Review on OriginTrail by Jorge Hernández
contributing to the systematization of product supply processes
Implementing blockchain technology in the operations of companies contributes to the systematization of processes that facilitate the fulfillment of their organizational objectives.
OriginTrail is a company that aims to use blockchain technology to efficiently track the phases of the process that supply chains carry out from start to finish; to evaluate and correct possible inconveniences throughout the route.
What is the value of this platform?
OriginTrail serves as a reliable body to certify the quality and safety of products in the supply chain, helping to build trust among all members of the chain, whether they are suppliers, merchants or consumers. To do this, it uses the security of blockchain technology by guaranteeing the immutability of product information in the distributed ledger in each phase of the distribution process.
This facilitates compliance with quality standards and legal regulations established by official bodies; which has accredited certification by worldwide organizations, associations with important companies and has opened important markets.
OriginTrail uses the TRAC token, type ERC-20 to boost the operations executed on its platform. It operates on the Ethereum infrastructure and offers compatibility with popular ERC-20 market wallets.
OriginTrail provides peace of mind to all members involved in the product supply network by guaranteeing the process in all its stages; and contributes to the well-being of the consumers of said products, by ensuring compliance with quality and control standards.
It also promotes the exchange of information between supply chains globally.
Pros
- Promotes the incorporation of blockchain technology in all stages of the product supply process
- It allows to exercise control at each step of the supply chain
- Allows you to extract data from the real world to incorporate it into your blockchain
- Has the approval of organizations of international rank
- Its ERC-20 token is compatible with the main wallets on the market
Cons
- It is a currency with a volatile price
