The HitBTC exchange has recently announced that it will now list the Trace token (TRAC).

TRAC was launched by OriginTrail, a blockchain technology platform which aims to provide companies with a way of sharing data quickly whilst also protecting their business and supply chain costs. Created by Tomaz Levak, OriginTrail was developed to combat the challenges associated with other digital currencies like bitcoin. Such challenges included simple exchanges and data safety.

Levak also confirmed that OriginTrail will aim to offer IT providers the opportunity to create data sharing processes which are supported by Blockchain technology and to move into numerous supply chains, such as consumer goods, automotive and the pharmaceutical industry. Currently, the company is exploring how it can work within the food industry. 

Furthermore, the platform provides efficient and effective data sharing and connections between supply chain businesses and other organisations whilst also ensuring data integrity, transparency and safety. The platform also tackles performance, cost and scalability issues. One of the biggest advantages of the platform is that it is widely accepted as the easiest way to trade digital currencies and it has strong online resources. However, commentators have warned that the high transaction fee is a disadvantage. But with the latest news of Trace Token being listed on the HitBTC exchange, experts have predicted that interest in the crypto may grow.