at different forms of staking for nodes that will participate in the network, but the exact models of node engagement need further research and tweaking with real data load. This staking mechanism would have to scale well both in terms of token value as well as through the years of protocol life.
Our goals are to enable wide adoption of the protocol by equalizing opportunities to take part in the network, and protecting the network from various forms of centralization that might be a result of an improperly set incentive mechanism from the get-go. This is why we are not going to announce any specific information until we are confident the system makes for a long-term stable solution. We expect a clearer picture by the end of March 2018. Until an official announcement from the team has been released, consider all information regarding incentivizing nodes, "masternodes" or staking to be just hear-say.
The launch of the OriginTrail Decentralized Network is planned for Q3 2018, with the testnet launched by the end of June. Please see the project’s roadmap for details.
For all official announcements, you can join our Telegram Announcements Channel. You can find more in-depth content and monthly reports on our blog or subscribe to our weekly newsletter. If you have a question for the team, especially regarding development or implementation, you can reach us on our official chat.
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.
You can learn more about the Trace Alliance in this blog post.
Yes! OriginTrail is already ensuring data integrity with live connection to the blockchain for major food supply chains. You can find the case studies here. 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.
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.
Founders’ vesting schedule is together with the team, receiving 12,5% of their tokens every 3 months over first two years.
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 - 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.
TRAC tokens are the only tokens with the functionality within the OriginTrail protocol ecosystem. You can read more about them here.
Whitelisting is the process of confirming your ETH wallet address to be able to take part in presale and crowdsale contribution phases. Whitlisting your address also means we will be carrying out the necessary KYC practices to conform with all the legal requirements. You will also access the address to which contributions should be made exclusively through your login. We will never be communicating contribution addresses through any other channels.