Origin Trail is a supply chain protocol built around solving the issues in trust and transparency in a growing, dynamic and evolving logistics world by allowing different networks and systems to speak to each other and at the same time verify and backup all movement on the Blockchain.
Think of Origin Trail as a layer (middle layer) between Blockchains and Supply-chain encompassing business, consumer and every aspect of a supply-chain.
TITLE : Origin Trail (TRAC)
COMPANY ORIGIN :
PLATFORM : ERC20 currently but will be compatible with other Blockchains in the near future.
PURPOSE : Supply Chain Protocol
POINT OF DIFFERENCE : MAJOR PARTNERS :
WEBSITE : Origin Trail website
WHITE PAPER : Origin Trail whitepaper
ROADMAP : Origin Trail roadmap
COMMERCIAL WHITEPAPER: N/A
WORKING PRODUCT ? : Live platform
CURRENT PRICE ACTION :
How does Origin Trail work?
In order for Origin Trail to fufill its purpose – the project has outlined its ‘Solution Stack’ which comprises of;
- Application Layer
- ODN Data Layer
- ODN Network Layer
- Blockchain Layer
The layers are best desribed directly from the team themselves;
What Problems is Origin Trail looking to solve?
The supply chain plays a massive role in our daily lives – from the medicine and food you take, to your luxury and designer goods, it all comes from a supply-chain.
The two major issues to date are;
- Our current highly fragmented supply chain network
- Lack of a trustless, secure, robust infastructure or technology
However, it has been proven time and time again and our current systems are flawed. For example take the 2008 Chinese Melamine Milk Scandal where babies died and many were very ill – this could have been prevented with a robust, decentalised & trusted vefrication network.
Origin Trail Real-world use cases?
Blockchain is and will revolutionise the Supply-chain and Logistics model. Over and over again we see corruption with our Medicines, Foods and anything that requires a chain from the manufacturer to consumer.
This is where Origin Trail fits in – their product by design is catered to many enterprise level niches and business verticals including –
- Supply Chain Integrity (end to end tracebility and authentication/Brand protection)
- Supply Chain Management (Supplier Inventory Management, Identification of bad actors)
- Compliance and Regulatory (Full Audit Trail of data, Insurance Claim prevention)
- Costs/Efficiencies (reducing customer/partner costs with improved systems/timing/labour)
Origin Trail vs Competitors
The Supply-chain race is hot – with the likes of Chinese Giants VE Chain , South-east Asia company TE-Food, Wali and many others competing. However the marketplace is very large and there is room for all to thrive alongside eachother depending on their target audience.
For example VE Chain is aimed at the top enterprise level companies e.g BMW while TE-Food is aimed at third world or developing country primary industry tracking.
Origin Trail is also targeting enterprise level but in a different marketplace e.g Focusing on Scandavia and Europe etc – the race is very very young.
Origin Trail Team
The Origin Trail team is full of talent and outright passion for the industry – lets take a quick look at the founders.
Origin Trail Roadmap
The 2018 Origin Trail road-map is ambitious and one that if successful will propel Origin Trail even further – one major milestone that has caught my eye is in Q4 , 2018 with International Compliance Standards being introduced and confirmed – this may pave the way for huge adoption.
A potential Wal-mart partnership has been circulating also.
Where can you Purchase Origin Trail tokens?
How to protect & store your Origin Trail tokens?
Origin Trail ($TRAC) tokens are ERC-20 compliant and can be stored on your Ledger Nano S
Outlook for Origin Trail
Origin Trail is quietly moving along its road-map with efficiency. They have rumours of a Wal-mart partnership of some degree with Origin Trail and a very strong ambitious team based out of a Crypto-strong hold – Switzerland.
I will be keeping Origin Trail firmly on my radar of Supply-chain projects.
Reach out if you have questions about Origin Trail or need help with any topic.
Disclaimer : The Author was not holding Origin Trail ($TRAC) at the time of writing this article. All content is research, opinions and personal view points from our Analysts. This is not financial advice and should not be treated as such. If you have any queries or edit requests please contact [email protected]