Tierion Stocks, USD price, market cap
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Tierion is a blockchain-based platform that uses the Ethereum blockchain to create a distributed ledger for secure data storage. The platform is powered by the native token, TNT, which is used to pay for services on the platform. Tierion's mission is to make it easier for businesses to store, share, and verify data.
Tierion was founded in 2015 by Wayne Vaughan, a serial entrepreneur and software engineer. He previously founded a company called Chain.com, which was acquired by Microsoft in 2016. Tierion is currently headquartered in San Francisco, California.
The platform works by creating a digital fingerprint of any data that is stored on the blockchain. This fingerprint is called a hash, and it is used to verify the data’s integrity. The data is then stored on the blockchain in an encrypted format, making it secure and tamper-proof.
The TNT token is used to pay for services on the platform, such as data storage and verification. It is also used as an incentive for users to share data on the platform. The token is traded on several cryptocurrency exchanges, including Binance and Huobi.
The platform has a number of applications, including healthcare, finance, and government. Tierion is working with a number of organizations to develop blockchain-based solutions for data management. For example, the company is working with the U.S. Department of Health and Human Services to develop a blockchain-based system for healthcare data management.
In addition to its data management solutions, Tierion is also working on a number of other projects. These include a blockchain-based identity management system, a blockchain-based payment system, and a blockchain-based IoT platform.
Tierion is a promising project that has the potential to revolutionize the way data is managed. The platform is secure, reliable, and easy to use, making it an attractive option for businesses looking for a secure and reliable data storage solution. The TNT token is also a great way for users to earn rewards for sharing data on the platform.