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About Tierion

Tierion is creating a universal platform for data verification. The platform works by creating proof by linking data to a transaction on a blockchain, naming it as “anchoring.” Anyone with such proof can verify the integration and timestamp of data without relying on a trusted authority. According to its website, proof makes it simple for users to have complete confidence in their data with features like independent verification ad ultimate security. The platform aims to replace trust with proof. Tierion’s launch has marked the introduction of the Chainpoint protocol, which is the first standard proof format for anchoring data. 

Tierion overcame the obstacles of non-scalability, cost, and inaccuracy which was initially found in early systems. The platform made it easy to link a virtually unlimited amount of data to a single transaction on the blockchain. Some of the use cases of the platform are: 

However, Tierion has launched Tierion Network to continue its mission to secure the world. The platform evolves into a distributed network offering services that use the blockchain as a trust anchor. Chainpoint is upgraded to version 3.0 and runs on the Tierion Network. Chainpoint’s distributed architecture provides scalability and accuracy, bringing responsiveness, trust, and cost-effectiveness to the entire ecosystem. Chainpoint service infrastructure includes: 

TNT is the Tierion Network token with the following primary functions:

Tierion was launched in 2015. Tierion’s whitepaper was released on June 25, 2017 by Wayne Vaughan, Jason Bukowski, and Glenn Rempe.

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Germany News about Tierion

BeInCrypto • May 07, 24

Swiss National Bank Prefers Tokenized Assets Over CBDCs

At a recent event, SNB Chairman Thomas Jordan outlined the exploration of tokenizing financial assets and alternatives to their current wholesale CBDC, showcasing Project Helvetia III's initiatives.The post Swiss National Bank Prefers Tokenized Assets Over CBDCs appeared first on BeInCrypto.

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Bitcoin Magazine • May 07, 24

Investment Firm Discloses Over $1.8 Billion in Bitcoin ETF Holdings in SEC Filing

Susquehanna International Group reports owning over $1 billion in Grayscale's spot Bitcoin ETF alone.

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The Defiant • May 07, 24

Superchain-based Mode Network Kicks Off Airdrop

The Ethereum Layer 2 network debuted at a $73 million market capitalization.

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The Block • May 07, 24

Here’s how debt markets are being overhauled by blockchain

PV01 founder Max Boonen discusses the challenges of accessing debt and the potential of tokenization to overhaul this aspect of capital markets.

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CoinDesk • May 07, 24

Former NFL Star Rob Gronkowski to Pay $1.9M to Settle Crypto Investor Suit

The NBA's Victor Oladipo and racecar driver Landon Cassill also struck deals, and a group of Voyager investors said this was the "first tranche" of settlements with promoters of the former cryptocurrency lender.

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Blockworks • May 07, 24

The most important trend in crypto? It’s always been memecoins

Forget the halving. Don’t mention ETFs. Memecoins are arguably the most important narrative in crypto

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The price of Tierion has increased by 100.00% in the last hour and increased by 100.00% in the past 24 hours. Tierion’s price has also risen by 100.00% in the past week.

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