About Traceability Chain
Market Stats
Market Cap
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Additional details
Market details
TAC vs markets
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Tags
Network & Addresses
Network | Address | |
|---|---|---|
Ethereum | 0xca694eb79eF355eA0999485d211E68F39aE98493 |
Price history
Time | Price | Change |
|---|---|---|
Today | $0.00 | NaN% |
1 Day | $0.00 | 0.00% |
1 Week | $0.00 | 0.00% |
1 Month | $0.00 | 0.00% |
1 Year | $0.00 | 0.00% |
Coinbase insights
Recent trends
FAQ
The Traceability chain is a public chain created through blockchain technology. According to the project’s whitepaper, the project builds a traceability cloud platform using the blockchain’s unique non-tampering distributive ledger technology and recording feature. The project includes decentralized applications (Dapps) that claim to help an enterprise solve blockchain puzzles during raw material procurement, production, storage, circulation, and distribution. The blockchain further helps in information traceability and accurate marketing. The traceability chain also provides cloud service for technological developers and solves puzzles for brand enterprises and consumers.
Blockchain projects provide a chance for the traceability business. Traceability refers to the circulating chain used to trace and record intangible or digital goods. The traditional traceability system has a centralized account book mode in which whoever maintains the account book becomes the center. Thus, when the information in the account books is against the party’s interest, they intend to tamper with the account book or tell a lie that the account book got lost due to technological reasons. Therefore, blockchain technology helps store data tamper-free and timestamped.
The traceability chain includes blockchain services, cloud platforms, developers, enterprises, and consumers. The developers on the blockchain provide traceability anti-counterfeit technology solutions for the brand client, and the client pays a corresponding fee. The project enables more technology developers to join the ecosystem and facilitate more brand clients to upload the commodities on the chain so that the project can capture the market faster. The traceability chain and anti-counterfeiting business are widely applied in food safety, medicine, health care products, luxury, cosmetics, art collections, and development plans.
The project issued a traceability coin called a TAC token to meet the need for good ecological and commercial applications on the blockchain. The TAC token is a value carrier circulated between platforms, developers, enterprises, service institutions, and consumers to motivate development. TAC is based on the ERC-20 protocol. The token is further used as a governance token where the holders can vote over the future of the traceability coin. The project works on a delegated proof of stake consensus mechanism.
The traceability chain project was started in July 2017. The project’s whitepaper was released in January 2018. The project was founded by Wang Pengfei. The total supply of TAC tokens is one billion coins.
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Traceability Chain news
Trending articles
Social stats
Popularity in posts
#505
Contributors
10
Posts
29
% About Traceability Chain
0.065%
Hold times
0 days
X (Twitter)
97.15% bullish
Sentiment
4.3 ★
Highlights
10 unique individuals are talking about Traceability Chain and it is ranked #505 in most mentions and activity from collected posts. In the last 24 hours, across all social media platforms, Traceability Chain has an average sentiment score of 86 out of 5. Finally, Traceability Chain is becoming less newsworthy, with 0 news articles published about Traceability Chain.
On Twitter, people are mostly bullish about Traceability Chain. There were 97.15% of tweets with bullish sentiment compared to 0% of tweets with a bearish sentiment about Traceability Chain. 2.85% of tweets were neutral about Traceability Chain. These sentiments are based on 26 tweets.
On Reddit, Traceability Chain was mentioned in 0 Reddit posts and there were 0 comments about Traceability Chain. On average, there were less upvotes compared to downvotes on Reddit posts and more upvotes compared to downvotes on Reddit comments.
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