Fun

Blockchain Startup Triall Introduces a Tokenized Ecosystem to Speed Up and Improve Medical Research

News Feed - 2021-09-28 10:09:59

Blockchain Startup Triall Introduces a Tokenized Ecosystem to Speed Up and Improve Medical Research press release


PRESS RELEASE. Triall launches its main utility token TRL on Uniswap following a successful token pre-sale that raised more than 2 million USD.


AMSTERDAM, Sept 28, 2021 –Blockchain startup Trialllaunched its main utility token TRL in an initial DEX offering (IDO) on Uniswap at 13:00 UTC today, after raising more than 2 million USD in its token pre-sale campaign. The company introduces a tokenized ecosystem that helps secure and streamline the development of new vaccines and medicines during clinical trials. As part of its launch, Triall also introduces a staking program powered by DeFi company Ferrum Network, enabling APRs of up to 250% to reward early adopters of TRL.


Modern-day clinical trials are increasingly complex, lengthy, and resource-inefficient. As a result, it typically takes 10 years of clinical trials before a new medicine can enter the market. Last year’s exceptionally fast COVID-19 vaccine trials demonstrated that, when stakeholders and efforts align, there are clear opportunities to improve the speed and rigor of clinical trial operations. Triall is seizing this opportunity by leveraging blockchain and related technologies to secure and streamline clinical operations.


Over the past 3 years, Triall developed and commercialized its first product Verial eTMF, which allows researchers to anchor research data on the blockchain to secure the integrity of clinical trial data. The product is already being used and on-boarded by six clinical trials, including an IBS, autoimmune, and COVID-19 vaccine project. Verial eTMF is the first of many blockchain-enabled applications that will be integrated into a single digital platform: the Triall ecosystem.


Triallis a project with global ambitions. The company builds on a fast network within the clinical trial space, spanning the EU and US regions, and is supported by a global network of partners and advisors, including industry experts and key opinion leaders that support Triall in the further buildout of its ecosystem.


Speaking about Triall’s global ambitions, Hadil Es-Sbai, CEO of Triall said:


“This is the right time for disruptive innovations to demonstrate their added value in clinical operations and make their way to industry-wide adoption. Our first product is currently being onboarded in a growing number of clinical trials. We can’t wait for the day when Triall will be recognized as the go-to ecosystem for a range of essential products that enable faster, smarter, and more-efficient clinical trials.”


To fuel the micro-economy of its ecosystem, Triall is introducing its main utility token TRL. This token primarily serves as a means of payment for the software solutions offered within the Triall ecosystem but also enables P2P compensation, community engagement, governance, and loyalty programs (such as memberships and staking programs). Over the past months Triall has partnered with several prominent companies in the crypto space including, among others, LTO Network, Zokyo, Faculty Group, Ferrum Network as well as the TrustPad and Prostarter launchpads.


 


About Triall


Triallbrings Web 3.0 to medical research by creating a digital ecosystem of blockchain-integrated software solutions that secure and streamline the development of new vaccines and therapeutics during clinical trials. Triall’s solutions make clinical trials tamper-resistant, and enable secure and efficient integrations between the many isolated systems and parties involved in clinical trial processes. Triall’s software is created by clinical trial professionals to ensure optimal user experience, solving actual industry pain points.


For more information on how Triall is using blockchain to revolutionize medical research, visit their websitehere.


Follow Triall on Twitter


Join the Triall community on Telegram


 


Media Contact Details


Contact email: press@triall.io


 


TRIALL is the source of this content. This Press Release is for informational purposes only.The information does not constitute investment advice or an offer to invest.


 


This is a press release. Readers should do their own due diligence before taking any actions related to the promoted company or any of its affiliates or services. Bitcoin.com is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in the press release. Verifone Enables Retailers to Accept Cryptocurrencies, Says Merchants" Appetite for Crypto Payments "Has Exploded" FEATURED | 2 hours ago World-Famous DJs Paul Oakenfold, Carl Cox, Paul Val Dyk Spin and Crossfade Into the NFT Universe BLOCKCHAIN | 4 hours ago Tags in this story Triall


Image Credits: Shutterstock, Pixabay, Wiki Commons

News Feed

How to buy USD Coin (USDC) in the United States
Liza Savenko9 hours agoHow to buy USD Coin (USDC) in the United StatesUnlock the potential of stablecoins and diversify your portfolio with our beginner’s guide to safely buying USD Coin (USDC) in the United States.537
US Manufacturing Crisis: Fastest Economic Deterioration Ever Recorded, Analyst Says
US Manufacturing Crisis: Fastest Economic Deterioration Ever Recorded, Analyst SaysThe US manufacturing activity has plunged to a record low, indicating that the country has entered
Bitcoin․com Exchange Market Insights Report for April 2022
Bitcoin․com Exchange Market Insights Report for April 2022 This is the inaugural monthly market insights report byBitcoin.com Exchange. In this and subsequent reports, expect to
People Are Still ‘Bullish’ About FTT and CEL, 2 Tokens Backed by Bankrupt Crypto Businesses
People Are Still "Bullish" About FTT and CEL, 2 Tokens Backed by Bankrupt Crypto Businesses Despite the recent collapse and the exchange filing for bankruptcy protection, crypto tr
KICK․IO Is Evolving – Taking a Closer Look Into the Roadmap
KICK․IO Is Evolving – Taking a Closer Look Into the Roadmap press release PRESS RELEASE.The crypto world is as innovative and exciting as fickle and dynamic. Understanding the m
The future of Web 3.0 gaming—Blockchain Futurist Conference
Vince Quill2 hours agoThe future of Web 3.0 gaming—Blockchain Futurist ConferenceAccording to a 2024 OnePoll survey of 2,000 adults, 52% of respondents said they were unaware of what blockchain gaming was.776 Total vie
12 Solana presale memecoins abandoned after just a month
Tom Mitchelhill6 hours ago12 Solana presale memecoins abandoned after just a monthThe 12 now-defunct projects raised a total of $26.7 million by way of a controversial fundraising method known as a presale.3822 Total vie
Dogecoin Hits Weekly Support Trendline, Analyst Signals Cycle Bottom Is In
Este artículo también está disponible en español. Recent price decline action has seen Dogecoin rebounding at a recent multi-month low after the entire market started las
Solana Monthly Chart ‘Looks Ready For A Monster Run’ – Details
Este artículo también está disponible en español. Solana (SOL) has been holding steady above a crucial demand level near $210, a key area that could ignite a massive bull
A Conversation with One of Bitcoin Cash’s Most Prolific Developers
A Conversation with One of Bitcoin Cash’s Most Prolific Developers Calin Culianu is the #1 contributor to the Electron Cash project. Also, he contributes to BC
Gareth Jenkinson13 hours agoEurope drives institutional crypto adoption: Blockchain Expo AmsterdamConversations with key speakers at the Blockchain Expo Europe in Amsterdam suggest that cryptocurrency exchanges and compa
XRP Price Ready For A 14% Upswing? Here’s Its Potential Path
Este artículo también está disponible en español. A popular analyst has painted a fresh bullish outlook for the XRP price, putting forward a short-term target around the