What is Tierion?
The importance and vicinity of Blockchain are increasing on daily basis. More existing platforms and services are shifting towards the Blockchain technology by perceiving the advancement it makes. Consequently, different tools and associated services are also emerging in the background. Tierion is such an associated platform which can be used to create a verifiable database of any data on Blockchain. Or it is a Proof engine for data verification. Developers use Tierion to check integrity and timestamp of data or file or any process. The platform offers API and Developer tools to anchor data into a distributed ledger.
The capabilities of Tierion can be utilized by financial institutions, Insurance firms, etc. for safeguarding their critical data from unauthorized modifications. With Tierion, they can track each and every modification being made to the property titles, contracts, digital assets etc. Chain point, an open source protocol and distributed service developed to anchor data into the Bitcoin and Ethereum Blockchain, is the backbone of Tierion. The company is presently working with the Blockchain development projects of Philips and Microsoft to expand the application of it to ore areas.
FEATURES OF TIERION:
Following are some of the features of Tierion which makes it an advanced tool for data verification.
- Digital Receipts: The digital receipts issued by Tierion is a timestamp proof of a transaction took place.
- Audit Trail: Tierion generates audit trials for data which are cryptographically verifiable. The trial will track a data from the origin onwards.
- Immutable Records: Properly tracked data guarantees the immutable record keeping.
- Secure Customer Data: They create verifiable customer data and reduce KYC and compliance cost.
- Hash API: With Tierion ‘Hash API’ developers can anchor records with minimum cost.
- Data Collection: Tierion is also used collect data from the web and mobile applications.
- Integrate with other Apps: Zapier helps Tierion to integrate with other apps such as Gmail, Twitter, SalesForce etc.
CHAINPOINT:
It contains all the information needed to verify the data without intermediaries.
Chainpoint is the main component of Tierion which creates the timestamp proof of a Blockchain transaction. The initial version of Cahinpoint was introduced in June 2015, and later versions Chainpoint 2.0 and 3.0 released in August 2016 and August 17 respectively. The ultimate proof from a Chainpoint or a ‘chainproof’ is a trail of operation cryptographically linking your data to one or more Blockchain…Continue reading on What is Tierion?
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