Tratin

Tratin TRAT

$0.0002
Market Cap $ 23.376 MM (#195)
24h Volume $ 0.000
Chg. 24h: 2.02%
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Tratin project purpose and description

Tratin clarity of purpose

Tratin purpose and aspects

Tratin (TRAT) protocol is operating on Ethereum ERC20 platform focusing on an open source peer-to-peer and business-to-customer cryptocurrency that offers secure, instant, decentralized and private transactions with unit value fungibility and Escrow function

Tratin categories

NetworkingPlatformPrivacy

Short description

Tratin (TRAT) protocol is operating on Ethereum ERC20 platform focusing on an open source peer-to-peer and business-to-customer cryptocurrency that offers secure, instant, decentralized and private transactions with unit value fungibility and Escrow function. With Tratin, users are able to do business where it is prohibitive before, such as high crime rates and frauds. The main objective is for daily usage with low fees and hassle free secured transaction. The whole idea of Tratin is to allow users to transfer payment to various sort of receivers, near instantaneously thus avoiding the normal “gate keeper” institutions that restrict access with fees, charges for currency exchanges and processing delays.

Abstract

Tratin (TRAT) is a digital currency. It uses peer-to-peer technology to operate with no central authority or banks; managing transactions are carried out collectively by the network. There is no central control over the token. Tratin is open source, community driven, decentralized. Developers are all volunteers. Tratin is working towards mass-adoption of the use of the currency in real-life applications. From encouraging local busineses to accept Tratin as a method of payment, we are also looking to impliment our currency into many already heavily used ecommerce scripts. And on the user level being able to share money, wire money, or just send a gift to a friend, TRAT will make this possible! The original Tratin is now thought of as the gold standard for digital currencies. Tratin is a solution now for smaller faster transactions, with lower fees. It is intended for real-life solutions and transactions. Tratin unit is a digital form of currency based on Ethereum ERC20 and has a limited number of units that however, cannot be mined. Both forms of currency can be transferred from account to account (peer-to-peer, or P2P) without the need for any intervening third party and both provide digital security to guard against the possibility of counterfeit coins. In addition to giving Tratin more ways to connect with those using other forms of currency, Tratin strives for expedited transactions and increased stability. As a distributed network via Tatin token, it does not depend on a single company to manage and secure the transaction database. Consequently, there is no waiting on block confirmations, and transaction confirmations can go through the network quickly. Another advantage of using peer-to-peer is the absence of a central target or point of failure in the system.

Link to Roadmap: http://tratin.io/#roadmap
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