OriginTrail (TRAC) price, chart, coin profile and news

Find the latest OriginTrail (TRAC) price, coin profile, news and history to get you started with OriginTrail trading and investing.

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What is OriginTrail?

OriginTrail is an ecosystem based on the Ethereum blockchain that has use cases in the supply industry. It aims to connect supply chain networks all over the world by enabling a trusted data exchange that is universal and collaborative in nature. The OriginTrial Decentralized Network (ODN) is an open-source protocol that facilitates data sharing between various companies and organizations that benefit from the protocol. It improves interoperability and enables a seamless data exchange between the parties. The information is securely shared in the completely decentralised network, which is monitored using oracles and artificial intelligence. ODN is a middle layer protocol, so it can interact with various blockchain networks. It already supports Ethereum, xDAI, and HyperLedger Fabric with both Polkadot integration and its own blockchain, StartFleet Chain, pending launch in 2021.

Among the core features of this network is data interoperability. It's built with globally recognized standards, thus enabling the homogeneity of data systems. This allows data from both legacy and blockchain-based systems to align efficiently. Once data is published on the network, a cryptographic hash is attached to the data, which is used to verify if the data is manipulated at any point in the network. TRAC is the native token of the ODN, which also behaves as its utility token. Essentially it acts as the binding factor for all the entities participating in the protocol. It's used as an incentive for the data holder’s good behavior and retains the data’s immutability. It's also used as a payment for the data holder’s time and resources. The token has a maximum supply of 500 million tokens that are pre-mined and non-inflationary.

OriginTrail (TRAC) is the 276th largest cryptocurrency in the world by market cap, valued at $105,794,264. The current price of OriginTrail is $0.40605708, which is 0.005% lower than yesterday. Prices have ranged between $0.45621004 and $0.38715677 over the past 24 hours. All prices are listed in Australian dollars (unless otherwise noted) and accurate as of May 16, 2022 05:05 UTC.

Disclaimer: This is not an endorsement of cryptocurrency or any specific provider, service or offering. It is not a recommendation to trade.

OriginTrail (TRAC) price

Use our graph to track the performance of (TRAC) over time.

OriginTrail at a glance

Information last updated May 16, 2022 05:05 UTC.
Coin symbol TRAC
Coin Marketcap AUD$105,794,264
Total TRAC supply 500,000,000
Circulating TRAC 369,027,318
Current price AUD$0.40605708
All time high AUD$7.1643
All time high date March 13, 2020
Notable team members Tomaž Levak, Žiga Drev, Branimir Rakić
Partnerships Oracle, BSI, EVRYTHNG
Industry Supply chain management
Token uses Utility token
Network Ethereum

OriginTrail price performance over time

Historical prices compared with the price of $0.40605708.

1 hour 2.49%
24 hours 0.01%
7 days 4.16%
14 days 1.90%
30 days -16.34%
60 days -30.02%
200 days -49.94%
1 year -33.26%

Disclaimer: Cryptocurrencies, including OriginTrail, are speculative, complex and involve significant risks – they are highly volatile and sensitive to secondary activity. Performance is unpredictable and past performance of TRAC is no guarantee of future performance. Consider your own circumstances, and obtain your own advice, before relying on this information. You should also verify the nature of any product or service (including its legal status and relevant regulatory requirements) and consult the relevant Regulators' websites before making any decision. Finder, or the author, may have holdings in the OriginTrail or any other cryptocurrency discussed.

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