Market Rank | #3164 |
---|---|
Market Cap | $ 2.3M |
Volume 24h | $ 1.8 |
Circ. Supply | 428.5M |
Total Supply | 1000.0M |
Max Supply | ? |
Genesis Date | 25/8/2017 |
The current price of Tierion is $ 0.00544941, with a 24-hour trading volume of 1.8. Over the last 24 hours, Tierion has increased by +20.67%.
Tierion is a cryptocurrency token that supports a universal platform for data verification, operating at a massive scale. The main idea behind Tierion revolves around notarizing digital data similarly to physical documents like property titles and contracts in order to verify their veracity. With Tierion, businesses from diverse industries such as healthcare, insurance, and financial services can prove the authenticity of their data, which previously has been expensive, cumbersome, and sometimes impossible.
While the individual or group who specifically created Tierion is not specified, the project is run by a dedicated team as stated on their official website.
Tierion operates by providing immutable proofs for digital data. When data is submitted on the Tierion network, a proof is generated and written to blockchain. This proof serves as a verification point for the authenticity and existence at a certain point in time of the data. Tierion effectively forms a bridge between the virtual and physical worlds by transforming the latter’s customary notarizing process into a digital one, and integrates it with the immutability of blockchain technology.
Tierion's unique value proposition lies in its novel approach to data verification. Unlike most traditional methods, which are often time-consuming and complicated, Tierion enables it to be simple and efficient. The ultimate goal is to make the process of proving the authenticity and integrity of data – whether it's healthcare records, insurance claims or financial transactions – as transparent and verifiable as possible, both now and in the future.
The circulating supply of Tierion is 428.5M, with a total supply of 1000.0M.
The Tierion network leverages the principles of blockchain to secure its network. By writing proofs of data to a blockchain, it ensures that the information is immutable and cannot be tampered with.
You may buy Tierion (TNT) on the following exchanges: YoBit. It's important to bear in mind that cryptocurrency trading involves risk, and you should only buy cryptocurrencies with money you can afford to lose. Future investments should be carefully considered and researched thoroughly before committing.
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