What is OriginTrail? What Does TRAC Do? - Coinleaks
Current Date:September 21, 2024

What is OriginTrail? What Does TRAC Do?

TRAC is an ERC-20 Token created on the Ethereum Blockchain. In this article, as Kriptokoin.com, “What is OriginTrail?” We will answer the question. In addition to these, we will touch on all the questions about the project.

What is OriginTrail? What does TRAC do?

The OriginTrail platform is the world’s first decentralized infographic for organizing and discovering assets. It provides a reliable data sharing opportunity to global supply chains. In addition, TRAC, which has created an OriginTrail Decentralized ODN Network, is promising in data security and secure data storage.

What is the purpose of the project?

The TRAC Coin project was developed to bring global supply chains together with the most reliable data. In line with global standards, the protocol aimed at data integrity and verification purposes, especially in inter-enterprise environments, developed TRAC Coin to encourage its stakeholders belonging to the decentralized network ecosystem.

Comment:

The project, which aims for global companies to benefit from the privilege of data storage in accordance with world standards; With innovations such as application layer, ODN Data layer, ODN network layer and Blockchain layer, it has gained longevity and high efficiency. The project, which draws attention in terms of targeting large enterprises, is mentioned positively in the comments of crypto money experts. Experts also think that the Token, which they expect global companies to switch to in the future, will show good pricing success.

What are the advantages?

  • The platform aims to meet growing data security and storage needs.
  • The presence of especially global companies on its radar suggests that institutional investor interest will focus on Token.
  • The maximum Token supply of 500 million units dispels inflationary concerns.

What are the disadvantages?

  • The fluctuating price course may affect the risk perception of the investors.
  • Since the project is not listed on a sufficient number of cryptocurrency exchanges, the investor audience it appeals to is limited.
  • TRAC should be stored in a hardware wallet, especially against attacks and theft risks.

What is OriginTrail? How to buy TRAC?

Exchanges where TRAC is traded; KuCoin is Uniswap (V3), Coinbase Exchange and HitBTC. To purchase coins, these steps are followed:

First, access the web/mobile application of the TRAC listing exchange you selected as the first step. Then complete the account opening steps of the exchange. Complete the next step, the authentication and approval process. Follow the steps of the exchange, which is the next step, to deposit funds. As the last step, choose TRAC Coin with the balance amount you want and create a purchase order. Store it in your trusted accounts.