With a functioning product and a great team, Trias is way ahead of a lot of other crypto projects in the space. Covered: What is Trias? How Does It Work? Product & Project Team & Partner Tokenomics Concerns What Is Trias? TRIAS, Trustworthy, and Reliable Intelligent Autonomous Systems, is a full-stack decentralized cloud computing infrastructure […] The post What Is Trias? appeared first on CryptosRus.

What Is Trias?

With a functioning product and a great team, Trias is way ahead of a lot of other crypto projects in the space.

Covered:

  • What is Trias?
  • How Does It Work?
  • Product & Project
  • Team & Partner
  • Tokenomics
  • Concerns

What Is Trias?

TRIAS, Trustworthy, and Reliable Intelligent Autonomous Systems, is a full-stack decentralized cloud computing infrastructure and ecosystem for all-scale and enterprise-ready applications. It aims to build trust in all machines that produce data, such as self-driving cars, manufacturing machines, Dapps, and more. It does this by providing firm assurance that these machines will always perform the way they are supposed to and process the correct data. 

In addition, its decentralized software service (DSaaS) allows more users access than the current centralized cloud space owned by tech giants such as Amazon Web Services, Microsoft Azure, and Google Cloud.

How Does It Work?

Trias is composed of three layers, Leviatom, Prometh, and MagCarta. These layers have their own token economics that also rewards operators.

  1. Leviatom integrates Trusted Execution Environments (TEEs) and Heterogeneous Consensus Graph, a graph computing algorithm similar to Hasgraph or GAGs. This layer ensures the integrity of the computing nodes that serve as the underlying ‘-1 layer’ for other public chains, including Ethereum and Hyperledger. 
  2. Prometh combines formal verification and DevSecOps methodologies to achieve traceable and verifiable general-purpose software development. This creates secured reusable software components and applications for companies to implement.
  3. MagCarta is a consensus-oriented programming paradigm to achieve self-defined consensus strategy for high-order enterprise DApps. It uses smart contract languages to schedule and coordinate Prometh applications on the Leviatom network.

RECOMMENDED: What Is Flux?

What Is Trias: Product & Project

Besides the aforementioned “three layers’ of Trias, they also have their own product, TriasForce. TriasForce, a software complex developed by the Trias team, is a DSaaS that ensures the trustworthiness of the underlying software. TriasForce provides blockchain-based services to clients over different industries with its three projects, TriasForce Auditing, TriasForce Security, and TraisForce ERP (Enterprise resource planning). Some use cases and clients are listed below:

  • Finance: Soochow Securities – Trias implements blockchain-based DevOps systems, ensuring the stability of its stock trading system and preventing insider threats brought by contractors.
  • Smart City: Chongren County Substation Industry Park – Trias provides blockchain-based trustworthy EPP/MES DSaaS for more than 100 companies in the substation industry with a total product value at $0.3 billion in supply-chain finance.
  • Commodity: China Asean Marine Product Exchange – Trias provides blockchain-based exchange clearance and cross-border settlement systems for Asia’s largest marine product exchange.

Furthermore, Trais is already being used to build a project called Triathon. This project uses gaming to provide project builders and token holders with the ability to drive crypto projects’ testing and auditing process during their full lifecycles. To do this, it incorporates a metaverse platform where users can find bugs and exploits in new blockchain projects for rewards.

Team and Partners

With over 12 years of research experience in Trusted computing, Cloud Security, and Cryptography, Dr. Anbang Ruan, the founder of Trias, leads a strong and talented team of more than 70 members. 

Trias also has many partnerships, including Taizhou Innovation Center of Yangtze Delta Region Institute of Tsinghua University, Shanghai Open-source Information Technology Association, Mitsubishi, and Dego Finance. They are currently working with the Chinese government to implement their technology.

Tokenomics

Users are rewarded with Trias tokens when they participate in different operating roles within the three layers (Leviatom, Prometh, MagCarta). Staking will be available in the future but not at this time.

  • 10,000,000 total supply, with 5,000,000 circulating
  • No Private Sale
  • All seed sale is unlocked
  • Available on ETH and BSC
  • Listed on Kucoin, Uniswap, and Pancakeswap

RECOMMENDED: What is Filecoin?

What Is Trias: Concerns

Trias is a complex project with several different aspects that aim to reshape the entire cloud computing industry. Given the team’s strength, functioning product, and the strong development team behind the Triathon project, the future is looking bright for Trias. With that said, the biggest concern for Trias is future competition and the scaling of the project. 

Currently, only companies in China and Japan are using Trias. Will the team be able to expand the implementation of their product on a global scale, especially if and when the current centralized cloud leaders jump into the blockchain space? That is the question that only time will tell.

The post What Is Trias? appeared first on CryptosRus.