Trace (TRAC), the utility token used on the OriginTrail Decentralized Network (ODN), is now available on an exchange with its first fiat pairing, enabling access to the decentralized technology to an even wider audience.
The TRAC/HKD fiat pair is available on ETHoutlet, a Hong Kong-based exchange aiming at crypto mass adoption with a fiat-to-crypto gateway.
ETHoutlet’s mission is to bring consumers a seamless trading experience and gateway for entering into the new decentralized application era. ETHoutlet believes technology should not be a barrier to adoption and that micro-transactions from consumer market participation do matter.
ETHoutlet is headquartered in Hong Kong. It provides a crypto-fiat conversion gateway to facilitate micro-transactions, connecting traditional payments to the new blockchain tokenized ecosystem for utility usage.
ETHoutlet supports banking transfers that take 30 minutes in and out within normal business operations.
Making Supply Chains Work. Together.
OriginTrail is an ecosystem dedicated to making global supply chains work together by enabling a universal, collaborative and trusted data exchange. Trace token (TRAC) is a key part of the ecosystem and enables the exchange of services on the ODN mainnet.
TRAC is an ERC-20 utility token and operates on the Ethereum blockchain. Organizations storing data on the ODN need to pay the nodes in TRAC and node runners need to stake TRAC to guarantee their service.
TRAC is also available on Bittrex Global, KuCoin, IDEX, and HitBTC.
The Freedom-Gemini update, the next stage of the ODN, was launched on December 26th. Read more.