TRIAS, short for Trustworthy and Reliable Intelligent Autonomous Systems, is a Full-stack decentralized cloud-based ecosystem for scalable enterprise applications. Its decentralized model infuses trust into the system, ensuring that machines will deterministically do what is told to them.
Trias leverages a Heterogenous Consensus Graph - a graph computing algorithm on the lines of a Hashgraph, which can function as an underlying layer to existing Layer-1 blockchain networks such as Ethereum and Hyperledger. This underlying infrastructure offered by Trias aims to improve trust and security concerns - the key challenges holding back enterprise adoption of decentralized technologies and solutions based on the blockchain.
Trias’s smart contract execution platform can work across servers, desktops, mobiles, and IoT networks. The TRIAS project is focused on developing a public chain system that can work across all kinds of platforms and devices, designed with trust at its core.
Trias Token (new) or TRIAS is the native token of the Trias ecosystem. It is used for staking purposes within the Trias infrastructure to participate in the network and share revenue. In addition, Trias also uses a portion of the revenues generated to buy back TRIAS tokens and burn them to increase their value in the market.
The Trias collaborating ecosystem comprises the following three layers:
The execution layer, Leviatom, is a decentralized global Trusted Computing Infrastructure that integrates Trusted Execution Environments (TEEs) with Heterogenous Consensus Graph. The execution layer can function as a “-1 Layer” for public blockchains like Ethereum.
Prometh provides decentralized traceable software development and distribution framework in the legislative layer. This layer combines formal verification and DevSecOps methodologies for traceability and verifiable general-purpose software development.
The judiciary layer, MagCarta, is a consensus-oriented programming paradigm that enables a self-defined consensus strategy for high-level enterprise decentralized applications (dApps). This layer supports smart contracts that manage computing resources and other software components of the Trias ecosystem.
The Trias team of developers has also created TriasForce, a Decentralized SaaS (DSaaS) that ensures trust in the software. The TriasForce suite includes TriasForce Auditing, TriasForce Security, and TriasForce ERP blockchain-based services for enterprise clients across varied industries.
The Trias project was founded in 2016 by Dr. Anbang Ryan, a Ph.D. in Computer Science from the University of Oxford. Other core members of the Trias team are graduates of the London School of Economics, Peking University, and Tsinghua University. They have prior work experience across China Aerospace, Royal Bank of Canada, Intel, Oracle, and Alibaba. The founding team’s experience spans various areas, including Trusted computing, Cloud security, and Cryptography, to name a few.
In 2016, the Trias team proposed the model of separation of three powers and deployed such a system. In 2017, Trias launched private chain products and services in banks and securities sectors.
In Q2 2018, the developers worked on a proposal combining trusted computing, graph algorithm, and blockchain to create a consensus protocol design. The three-layer model consisting of a Heterogenous Consensus Graph was proposed in the third quarter of 2018. Q4 2018 saw the origin of the DevSecOps system based on a private chain enterprise data center.
The testnets of Leviatom 1.0 and Trias 1.0 were launched in Q2 2019, along with the design and demo of Prometh. The developers released the Leviatom technical white paper in Q3 2019. Trias 1.0 mainnet launch occurred in Q4 2019, and the team also published the technical white paper for the Prometh software development framework during this time.
In Q2 2020, the Trias team released the testnets for Prometh 1.0 and Trias 2.0, followed by the Trias 2.0 mainnet launch in Q4 of the year. MagCarta’s technical white paper release also happened in Q4 2020.
In Q2 2021, the team launched the testnet for MagCarta 1.0 and Trias 3.0. The Trias 3.0 mainnet was launched in Q4 2021.
Period | Change | Change (%) |
---|---|---|
Today | $-0.239 | -5.67% |
7 Days | $0.375 | 10.47% |
30 Days | $0.735 | 22.81% |
3 Months | $-0.351 | -8.13% |
Trias is an exciting project to consider investing in, primarily since it focuses on building mainstream and enterprise adoption of blockchain and decentralized technologies. The demand for its technology could pick up in the future as more businesses look for secure and trustworthy ways to deploy dApps in the enterprise. This, in turn, could send the Trias Token (new) price upwards.
The live price of Trias Token could also surge as the team rolls out more upgrades, making the decentralized infrastructure even more convenient to use and deploy. One of the most vital features of the project is how it can function as an underlying layer to improve the trust and security of existing Layer-1 blockchain networks such as Ethereum and Hyperledger - popular platforms for developing enterprise dApps.
The TRIAS token (new) price could also head higher in the future, helped by positive market sentiment. When crypto investors turn bullish, buying activity across the market picks up, boosting the TRIAS price statistics and making it more valuable as an investment.
Although it is impossible to offer an accurate TRIAS price prediction over any period, the value of Trias Token could strengthen, powered by the rising adoption of its ecosystem by developers and businesses. As of August 2022, the price of TRIAS remains well above its all-time high of more than $31.
Analysis of the highest and lowest price of TRIAS indicates that there is considerable scope for growth in the project’s value, which could see the TRIAS price reclaim its highest price and make new record highs. However, a bullish market mood and strong adoption of its infrastructure, coupled with attractive upgrades to build more business, would be needed for the value of Trias Token to improve from current levels.
For any crypto project, key factors that drive its value higher include general bullish market sentiment, supporting fundamentals like news of investment, higher adoption of its technology, and announcement of new partnerships. As a project focused on driving mainstream adoption of blockchain technology and dApps, news about positive developments in this area could also power an uptrend in the Trias Token price and market cap.
Trias Token (TRIAS) is the native cryptocurrency of the Trias ecosystem. The following are some of its use cases:
As the utility token of the Trias network, TRIAS crypto is used to pay transaction fees by users, developers, and dApps. It is also used for executing smart contracts within the Trias ecosystem.
Network participants can stake $TRIAS to contribute to securing the Trias infrastructure. In addition to supporting the overall project, staking is an excellent strategy to help you put your crypto investment to work and earn attractive rewards to grow your portfolio.
The Trias Foundation uses a portion of the revenues earned to buyback Trias Tokens and burns them. This move increases the value of TRIAS via a deflationary mechanism. Higher on-chain activity increases the burn rate and makes the Trias Token more valuable.
TRIAS is an exciting crypto asset to trade and invest in, especially if you wish to diversify your portfolio with tokens with real-world value and commercial applications. You can buy or sell Trias Token against other cryptocurrencies or hold it long-term if you believe in the future potential of the Trias protocol. Review the live price of Trias Token, TRIAS market cap, circulating supply, and 24-hour trading volume, and analyze the TRIAS price chart before you trade Trias Token.
Out of the total supply fixed at 10 million tokens, the circulating supply of Trias Tokens is 1.6 million as of August 2022. The circulating supply of the cryptocurrency changes depending on the level of on-chain activity and staking within the network.
While new TRIAS tokens are generated as staking rewards, the number of tokens in circulation is controlled via token-burning processes that help support the price of TRIAS in the market. As more staking activity occurs in the network, the circulation of TRIAS in the network increases through staking reward payouts.
The Trias protocol launched its official staking program in May 2021. It is a valuable strategy to earn passive income while contributing to securing the network. Here’s how to stake $TRIAS:
1. Head to the Trias Staking page. Connect your wallet to the interface.
2. Ensure you have sufficient funds for staking by buying Trias Tokens on KuCoin or other supported platforms and transferring the tokens into your wallet.
3. Click on Stake and enter the number of $TRIAS tokens you wish to lock up.
4. Confirm the transaction through your wallet and approve it to continue with the staking order.
5. Sit back and earn rewards in $TRIAS to grow your crypto holdings.
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