-
bitcoin $87959.907984 USD
1.34% -
ethereum $2920.497338 USD
3.04% -
tether $0.999775 USD
0.00% -
xrp $2.237324 USD
8.12% -
bnb $860.243768 USD
0.90% -
solana $138.089498 USD
5.43% -
usd-coin $0.999807 USD
0.01% -
tron $0.272801 USD
-1.53% -
dogecoin $0.150904 USD
2.96% -
cardano $0.421635 USD
1.97% -
hyperliquid $32.152445 USD
2.23% -
bitcoin-cash $533.301069 USD
-1.94% -
chainlink $12.953417 USD
2.68% -
unus-sed-leo $9.535951 USD
0.73% -
zcash $521.483386 USD
-2.87%
When was TRAC coin issued?
OriginTrail's TRAC, launched in 2017 as an ERC-20 token on Ethereum, empowers stakeholders to verify product authenticity and integrity throughout supply chains.
Nov 15, 2024 at 09:25 pm
TRAC, the native token of OriginTrail, has emerged as a pioneering force in the realm of blockchain-based traceability. Its inception in 2017 marked a watershed moment in the industry, heralding a new era of transparency and accountability in supply chains. Since its launch, TRAC has continuously pushed the boundaries of traceability, earning recognition as one of the most prominent players in the field.
Origins and InspirationThe genesis of TRAC can be traced back to the realization of a pressing need for a reliable and tamper-proof system to track the movement of goods throughout complex supply chains. The founders of OriginTrail envisioned a decentralized platform that would empower businesses and consumers alike to verify the authenticity and integrity of products, from their point of origin to their final destination.
The dawn of TRAC: 2017In 2017, OriginTrail embarked on its mission to revolutionize supply chain traceability with the launch of TRAC, an ERC-20 token built on the Ethereum blockchain. The token issuance kickstarted a journey that would reshape the way industries approach transparency and accountability.
TRAC: A Comprehensive OverviewTRAC is at the heart of OriginTrail's ecosystem, serving as a utility token that fuels the network's operations and incentivizes participation. Key aspects of TRAC include:
- Use Cases: TRAC facilitates a wide range of applications within the OriginTrail ecosystem, including data storage, transaction finalization, and governance.
- Governance: TRAC holders play a crucial role in network governance through decentralized voting, shaping the platform's future direction.
- Value Appreciation: The increasing adoption and demand for TRAC have contributed to its value appreciation over time.
The team behind OriginTrail is continuously exploring innovative ways to expand the capabilities of TRAC and the OriginTrail ecosystem. With a focus on scalability, interoperability, and user experience, the future holds exciting developments for the project.
Additional Resources:- [OriginTrail Official Website](https://origintrail.io/)
- [TRAC Token Profile](https://coinmarketcap.com/currencies/origintrail/)
- [OriginTrail Whitepaper](https://origintrail.io/pdf/OriginTrail%20Whitepaper%202023.pdf)
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.
- Bitcoin, eCash Fork, and Airdrop Dynamics: A Deep Dive into Crypto's Latest Controversies
- 2026-05-03 12:55:01
- Consensus 2026 Miami: Web3, Blockchain, Cryptocurrency, NFTs, Metaverse, Conference, May 5th — Where Wall Street Meets the Digital Frontier
- 2026-05-02 12:45:01
- Fed Holds Rates Steady, Triggering Bitcoin Price Drop Amidst Geopolitical Tensions
- 2026-05-01 06:45:01
- Bitcoin Miners Electrify the Grid: Ohio Gas Plant Acquisition Powers Up a New Era for Digital Gold
- 2026-05-01 00:45:01
- MegaETH's MEGA Token Hits the Big Apple: Setting New Performance Benchmarks for Real-Time Blockchain
- 2026-05-01 00:55:01
- Solana's Slippery Slope: Price Prediction Points to Resistance Loss and Potential Further Drops
- 2026-05-01 06:45:01
Related knowledge
What is Ethereum’s Slashing mechanism and how to punish malicious behavior?
Feb 20,2025 at 03:08am
Key PointsOverview of slashingDifferent types of slashing in EthereumIncentives and consequences of slashingIdentifying and reporting slashed validato...
What is the verifier node of Ethereum and how to become a verifier?
Feb 19,2025 at 06:00pm
The Verifier Node of Ethereum: A Comprehensive GuideKey Points:What is a Verifier Node?How to Become a Verifier NodeResponsibilities and Rewards of a ...
What is Ethereum’s staking, and how to participate and earn money?
Feb 19,2025 at 04:37pm
Key Points:Understanding Ethereum's Staking MechanismSteps to Participate in StakingBenefits and Rewards of StakingSecurity and Risk ConsiderationsTec...
What is Ethereum’s DAO (Decentralized Autonomous Organization) and how does it work?
Feb 20,2025 at 03:12am
Key PointsDefinition and Structure of a DAOGovernance and Decision-Making in DAOsBenefits and Use Cases of DAOsChallenges and Limitations of DAOsWhat ...
What is Ethereum's multi-signature wallet and how to improve security?
Feb 20,2025 at 02:18pm
Key Points:Understanding the Concept of a Multi-Signature WalletBenefits and Drawbacks of Multisig WalletsRequirements for Setting Up a Multisig Walle...
What is Ethereum's oracle and how to provide data for smart contracts?
Feb 21,2025 at 01:30am
Key Points:Understanding the concept of oracles in EthereumExploring different types of oraclesDetailed guide on how to provide data for smart contrac...
What is Ethereum’s Slashing mechanism and how to punish malicious behavior?
Feb 20,2025 at 03:08am
Key PointsOverview of slashingDifferent types of slashing in EthereumIncentives and consequences of slashingIdentifying and reporting slashed validato...
What is the verifier node of Ethereum and how to become a verifier?
Feb 19,2025 at 06:00pm
The Verifier Node of Ethereum: A Comprehensive GuideKey Points:What is a Verifier Node?How to Become a Verifier NodeResponsibilities and Rewards of a ...
What is Ethereum’s staking, and how to participate and earn money?
Feb 19,2025 at 04:37pm
Key Points:Understanding Ethereum's Staking MechanismSteps to Participate in StakingBenefits and Rewards of StakingSecurity and Risk ConsiderationsTec...
What is Ethereum’s DAO (Decentralized Autonomous Organization) and how does it work?
Feb 20,2025 at 03:12am
Key PointsDefinition and Structure of a DAOGovernance and Decision-Making in DAOsBenefits and Use Cases of DAOsChallenges and Limitations of DAOsWhat ...
What is Ethereum's multi-signature wallet and how to improve security?
Feb 20,2025 at 02:18pm
Key Points:Understanding the Concept of a Multi-Signature WalletBenefits and Drawbacks of Multisig WalletsRequirements for Setting Up a Multisig Walle...
What is Ethereum's oracle and how to provide data for smart contracts?
Feb 21,2025 at 01:30am
Key Points:Understanding the concept of oracles in EthereumExploring different types of oraclesDetailed guide on how to provide data for smart contrac...
See all articles














