Tierion (TNT) is a universal platform that enables large-scale data verification. Tierion turns blockchain into a global platform for verifying any data, file or process. Anyone can use the Tierion API, called Chainpoint, and other tools, such as Zapier, to permanently store their proof, time, and data on the blockchain.
Tierion uses existing Chainpoint technology to create a Google proof engine that the Internet can use for applications large and small.
With this technology, TNT plans to enable the use of blockchain to verify data, from online purchases to medical records. The goal is to reduce complexity and reliability costs.
How does Tierion work?
To work, TNT creates a proof that links data to a transaction on the blockchain through what it calls an anchor. Thanks to this proof, anyone can verify the timestamp and integrity of the data without any other trusted authority, for example a notary. Tierion provides the ability to hook into both the Ethereum and Bitcoin blockchains.
Features of Tierion
Tierion allows for blockchain-validated data generation suitable for many applications. Here are some of the core features of the Chainpoint platform and technology:
Issue digital receipts: Businesses can issue digital receipts to prove any transactions have taken place. This feature can be extended to purchases, stock transactions, insurance claims and anything else.
Audit: Audits are cryptographically verified, tracking the origin of data and processes.
Integrate your software: Integrate your software with existing web, desktop and mobile applications.
Collect IoT data: Save data from various smart devices as part of IoT. Each record has a Chainpoint proof.
Recordkeeping: Financial record-keeping, corporate governance, legal records, inventory management, and other industries can all benefit from keeping records unchanged.
Customer data security: Companies can create customer data verification profiles, reducing KYC and compliance costs.
Hash API: TNT has a platform called Hash API that allows developers to generate 100 records per second for free. It can quickly and easily add blockchain lock time, data security, and code audit trails to your applications.
Collect data: TNT allows you to collect data from web and mobile applications. You just create a datastore, then send the TNT data via RESTAPI or HTML. Tierion will automatically generate a Chainpoint proof for each record. You can use Chainpoint proofs for each record. It is possible to verify at that time and execute a specific transaction.
Integration with 500 apps: TNT integrates with 500 apps and online services through the Zapier platform.
Team development team
Wayne Vaughan – Co-Founder & CEO
Wayne founded a digital agency in the mid-1990s and created one of the first SaaS marketing automation platforms. He brings to Tierion twenty years of software and product design experience. Wayne also serves on Blockchain Capital’s Advisory Board.
Jason Bukowski – Co-Founder, Lead Developer
Jason has over twenty years of experience in developing highly scalable software. He built one of the first real-time web analytics systems and spent a decade developing marketing automation software. Jason is the lead developer of Chainpoint and several popular open source crypto libraries.
In summary, Tierion is an established company with many years of history and many of its technologies have been successful. Through its technologies, TNT enables data to be chained to the blockchain to provide proof and simplify trust. Tierion Network has been working with big names in the industry to improve its technology further, expanding with PoB and Chainpoint for developers.
You can see the price of TNT here.
According to AZCoin News
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