The Proof of Trust Protocol assures the validity of smart contract settlements.
While blockchains are effective in securely storing data, there is still a significant issue in authenticating data inputs that may have varying degrees of trustworthiness. An immutable ledger is not trustworthy if the data contributed to it is not reliable. The Proof of Trust protocol solves this problem.
The automation and immutability that makes smart contracts so appealing also has the potential to derail their viability. While Proof of Work and Proof of Stake provide distributed trust for data storage, the introduction of PoT provides distributed trust for data input.
Just as courts and lawyers provide a vital validation and appeals processes for paper contracts, PoT Delegates provide the same process for digital Smart Contracts.
