A universal platform for verifiable data
Token symbol
Crowdsale cap
Amount raised
Start Date
Close date
Smart contract blockchain
Team:
Wayne Vaughan - Co-founder and CEO
Expert Review
Tierion provides a universal platform for data verification that can be operated at a great scale. It also introduced the Chainpoint Protocol which is the first standard proof format for anchoring data to a blockchain. Their goal is to create a future where "the blockchain is used to verify everything from medical records to online purchases". It has TNT cryptocurrency for achieving its goals and providing incentives for network participants to operate and secure the network and settlement between parties to access network resources. The team is quite small but consists of well-experienced members so the overall team evaluation is positive. The website is greatly designed and the roadmap is well planned and practiced.
Providing a new standard for verifiable data is what the project aims which is great and it has also partnered with Microsoft and Philips. This makes it more secure to invest in and the team is considerably nice and the web design is up to the mark. Overall a great ICO and I would recommend investing in it.
They want to use blockchain as a great data storage system that it can be and make it possible to transparently and securely create a proof of important documents. As there are a lot of proffessional fields that demand documents to be officialy and legaly verified, they want to cut any unnecessary problems and costs and make it use through their platform and the blockchain technology. As the biggest advantage one can point Tierion's experience in that field. They state that since launching in 2015, over a thousand companies have used their services, including large enterprises like Microsoft, Philips, as well as innovative startups such as Accredible and Tokken. This shows even though their are deploying ICO tokens, they are already big players on the market.
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