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Partnership

Trust Exchange & Minima

27 Nov 2024
Written by: Minima

Minima and Trust Exchange Partner to Pioneer Decentralized Real-World Asset (RWA) Verification

Minima, the embedded blockchain, has partnered with Trust Exchange, a leading enterprise data compliance and collaboration platform with over 80,000 active users, to revolutionize real-world asset verification. By integrating Minima’s blockchain technology directly into Trust Exchange’s platform, this partnership delivers a secure, decentralized solution poised to meet the immediate needs of thousands of customers across industries such as finance, automotive supply chain, and real estate, with significant demand expected to grow rapidly.

As part of Minima’s recently launched Grants Program, which supports innovative projects that use blockchain to address real-world challenges, Minima has awarded Trust Exchange a strategic grant. With this support, Trust Exchange is expanding its capabilities in asset data validation and compliance, driving forward a unique solution that empowers organizations to securely access, share, and verify data for high-value assets. This collaboration enhances transparency and accountability across industries where reliable asset information is critical.

A Platform for Real-World Asset Verification

Trust Exchange, with an extensive network of over 80,000 active business users, brings substantial traction to this partnership. Its platform already supports real-time data verification and regulatory compliance, making it a trusted solution across multiple industries. Now, with Minima’s support, Trust Exchange will integrate a blockchain-based system that rewards data creators, asset owners, and validators for contributing to a transparent asset verification network. Every transaction will be immutably recorded on Minima’s blockchain, providing a secure and tamper-proof layer for asset-related data.

To further incentivize data integrity, Minima node runners will have the opportunity to participate as independent data validators within the Trust Exchange network. Node runners can earn TREX tokens, Trust Exchange’s native token, for verifying asset data and contributing to the platform’s decentralized data validation efforts. This initiative opens new opportunities for Minima’s community to actively support asset transparency and integrity across industries.

Quote from Trust Exchange

“We’re excited to partner with Minima to bring secure, decentralized asset verification to the enterprise space. This collaboration allows us to create a transparent and tamper-proof way for businesses to verify and share critical information about high-value assets. By using Minima’s blockchain technology within our platform, we’re setting a new standard for trust and accountability across industries like finance, supply chain, and real estate. This partnership is a leap forward for real-world assets (RWA), blending the best of Web2 usability with the security and transparency of Web3, making decentralized verification accessible and impactful for enterprise users.” Ed Sullivan, Founder & CEO Trust Exchange.

Minima’s Blockchain: Ensuring Data Continuity and Security

With Minima’s embedded blockchain technology, Trust Exchange enables its enterprise customers to connect, create, and manage product profiles supported by secure, blockchain-based data attestation. This unique capability is critical for industries that rely on verified credentials and compliance to function effectively. Now, Trust Exchange customers can validate and share asset data across decentralized networks, ensuring greater accountability and trust without relying solely on traditional, centralized verification providers.

Building Transparency in Real-World Assets

The real-world asset market, valued in the trillions, is often hindered by outdated and fragmented data systems. By decentralizing access to asset data, Minima and Trust Exchange aim to reduce dependency on traditional providers and improve data reliability across sectors. This collaboration represents a significant step forward in decentralized asset verification, fostering broader industry transparency.

About Trust Exchange

Trust Exchange is a decentralized network that enables businesses to connect, collaborate, and validate critical data for asset tracking and compliance. Trusted across finance, supply chain, and real estate sectors, Trust Exchange has grown to serve 80,000 users with a blockchain-agnostic platform that supports custom compliance networks.

About Minima

Minima, the embedded blockchain, is a Layer 1 blockchain designed to run a complete node on any device, making it an ideal solution for decentralized asset verification. Minima’s lightweight architecture and global network of over 50,000 node operators bring security and scalability to projects requiring verified, real-time data on real-world assets.

Learn more at minima.global.

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