OriginTrail
Crypto Overview
Understanding the Intended Utility
OriginTrail (TRAC) is a protocol designed to enable trusted data sharing between companies, organizations, and blockchains. The TRAC token serves as the native utility token of the OriginTrail Decentralized Network (ODN), where it is used to compensate node operators for hosting and publishing data, incentivize network participants, and facilitate the creation and verification of data trails.
Core Business Model & Actual Usage
The project focuses on supply chain management, asset tracking, and verifiable data exchange. The network operates through a system of nodes that store and verify data, with TRAC tokens being used to pay for these services. Notable partnerships include Oracle, BSI (British Standards Institution), and integration with major blockchain platforms like Polygon and Polkadot.
The network has demonstrated real-world adoption through implementations in food traceability, pharmaceutical supply chains, and certification verification. The TRAC token is actively used for its intended purpose of compensating node operators and facilitating data publishing.
Token Distribution & Development
The token distribution shows a balanced approach with no excessive concentration among founders. There are clear vesting schedules for team allocations. The project maintains active development with regular updates to their technology stack and has a transparent roadmap focused on expanding network capabilities and adoption.
Technology & Revenue Model
The revenue model is based on actual service provision - node operators earn TRAC for hosting data, and users spend TRAC to publish and verify information. This creates a legitimate economic cycle without relying on interest-bearing mechanisms or prohibited activities.
Crypto Impact
To assign a comfort level investing in OriginTrail from a halal perspective we need to determine whether it has a net positive or negative impact.
Towards this end, the table below is used to tally all the positive and negative considerations our members can think of related to OriginTrail.
If you don’t see something that should be listed, positive or negative, feel free to submit your own contribution using the button “Contribute”.
We will review your contribution for accuracy before publication.
Importantly, you can review listed contributions and vote on which one you think has the greatest impact, positive or negative.
You only have one vote per asset so use it wisely.
You can change your vote if you change your mind.