OriginTrail To Launch On Acala Network

OriginTrail has announced to integrate its multi-chain Decentralized Knowledge Graph (DKG) on Acala.

The integration will put OriginTrail’s global mesh network of indexable assets (real world and digital) and data into the hands of developers in the Acala ecosystem. OriginTrail comes with years of experience in supply chain and decentralized systems, as well as partnerships with Oracle, the U.S. Department of Homeland Security, British Standards Institution (BSI), and the Scan Association (including The Home Depot and Walmart). OriginTrail has previously deployed its technology on Ethereum, Polygon, and xDAI.

OriginTrail is entering the Polkadot ecosystem in a variety of ways. The core team has been working directly with Parity Technologies on a Substrate “pallet” for the DKG. This will essentially create a DKG “lego” that any Polkadot parachain can integrate by simply upgrading their chain (without the need to fork).

Integrating the OriginTrail Substrate pallet into Acala’s parachain, enabling any DApp developer to leverage information from the DKG, and many more things.

About OriginTrail

OriginTrail is a neutral protocol enabling trusted data sharing between companies, organizations, and blockchains primarily driving supply chain sustainability. End-to-end information is shared and secured in a fully decentralized knowledge graph network, with TRAC token used as both a stake (to keep data holders/creators honest and data immutable) and a payment (to compensate data holders for their time and resources). TRAC is currently utilized by a community of OriginTrail node runners, multinational corporations, international standards bodies, the EU government, and public institutions. The OriginTrail developers have also solved the problem of companies buying and utilizing cryptocurrency via enterprise software and exchange integrations.

About Acala

Acala is an Ethereum-compatible smart contract platform optimized for DeFi and scaling DApps to Polkadot. The blockchain has built-in DeFi protocols for application developers to leverage, including a decentralized stablecoin (Acala Dollar — aUSD), a trustless staking derivatives (liquid DOT — LDOT), and a decentralized exchange.

➡️Source:
https://medium.com/acalanetwork/origintrail-to-launch-on-acala-bringing-its-decentralized-knowledge-graph-to-acalas-developer-d92c4372deb9

Market Stats:
BTC Dominance: 41.66%(-0.01%/24h)
ETH Dominance: 19.56%(-0.10%/24h)
Defi Market Cap: $141.49B(-27.35%/24h)
Total Market Cap: $2493.22B(+0.96%/24h)
Total Trading Volume 24h: $110.7B(-32.50%/24h)
ETH Market Cap: $489.42B
Defi to ETH Ratio: 28.91%
Defi Dominance: 5.38%
Altcoin Market Cap: $1454.47B
Altcoin Volume 24h: $80.29B
Total Cryptocurrencies: 14873
Active Cryptocurrencies: 7745
Active Market Pairs: 49849
Active Exchanges: 436
Total Exchanges: 1545
Share via
Copy link