Business blockchain for supply-chain management and business solutions are currently focused on the very narrow market of large companies. Business blockchain is not a viable option for 90% of businesses today.
Additionally, most public blockchains are not private enough for business commerce. Public blockchains expose the public key of the recipient of every transaction. If a competitor knows the public key of a business, they can view business receipts by scanning the public blockchain. This makes the public blockchain an unacceptable option for most businesses involved in B2B transactions.
Tritanium solves both problems by providing a complete end to end solution for business blockchain, and by using a ring-signature protected public blockchain for the Tritanium coin.
In order for businesses to begin using cryptocurrency for Business to Business (B2B) and Business to Consumer (B2C) applications, they require the tools necessary to build and manage business blockchains.
Although there are several consortium of companies and software vendors rushing to build business blockchain solutions, most of these projects are focused on very large companies that support projects that are very expensive and have a very long development time.
Projects like hyperledger are focused on large companies that can afford to spend millions of dollars on analysts and developers.
Additionally, almost all business blockchains have ignored cryptocurrency as part of the business blockchain solution.
The focus of Tritanium is NOT to create a cryptocurrency for a single product or type of product. The mission of Tritanium is to provide a cryptocurrency that enables businesses to use both business blockchains and cryptocurrency in their business processes. To do this, the project created a full development stack that provides businesses everything they need to start developing and implementing blockchain applications immediately.
We provide two development stacks KITT and CITT along with a full development roadmap businesses can use to get started.
Applications are built by developers. Nobody knows what the next ground breaking blockchain project will be, but everyone knows a developer will build it. Tritanium and the Trichain framework enables to developers to be creative in developing applications instead of focusing on working around the limitations of blockchain.
Enabling developers also enables businesses. When application developers are empowered to focus on the requirements of the application instead of worrying about the internals of business blockchain, businesses have what they need to reach their goals.
In order to focus on our business goal of helping businesses use blockchain, we first had to invent new technologies and find developers that support our vision. Since 2016 we have worked to invent new ways of using business blockchain and created the tools necessary to support our vision. Some of the progress we make to revolutionize business and hybrid blockchain includes:
These are the things we have already done. Our future vision is to attract businesses to use our solutions while we take business blockchain development to the next level. All while maintaining the safety and security of a mined cryptocurrency suitable for business transactions.
Izzy is the blockchain foundation that lets businesses get started with blockchain without a large investment in technology, infrastructure, and consulting services. Izzy is a business blockchain that supports user-defined non-monetary assets stored as unstructured documents.
Izzy is an open source solution for businesses and federations having between 1 and 100 nodes. Izzy is a database hosted cross platform solution that allows developers to create Blockchain applications and businesses to get started building blockchain solutions while supporting their legacy infrastructures.
Kobie provides a Blockchain to Graph application programming interface allowing developers experienced with relational or graph type document-oriented databases (such as Facebook) to develop innovative applications. Kobie allows developers of applications that already use graph databases to easily update their applications to use the Izzy and Diego blockchain solutions. The following code snippet shows how easy it is to store the data from an http POST into a non-monetary asset on the blockchain.
error_reporting(-1); header('Access-Control-Allow-Origin: *'); header('Content-Type: application/json'); require('izy-lib/izzy.blockchain.php'); require('izy-lib/kobie.blockchain.php'); $X=New Blockchain(APPLICATION); $B=New KInterface($X); if (!isset($_POST['izy_action'])) $_POST['izy_action']='insert'; if (!isset($_POST['izy_asset_type'])) $_POST['izy_asset_type']='Personal Profile'; if (!isset($_POST['izy_asset_code'])) $_POST['izy_asset_code']=$_POST['phone_number']; $response= $K->post_transaction($_POST); echo json_encode($response);
The code snippet above uses Kobie in PHP to create a non-monetary asset of type "Personal Profile" using the phone number as its search key.
Cobalt is an open source add-on that allows AngularJS developers to quickly create Web and Mobile business blockchain applications. Cobalt provides a "single-controller" framework that reduces the development and maintenance time of applications. The CITT stack uses Cobalt, Izzy, Trichain, and Tritanium to build powerful hybrid business/cryptocurrency mobile and Web applications.
The Cobalt framework is the first of many frameworks designed to allow developers to build end-to-end applications quickly. The Cobalt framework focuses on enabling developers experienced with AngluarJS, to build blockchain applications in day instead of months.
It is very easy to get started using Cobalt:
We provide documentation and videos to help you get started.
The Tri-chain Hybrid Fabric allow business Blockchains to directly interface the Tritanium public platform main chains. Tri-chain helps provide the security of "proof of work" performed in the public blockchain, with the scalability of business blockchains. Since application and busniess logic is performed and verified on the business blockchain, the public blockchain is able to only perform tasks created to cryptocurrency.
Tri-chain works with the Kobie interface to make payment functions available to the business blockchains that are supported by the Tritanium platform, such as:
The Tritanium coin is the currency of the Tritanium platform. The goal of the projects is to make the Tritanium coin the coin used within hybrid blockchains applications. To do this, it was necessary to provide the highest level of protection for businesses and consumers using Tritanium. For that reason, the Tritanium coin is based on cryptonote technologies to provide a secure and private framework. Within the public blockchain, Tritanium provides untraceable payments, unlinkable transactions, a double-spending proof, and ring signatures to make it the perfect cryptocurrency for business transactions.
The Tritanium Platform is based on cryptnote technologies which are the gold standard for safety and security in public blockchains. Thanks to these technologies, Tritanium provides.
During the Tritanium crowdsale, Tritanium will be offering convertible ERC20-based TTNZ Tokens the Ethereum platform. For the purposes of liquidity, we will be issuing the TTNZ Token that is pegged in a 1-to-1 ratio of the TTNZ Coin on the Tritanium blockchain. By making use of hashed time-locked contracts against a central reserve wallet, we will ensure that the exchange of TTNZ across blockchains is an atomic operation.
Name: Tritanium Token
Total TTNZ Token to be Minted: 250 Million (250,000,000)
The TTNZ Token is fractionally divisible, transferable and fungible. The token balances and transfers will be tracked. In the case of any force majeure, such as a large token theft, contract compromise, or a disrupting change of Ethereum protocol during the crowdsale, we may opt to freeze token transfers and issue a new token contract with balances replacing that of the original token registry by a certain date. In the case of an Ethereum fork, we will properly announce which branch we will support.
80% Token Sales & Distribution (160MM + Up to 40MM Bonus) – The bulk of our entire token supply will be issued to the public during the Token Sale & Distribution periods.
16% Marketing/Promotion (Up to 40MM) – Marketing/Promotion includes the early-stage marketing and promotional activities as well as airdrops, bounties, etc.
3% Team (7.5MM) – To reward current and future team members who are leading the Tritanium project, 3% is allocated to Team. These will be issued in accordance with the milestones set out by the team. The team’s tokens are locked for two years, with four six-month vesting periods.
1% Platform Growth Reserve (2MM) – Reserves will be used to further develop the project, and this could include future developmental costs or be used for our global expansion plans, which are a key component of our project timeline.
The TTNZ ERC-20 Token offering is divided into two segments: Token Sale and Coin Distribution:
One Hundred Sixty (160,000,000) TTNZ Tokens will be offered across these two segments, as detailed below.
Period 1. 160,000,000 TTNZ Tokens (100% of the total amount of TTNZ Tokens offered) will be distributed during the Token Sale segment. The Token Sale segment will have two periods with varied duration, a fixed exchange rate, and a varied bonus to allow early supporters to take part. Period 1 will be 28 days to allocate sufficient time for our supporters.
Period 2. The Coin Distribution segment will start after the Token Sale segment is successfully completed. The tokens sold during the token sale shall be converted to the TTN coin on the Tritanium blockchain.
Start date: July 5, 2018 (Subject to change)
Start date: Start time: 13:00 (UTC + 8) Singapore time
Period: 1 Payment Methods: Payment methods: ETH
Soft Cap: 2,000 ETH
Token exchange rate:1 ETH = 2,000 TTNZ Tokens
Token supply for period: 160,000,000 + up to 40,000,000 bonuses
Minimum purchase: 0.1 ETH
Purpose: Crowd sale to distribute coins and enhance liquidity
First 48 Hours: 25%
Days 3 - 7: 20%
Days 8 - 14: 15%
Days 15 - 28: 10%
The funds raised during the Token Sale will be used to develop the roadmap activities.
30% - Research & Development costs cover all R&D expenses. This includes the opening of an additional R&D center.
10% - Admin & Operations costs include salaries of all employees, excluding the R&D team.
50% - Marketing & Sales budget These marketing costs will include staffing of sales representatives, paid ads, cost of organizing events, as well as PR costs.
5% - Legal costs include all legal expenses associated with the expansion of the Tritanium platform in different countries.
5% - Contingency fund
The tokens are not being offered or distributed to, as well as cannot be resold or otherwise alienated by their holders to citizens of, natural and legal persons, having their habitual residence, location or their seat of incorporation in the country or territory where transactions with digital tokens are prohibited or in any manner restricted by applicable laws or regulations, or will become so prohibited or restricted at any time after this Agreement becomes effective (“Restricted Persons”).
We do not accept participation from the Restricted Persons and reserve the right to refuse or cancel TTNZ Token purchase requests at any time and at our sole discretion when the information provided by the purchasers within the KYC procedure is insufficient, inaccurate or misleading, or if the purchaser is deemed to be a Restricted Person.
The delivery roadmap consists of 5 parts that operate concurrently.
Token development includes activities designed to increase the value of the Tritanium Token / Coin.