Founded in 2015 and headquartered in Silicon Valley, Tierion leverages blockchain to anchor data, proving the integrity of any data, file, or process. Tierion introduced the Chainpoint protocol, the first standard validation format to anchor data to the blockchain. Chainpoint runs as a service on the Tierion network. Together, they provide a universal platform for data validation that is designed to scale. Future applications focus on audit trails, big data collection, data security, clinical trials, and other areas, applying blockchain technology to anchor and prove any data. The Tierion token (TNT) is used to incentivize network participants to operate and secure the network platform.
I. Project Technology
Tierion solves the problem of data certification through an Internet “proof engine.” We have created the Chainpoint technology, which can precisely prove the time of data storage and modification information. This technology has extended to the Tierion network, forming our large-scale data verification platform. The Tierion network token TNT is designed as an incentive to protect network security and is also a tool to obtain network resources.
Anyone can join the Tierion network by running a node, thereby developing their own Tierion technology instances:
(1) Node runners earn TNT for helping to improve network scalability and reliability.
(2) Node runners use TNT to obtain network services, such as the Chainpoint service.
(3) Tierion will launch many services that can be obtained with TNT in the future.
TNT incentivizes network participants to operate and protect the network infrastructure. Chainpoint is the first service on the Tierion network.
II. Project Applications
1. Audit trails for business processes, ensuring that the historical records of business processes remain unchanged.
2. Internet of Things (IoT) data integrity and provenance, ensuring the integrity and timestamp of data collected from IoT devices.
3. File timestamping, adding blockchain timestamp proof to digital documents and data.
4. Data integrity for accounting records, proving the existence and accuracy of accounting records.
5. Blockchain verifiable credentials, issuing verifiable blockchain credentials-from educational credits to rewards.
6. Compliance, demonstrating to regulators that your data and documents have not been altered.
Related Links:
https://tierion.com/