Tierion (TNT) is a universal platform. Tierion is a universal platform built for verification of data. This data verification is done by Tierion at a massive scale. The mode of working with Tierion is that Tierion creates a proof which links the data to a transaction on a blockchain. This particular function of Tierion is known as anchoring. If anyone wishes to verify a transaction, she/he can do so by using this proof to check for herself/himself the reality and integrity of the data and the digital recording of the time of data transaction. No one needs to depend anymore on the verification report of a trusted authority for this purpose.
Tierion was launched in the year 2015. More than thousand companies, including mega companies in IT sector, have used Tierion since its launching. The launch of Tierion was significant as it introduced the chain point protocol. This chain point protocol is the first standard proof format. This format became essential to anchor data to a blockchain.
Critically important digital data needs to be safeguarded. The main industries related to healthcare, financial services or insurance sectors must prove the authenticity of information provided by them. This process was not only hazardous but also expensive. It was also not always possible to prove the genuineness of the information provided by all these industries. Tierion proved to be a major help in this subject.
Tierion provided solution to this problem by providing a “proof engine”. This proof engine is for the internet. Tierion’s technology of Chainpoint not only allows anyone to prove as to when the data was created but also if any modification has been done on the original version of the data. This Chainpoint technology is being used to launch a Tierion network. This Tierion network will be functioning as the universal platform for data verification, operating at a massive scale.
Tierion has become the most popular and widely used platform for anchoring data on to a blockchain. Tierion provided the main innovation of making the anchoring process simple. A virtually unlimited amount of data can be anchored to a single blockchain transaction with Tierion anchoring platform.
The Tierion Network Token, otherwise known as TNT, is designed to provide an economic incentive to the users. Node operators receive TNT for their assistance in improving the reliability and scalability of Tierion network. TNT provides security to the network. TNT also serves as a process to access the resources of Tierion network, such as Chainpoint. TNT will also serve as a fuel for Tierion services in near future.
Important business documents are protected and are able to prove their authenticity in hard copies. But digital documents do not have any such facility. Tierion provided this facility to prove authenticity and the time of generating digital documents and data transaction for everyone through a universal anchoring platform. Thousands of mega industries have already adopted Tierion.
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