OriginTrail Price (TRAC)

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$0.6452-0.83%1D
Uphold
TRAC
USD
1 TRAC =$0.6452Last updated:
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Price of OriginTrail (TRAC) today

As of the latest data, OriginTrail (TRAC) is currently priced at $0.6964 with a market capitalization of $278.01M. The 24-hour trading volume stands at $3.53M, The circulating supply of OriginTrail is approximately 405.65M. The cryptocurrency has seen a -1.23% decrease in value over the past 24 hours.

Best OriginTrail (TRAC) Prices

About OriginTrail (TRAC)

OriginTrail (TRAC) is a cryptocurrency asset with the internal ID 431 on LunarCrush. It is a blockchain-based platform that aims to improve supply chain management by providing transparency and traceability. The asset's technology utilizes blockchain and decentralized technologies to ensure the integrity and security of supply chain data. OriginTrail's main use case is to enable companies to track and verify products throughout the supply chain, reducing fraud and ensuring product authenticity.

The asset's key features include secure data sharing, real-time tracking, and immutable records. By leveraging blockchain technology, OriginTrail allows companies to securely share data with partners while maintaining data integrity. Real-time tracking capabilities enable companies to monitor the movement of products at every stage of the supply chain. The use of immutable records ensures that all data is tamper-proof and transparent.

OriginTrail's technology is designed to address the challenges of supply chain management, such as counterfeiting, fraud, and inefficiencies. By providing a decentralized and transparent platform, OriginTrail enables companies to build trust with consumers and partners by ensuring the authenticity and quality of products. Overall, OriginTrail aims to revolutionize supply chain management by leveraging blockchain technology to create a more transparent and efficient global supply chain.

How does OriginTrail work?

OriginTrail (TRAC) is a decentralized protocol that enables trustless peer-to-peer transactions by utilizing blockchain technology. It operates on a decentralized network of nodes that validate and store data in a secure and transparent manner. The consensus mechanism used by OriginTrail is based on a combination of proof-of-stake and proof-of-authority, ensuring the integrity and reliability of the data shared on the network. One of its unique features is the ability to create interconnected supply chains, allowing for seamless data sharing and verification across multiple parties. OriginTrail is used in various industries such as food and beverage, pharmaceuticals, and logistics, where traceability and transparency are crucial. Its decentralized nature and peer-to-peer transactions make it a more efficient and secure alternative to traditional financial systems, offering a wide range of functionalities and potential applications in different platforms and industries.

How to keep your OriginTrail (TRAC) safe?

To keep your OriginTrail (TRAC) safe, consider using hardware wallets such as Ledger for enhanced security measures. These wallets provide an extra layer of protection by storing your private keys offline, making it harder for hackers to access your funds. Additionally, trusted platforms like Coinbase and Uphold offer secure storage options for your TRAC tokens, with features like two-factor authentication and encryption to keep your assets safe from potential threats. By utilizing these tools and platforms, you can better safeguard your OriginTrail investments and have peace of mind knowing your assets are secure.

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