Imagine a user-to-user economy

Blockchain is about removing middlemen from what should be direct user to user interactions. Bitcoin does this perfectly for users for sending payments without intermediaries. Smart contract platforms like Ethereum allow developers to deploy applications without hosting fees, and allows users to interact with one another without trusting a third party. Yet, these applications can not perform actions on a recurring basis without intermedary smart contracts and intermediary automation bots. Trustless Hub is here to solve that.

Decentralized governance can change how business is done

Decentralized Autonomous Organizations, or DAOs are self-governing teams use a decentralized form of governance. These are a fundamentally different way of how teams are organized. DAOs can hold assets and allow no-one and everyone to be in control at the same time. DAO members govern deployment of assets in the organization directly. All members have a vote. Anything that they want to get done, from finance to appointment of roles can be programmed by incentive-alligned members. Through Trustless Triggers, DAOs can pay your salary directly and on a recurring basis. Not per month, but per day! You compound your interest and your money is right there for you to spend and invest, securely.

Smart Contracts 2.0

With private inputs, safe execution and verifiable outputs, Trustless Smart Contracts enable new applications that can change the way business is done.

Current smart contracts have immutable data and users can trust the data to be valid. Hence, they can remove middle-men in connecting users and provide user-to-user transactions at a basic level. Still, smart contracts are far from perfect as smart contracts can not self-execute automatically. By adding secure execution, and verifiable output-based logic, Trustless Hub enables new automation-first apps like autocompounding, scheduled payments, in-game battles and decentralized marketplaces.

Trustless Triggers

Trustless Triggers allow anyone to easily automate and orchestrate any set of (recurring) blockchain actions, on-chain. Developers can automate their existing protocols in a hands-off approach and end-users can automate your assets across chains directly based on their intent, without intermediate smart contracts. Our Intent-centric automation SDK module is based on the Interchain Accounts standard, as part of the IBC protocol. What this means is that many blockchains work out of the box, including bridge blockchains.
What changes the game is is that user assets can be automated in a trustless way. This is dangerous to do with bots and bot networks but can be done safely now. Trustless Triggers remove the need for Escrow and Vault contracts, saving users gas whilest removing intermediary risks.Trustless Triggers have condition-based logic that creates the backend infrastructure for interconnected Web 3 actions. Essentially creating a 'Smart Automation Hub' .
Trustless Triggers are designed for an interconnected world of blockchains. Blockchains and smart contracts can be light-weight by outsourcing automation to Trustless Hub.

A word from the CEO

Daniel DijkstraFounder Trustless Hub, TRST Labs

When I started building on the Cosmos SDK in 2020, I believed like many others in this space that the time will come p2p communication scale to millions of users, and perhaps billions.
I read on the theory 'Wisdom of the Crowd' and became obsessed with Web3 implications of it and created a working prototype for price generation using crowd wisdom. Independent and more accurate information can exist by adding more data points and finding the median. Making assymetric information more objective and helping people make better decisions.
The tech that I built for that use-case, a community-governed protocol and time-based execution was not available in smart contracts. As I realized that these vital features are needed for users to get to use blockchain, I started putting my energy into enabling that in the best way possible.
Now, with Trustless Hub we are focussing on developer adoption. Getting developers to understand the significant benefits that on-chain automation brings is challenging. We've been listening to developer needs and in 2023 We've built Trustless Triggers as a simple way to automate existing protocols. We're keen on bringing new features to our TriggerPortal dApp based on developer needs to make it a one-stop place for automation.