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T.R.I.N.C.I. 2 Blockchain è Open Source! Download the LightPaper

Giovanni CapacciolibyGiovanni Capaccioli
September 30, 2021
in Educationals, Events, Press & Partnerships - Eng
Reading Time: 2 mins read
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“Trinci 2 was born and evolves in the enterprise world. It is designed to facilitate the exchange of value between individuals, businesses, robots, IoT, AI, financial and banking systems, in a secure, distributed, and decentralized way.”

Vision

The technical and applicative philosophy behind blockchain technology has demonstrated its resilience in the most hostile contexts of computing. However, it doesn’t seem to be suitable for the enterprise world, as it poorly adapts to the real economy and, above all, to the regulatory contexts in which businesses are subject.

Therefore, a new technology must be created that, while preserving the technological resilience of blockchain, favors the interactions, certifications, and exchanges of private and legal subjects, admitting the transit of data that represents values in real life, such as fiat currencies, property rights, and all the assets that make up a digital ecosystem, including the rules by which these values are managed and exchanged.

TRINCI aims to be the basic technology capable of evolving, like a primordial soup, a more effective and secure way to exchange values through transactions that can be digitally signed by individual actors (humans, IoT devices, robots, AI networks, etc.) or voted on, as in the case of multiple actors (members of groups that internally decide according to well-defined rules, but externally express themselves as a single and compact subject).

The technology is based on four main pillars:

  1. A decentralized, distributed blockchain technology with different consensus algorithms depending on the needs of the business and network.
  2. A sovereign digital identity system that identifies each user and complies with regulatory standards and can be dynamically enriched with authoritatively recognized certificates.
  3. A block anchoring system (not data) on a public notarization network that guarantees the immutability of data without entering into its substance.
  4. An exchange natively integrated with the technology that acts as a bridge between the blockchain world and the real economy and allows deterministic exchanges in line with the legal and regulatory aspects that regulate the exchange of tokens and fiat currencies.

Click here to download the official pdf of the Trinci 2.0 technology LightPaper!

Tags: BlockchainPoSTransactionTrinci
Giovanni Capaccioli

Giovanni Capaccioli

R&D, Business Intelligence Manager & Blog Director presso Affidaty S.p.A.

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