OriginTrail to Launch DKG v.8.0.1

OriginTrail has announced the launch of DKG version 8.0.1 on its mainnet, introducing the activation of Paranets. This update allows users to have greater control over their data and utilize it to support decentralized intelligence.TRAC InfoOriginTrail, a decentralized protocol, facilitates efficient data sharing across various entities within a multi-chain ecosystem.Developed by Trace Labs, the underlying protocol of OriginTrail was introduced in 2018 on Ethereum as the first-ever “Decentralized Knowledge Graph”. This blockchain-based protocol has been pivotal in promoting multi-chain interoperability among participants in the data-sharing ecosystem, allowing users to store and access shared and discoverable data within the network.Currently, OriginTrail is interoperable with Ethereum, Polygon, and Gnosis Chain. OriginTrail’s native token, fundamentally an ERC-20 cryptocurrency, can be traded with other cryptocurrencies on the Ethereum platform.After the Ethereum Merge, transactions involving the token are validated using the Proof-of-Stake (PoS) consensus mechanism, reinforcing the token’s credibility and security within the ecosystem.