Tierion is creating a universal platform for data verification. The platform works by creating proof by linking data to a transaction on a blockchain, naming it as “anchoring.” Anyone with such proof can verify the integration and timestamp of data without relying on a trusted authority. According to its website, proof makes it simple for users to have complete confidence in their data with features like independent verification ad ultimate security. The platform aims to replace trust with proof. Tierion’s launch has marked the introduction of the Chainpoint protocol, which is the first standard proof format for anchoring data.
Tierion overcame the obstacles of non-scalability, cost, and inaccuracy which was initially found in early systems. The platform made it easy to link a virtually unlimited amount of data to a single transaction on the blockchain. Some of the use cases of the platform are:
However, Tierion has launched Tierion Network to continue its mission to secure the world. The platform evolves into a distributed network offering services that use the blockchain as a trust anchor. Chainpoint is upgraded to version 3.0 and runs on the Tierion Network. Chainpoint’s distributed architecture provides scalability and accuracy, bringing responsiveness, trust, and cost-effectiveness to the entire ecosystem. Chainpoint service infrastructure includes:
TNT is the Tierion Network token with the following primary functions:
