Blockchain Startup Triall introduces a tokenized ecosystem to accelerate and improve medical research - press release

Modern clinical studies are becoming increasingly complex, lengthy and resource inefficient. Therefore, it usually takes 10 years of clinical studies for a new medication to come onto the market. The exceptionally fast COVID-19 vaccine studies of the past year have shown that there are clear ways to improve the speed and strictness of the clinical study company if interest groups and efforts are coordinated. Triall uses this opportunity by using blockchain and related technologies to secure and rationalize clinical operation.

In the past 3 years, Triall has developed and commercialized its first product Verial ETMF, which enables researchers to anchor research data in the blockchain in order to ensure integrity of clinical studies. The product is already used and recorded in six clinical studies, including an IBS, Autoimmun and Covid 19 vaccine project. Verial ETMF is the first of many blockchain-capable applications that are integrated into a single digital platform: the trial ecosystem.

Speaking of global ambitions by Trialall: hadil es-sbai , CEO from trial said:

This is the right time for disruptive innovations to demonstrate your added value in clinical operation and find your way to the industry-wide acceptance. Our first product is currently being included in a growing number of clinical studies. will enable faster, more intelligent and more efficient clinical studies. ”

In order to promote the microeconomics of his ecosystem, Trial introduces his most important utility token TRL. This token primarily serves as a means of payment for the software solutions offered in the trial ecosystem, but also enables P2P remuneration, community engagement, governance and loyalty programs (such as membership and staking programs). In the past few months, Triall has worked with several well -known companies in the crypto sector, including LTO Network, Zokyo, Faculty Group, Ferrum Network as well as Trustpad and Prostart Launchpads.

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