4.2.1 – Purpose, Design & Function

The Company decided to integrate this layer 1 blockchain into the corporate strategy for the TRRUE Ecosystem as the protocol layer of the resulting DLT can be tailored to the use cases of the TRRUE Solutions built on top of it.

TRRUE is developing this proprietary protocol in order to:

	Allow more streamlined compatibility with Trrue SSI and its Hyperledger Aries standard for the cross-network transfer of verified credentials. The standard has been previously favoured by regulators and so this will be a key USP with which to obtain public contracts for the international infrastructure of SSI and ESG reporting systems.
	Allow higher data throughput as the Consortium blockchain network will have a lower number of nodes to validate ledger transactions than the majority of public blockchains. This enhances confirmation time for simple on-chain transactions as well as enabling larger data packets relating to verified credentials and ESG reporting data.
	Enhance token utility for TRRUE Coins as a native token for the TRRUE Chain protocol (i.e., it is used to pay network fees to Validators). This benefits [TRRUE] holders and early supporters as the additional demand over time will support market growth as a larger community of applications and users become active on the TRRUE Network.
	Establish a community with on-chain governance for the TRRUE Ecosystem, rewarding the Network operations of Validators as Members of the Consortium as well as Members of the Ecosystem for their support through continuous feedback loops and contribution to community governance.