What is Trac Ordinals (TRAC)? Solutions for Supply Chain Management

Bittime - Trac Ordinal Cryptocurrency (TRAC) has attracted attention in the supply chain management industry with its innovative approach. In this article, we will discuss what TRAC is, its main products and features, TRAC token and its functions, TRAC token tokenomics, TRAC fundamental analysis, comparison with competitors, founder and TRAC blockchain team, as well as experts' opinions about the project.

What Is Trac Ordinal (TRAC)?

Trac Ordinal (TRAC) is a cryptocurrency that leverages blockchain technology to improve transparency and efficiency in supply chain management. By enabling real-time and immutable recording of transactions, TRAC aims to increase the reliability of information and speed up processes in the supply chain.

TRAC Key Products and Features

1. Traceability

TRAC provides tools to trace the origins and journey of products from production to end consumers, ensuring compliance with quality and safety standards.

2. Data Immutability

Information recorded in the TRAC blockchain cannot be manipulated or changed, providing a guarantee of data reliability and integrity.

3. Smart Contracts

The smart contracts feature enables process automation and transaction settlement in the supply chain, increasing operational efficiency.

Also Read: What is Digital Identity Management, and What are the Benefits?

What is TRAC Token?

The TRAC token is the native token used in the Trac Ordinal (TRAC) ecosystem. Its functions are very diverse and cover various important aspects of supply chain management. Following are some of the functions of the TRAC token.

1. Payment Tools

One of the main functions of the TRAC token is as a means of payment within the TRAC ecosystem. Users use these tokens to pay transaction fees when performing activities such as processing data, transferring digital assets, or using other platform features.

2. Incentives for Node Operators

Node operators or parties who participate in validating and maintaining the security of the TRAC network receive rewards in the form of TRAC tokens as incentives. This encourages active participation in maintaining network stability and security.

3. Access to Services and Features

TRAC tokens are also used as entry tickets or access keys to various services and features on the TRAC platform. Users who own these tokens can access premium features, participate in rewards programs, or take advantage of special services offered by the platform.

4. Governance

As token holders, users also have the right to participate in decision making regarding developments and changes in the TRAC ecosystem. They can vote in votes on protocol changes, new product developments, or other platform policies.

5. Investment 

Apart from practical functions in the TRAC ecosystem, TRAC tokens can also be used as an investment tool. Token holders can profit from rising token prices if their value rises with the growth and adoption of the platform.

Also Read; What is Chain Reorganization?

Tokenomics of Token TRAC

• Maximum supply: 21 million
• Circulating supply: 21 million
• Distribution: Initial token sale , allocation for project development, as well as incentives for contributors and node operators.

Analisis Fundamental TRAC

Trac Ordinal (TRAC) fundamental analysis covers several key aspects that influence the value and growth potential of the project. Here are four aspects of fundamental analysis that are usually considered.

1. Technology: TRAC uses reliable and secure blockchain technology to ensure the security and integrity of data in the supply chain.
2. Team: The TRAC development team is comprised of individuals experienced in the technology industry and supply chain management, bringing diverse expertise to move this project forward.
3. Community: The TRAC community is active and dedicated, consisting of users, developers, investors and industry experts who contribute to the development and adoption of the platform.
4. Adoption: TRAC has attracted interest from various companies and organizations interested in its innovative solutions in supply chain management.

Comparison of TRAC and Competitors

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Conclusion

TRAC is a promising blockchain project with a focus on supply chain management. With its innovative products and features, multi-functional TRAC token, talented development team, and support from the community and experts, TRAC is poised to be a leader in advancing the supply chain management industry to the next level.

How to Buy Crypto with Bittime

You can buy and sell QNT tokens in an easy and safe way via Bittime. Bittime is one of the best crypto applications in Indonesia which is officially registered with Bappebti. QNT is available on Bittime with pairing to IDR

To be able to buy tokens on Bittime, make sure you have registered and completed identity verification. Apart from that, also make sure that you have sufficient balance by depositing some funds into your wallet. For your information, the minimum purchase of Bittime assets is IDR 10,000. After that, you can make QNT purchases in the application. More Complete Guide How to Buy Crypto on Bittime .

Monitor price chart movements of Bitcoin (BTC), Ethereum (ETH), Solana (SOL), and other cryptos to find out today's crypto market trends in real-time on Bittime. 

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DISCLAIMER: This article is informational in nature and is not an offer or invitation to sell or buy any crypto assets. Trading crypto assets is a high-risk activity. Crypto asset prices are volatile, where prices can change significantly from time to time and Bittime is not responsible for changes in fluctuations in crypto asset exchange rates.