Pros

  • Data management and privacy preservation
  • Cross-chain functionality (interoperability)
  • TEEs and Layer-2 solutions
  • TEER - native governance and utility token
  • Built on Polkadot

Cons

  • Steep learning curve
  • Must possess TEER tokens in order to use the platform

What is Integritee?

Before we get too deep into the pros and cons of the platform, we should first establish what Integritee IS, and what it ISN’T.

While multiple user Integritee reviews mention things like exchanges and tokens, the Integritee network isn’t a cryptocurrency exchange, wallet, or any other kind of consumer-directed platform. Instead, the tool in question is aimed at two large groups - third-party developers, and enterprises that deal with user (customer) data.

Developer-wise, Integritee allows devs to create their projects, without needing to worry about execution applications. The platform provides developers with an environment to do so - in other words, to “start building Web 3.0 today”, as the company itself states it.

Developers are able to focus solemnly on the applications that they are developing, and Integritee provides them with hardware enclaves - scalable second-layer solutions.

Integritee review: insight, without access to sensitive data.

As far as enterprises are concerned, everything’s a bit simpler to wrap your head around - Integritee supplies companies with a platform where they can store user data in a safe and secure manner, while also continuously keeping up with the industry norms (scalability), as well as ensuring fast and seamless processes to their users.

While not many user Integritee reviews mention this, the platform itself was founded in 2018. In 2021, it launched the TEER token (the native token of the platform - more on this later), which is currently available to be traded on crypto exchanges such as Gate.io.

Taking a look at the roadmap ahead, Integritee is planning on launching a Kusama-Polkadot bridge (with sidechains and smart contracts), establishing its TEER token, forming relationships with different international institutions and universities, and so on. A pretty packed and serious roadmap!

Integritee Review: PROS

So, with the core idea behind Integritee established, let’s take a look at the details - specifically, let’s start off this Integritee review by discussing the core benefits of the platform in question!

Built on the Polkadot Blockchain

No matter how many Integritee reviews and opinion pieces you might end up reading, one point will remain the same, throughout all of them - the fact that the platform in question is built on the Polkadot blockchain.

Polkadot is, truly, a very interesting blockchain. It's one of the leading projects of its kind, which is great for Integritee, since it adds to the legitimacy of the platform.

However, that’s not where the benefits of Polkadot end.

Building Integritee on the Polkadot blockchain was a conscious decision. Polkadot is often considered to be aLayer-0blockchain. What this means is that it acts as a bridge between two or more other blockchains. In other words, Polkadot positions itself as an interoperability project.

Integritee review: the Polkadot blockchain.

This is, obviously, great for Integritee. With the main services of the platform revolving around data integrity preservation and management, the fact that the Integritee Network is able to function cross-chain opens up a door for multiple companies and crypto projects to use its services.

To top it all off, Integritee also promises to provide developers with a Layer-2 Polkadot sidechain. This sidechain would be used to manage and process all types of sensitive data and information, both on Web 2.0 applications, as well as Web 3.0 ones.

All things considered, the use of Polkadot allows Integritee to really scale its processes, and provide its users (both developers, as well as enterprises) with a variety of data management tools.

Data Management, Without Compromising Data Security

No matter what sort of a company or project you might be a part of, one thing is for certain - if you work with other people (customers, clients, etc.), and manage their information, the topics of data privacy and security are at the very center of attention.

That being the case, chances are that you’ll find yourself collaborating with other platforms or services, as well. The simplest way of how you can think of it is this - if you have a website (say, a blog), and want to integrate eCommerce features into it (sell something), you’ll need a payment gateway, such as PayPal.

That payment gateway will then have access to your user information, as well - emails, addresses, and so on. If you’re running a decentralized service, this becomes a nightmare.

Integritee review: core features behind the platform.

At its core, Integritee aims to allow companies to work together, collaborate, and participate in mutual projects without having to compromise their user data. This is achievable thanks to a variety of different tools at Integritee’s disposal - sharding, Layer-2 solutions, off-chain workers, and so much more.

While the model itself is super-complex, and involves a lot of blockchain developer-specific language, I won’t be going over all of that here, since that is not the goal of this Integritee review. Instead, the goal is to introduce the service offered by the company, and how it ensures data protection and management, for all of its clients.

So, in short, Integritee is one of the more-complex, yet interesting tools when it comes to data management. Now, on that note, one of the most important tools when it comes to working with data (in regards to Integritee, that is) are TEEs.

Multiple Use Cases for TEEs

TEEs are “Trusted Execution Environments”. As the term might imply, they are used to perform certain processes (or store certain data) that require the utmost privacy, and deal with super-sensitive information. In many cases, this information will come from the user side of things.

TEEs are sort of the core “product” offered by the Integritee Network. Multiple user Integritee reviews mention these environments, and how developers are able to use them in their apps. However, TEEs can definitely be used by enterprises and global brands, as well.

What are the actual use cases of TEEs, though? Well, allow me to give you a few examples. Note that while these examples are specific, there are multiple other (additional) use cases for Trusted Execution Environments - the examples are just so that you could get a better idea of what I'm talking about.

Integritee review: Polkadot and the power of TEEs.

First of all, think about hardware cryptocurrency wallets. As you might be aware, these wallets are considered to be the safest way to store your crypto assets, since they do not maintain a constant connection to the web.

On top of that, your private keys belong completely to you - the company behind the wallet doesn’t have access to them. Once again, this results in complete security.

Now, how can Integritee be used when it comes to hardware wallets? Well, multiple different methods, really - many of which are already explored in other, user Integritee reviews. For the sake of keeping things simple, let’s concentrate on customer support.

Imagine that you’ve bought, say, a Ledger wallet. Now, in doing so, you provided the company with your email address, residential address (where to ship the Ledger wallet to), your phone number, legal name and surname, and so on.

Integritee review: TEEs, explained.

That’s a lot of information. In case of a hack on Ledger’s side of things, all of that information could fall into the wrong hands. I probably don’t need to tell you how many different scams could happen, if the hacker has all of that information, and knows that you’re an owner of a Ledger wallet.

In comes Integritee! With the services that the platform provides (namely, TEEs, in this case), it’s able to ensure a secure, scalable, and trustworthy environment where Ledger could store its user information, in a decentralized manner. This would improve the security aspects of Ledger’s sales information storage, as well provide a security-provable environment to store and manage data.

Another example could be that of private messaging. Imagine that you’re a developer of a messaging app. You market your app as “private” - all messages are encrypted, and neither you, nor some sort of a malicious third party could have access to people’s chat logs.

Integritee review: platform features.

User Integritee reviews will tell you that, once again, this is where TEEs come into play. By employing a Trusted Execution Environment, you’ll be able to decentralize the messaging system, and while messages would be stored on the blockchain ecosystem, they would be layered by security- and anonymity-preserving tools.

All in all, the point that I’m trying to make here is rather simple - the services offered by Integritee possess a vast pool of application options. No matter if you’re concerned with a blockchain-powered platform (such as a cryptocurrency wallet), or a project that has nothing to do with crypto, directly (a messaging app), the Integritee network can be utilized, either way.

Top-Tier Scalability

Many individuals wondering “is Integritee legit?” are going to have questions about the scalability side of the platform’s services.

That’s completely fair. Scalability is a major concern for many blockchain-powered platforms - Integritee isn’t an exception here.

However, I am happy to say that, as far as this point is concerned, you needn’t worry - the company has a rather effective sollution to the scalability problem.

Remember when, earlier on in the Integritee review, I covered the fact that the platform is built on the Polkadot blockchain? Well, Integritee provides its customer with what are known as “second-layersolutions. The premise is rather simple.

Each action that you perform on the blockchain is considered to be a transaction. All transactions need to be recorded on said blockchain - that’s just the basics of how the technology works.

Integritee review: examples of where Integritee can be used.

Now, if all transactions are recorded directly on the blockchain, this could pose an issue of network stuffing - imagine if thousands of people are trying to perform some sort of a transaction at once!

With second-layer solutions, these transactions would be processed on another layer of the blockchain, instead of the main one. Then, after a batch is done, they would be inserted into the main network.

This is one of the most efficient methods of processing large numbers of transactions. It’s also a method that Integritee is rather proud of, too.

So, in short, if you’re uncertain about the scalability aspect of the platform, you can rest assured - Integritee has got that part figured out and covered.

The Integritee Token - Utility and Governance

The Integritee Network token appears to be a sort of a mystery for many users who write Integritee reviews. Specifically, people appear to not be completely sure of what are these tokens used for, in the first place.

Truth be told, the truth is rather simple, really - the native token of the Integritee platform - TEER - can be used for utility purposes, as well as governance.

Integritee aims to remain decentralized, in all that it does. Whether it be sharding, worker nodes, or any other complex process that the company utilizes (even its Intel SGX security feature assurance, as well), decentralization remains the core focus, since it’s the main philosophy behind Integritee’s operational model.

Integritee review: the tokenomics of TEER.

Now, with that in mind, it’s evident that, in order to retain decentralization, Integritee requires a blockchain-powered payment method. This is where the Integritee Network tokens come in.

As you use the network, there are going to be various fees that need to be paid - that’s rather self-evident. The TEER tokens can, for a fact, be used to pay these fees.

You may acquire the tokens via trading with other holders of TEER, or purchasing the tokens on platforms that support fiat payments. If you possess stablecoins (such as USDT), you may acquire the Integritee Network token on, say, Gate.io, where it is supported.

SCVs - Tools for Building dApps

Sidechains and Validators (SCVs) are a unique feature of Integritee. It’s a feature built into the platform, and is mostly targeted at the developer who might decide to use the platform.

The main function of SCVs is to ease the burdens of the underlying blockchain. Developers who possess TEEs are able to access SCVs, as long as they have the essential hardware technology to support them.

In that sense, SCVs function like worker nodes. Each individual SCV can be used with the creation of decentralized applications (at a ratio of 1:1), which is a huge benefit to the developer.

Integritee review: Integritee, in a nutshell.

On top of that, some user Integritee reviews mention that the platform even has some pre-made code templates, related to said SCVs. This makes the developer’s job that much simpler, allowing them to focus their attention on other tasks and key dApp points.

The devs that do choose to use Integritee within their application creation processes will find that the tool doesn’t only ease the entire dApp creation process, but also has additional features that can not only come in handy during the development cycle, but also work to guarantee data integrity and interoperability.

Crowdloan - A Way to Earn Passive TEER Tokens!

Once you enter the Integritee official website, at the very top-right side of the page, you will see a button “CROWDLOAN CAMPAIGN”.

This button redirects you to a completely separate part of the website. One that talks about and explains the premise behind the company’s KSM token crowdloans.

To put it short, Integritee allows anyone to lend (contribute) Kusama (KSM) tokens to the platform. These contributions would then be used in parachain bids.

What’s in it for you? Well, in return, backers will receive TEER tokens - the native governance and utility token of the platform.

All bids will be locked up until January of 2023. Furthermore, no more than 20,000 KSM tokens can be contributed, at one time.

Integritee review: the TEER token rewards (supporter).

Integritee crowdloan is a great method of getting some TEER tokens for yourself! As pointed out earlier in the Integritee review, these tokens are going to be mandatory for anyone who wants to pay for the fees of the network - in other words, they are crucial if you want to use any of the features offered to you by the company.

Sure, the tokens can be purchased, and that’s it. However, if you have spare KSM tokens, you could lock them up, and earn TEER, in a passive manner!

There are additional benefits, too. If you’ve managed to back Integritee by January 7th, 2022, you would receive a 20% bonus in your reward. On top of that, anyone who has already backed the company previously will receive a 10% increase in their rewards, during this Integritee crowdloan project.

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Integritee Review: CONS

With the key Integritee Network benefits discussed and considered, let’s take a turn and talk about the shortcomings of the platform.

It’s worth mentioning that, in regards to this Integritee review, the shortcomings are rather trivial, as they are known at the current date. Just as I’ve mentioned at the beginning of the article, Integritee isn’t your traditional “cryptocurrency app” - not an exchange or wallet of any kind.

This means that it’s not targeted at individual users or consumers, but rather, at companies and developers who are looking for data management integrations into their projects.

Steep Learning Curve

Probably the most obvious “con” that can be attributed to Integritee is that it possesses a really steep learning curve. This is actually true both from a developer standpoint, as well as an enterprise one.

dApp developers are often well-versed when it comes to blockchain tech - or, at least, they should be. While these people aren’t probably going to be concerned with questions such as “is Integritee legit?”, the issue that might still arise is that it’s rather difficult to comprehend and use, in the first place.

This is especially true if you’re a starting developer, are creating your first dApp, and would like to emphasize user data management and protection features within it. Yes, Integritee appears to be an amazing tool to do so - however, if you’ve never delved in blockchain Layer-2 solutions, sharding technology, or have no idea what worker nodes are (let alone, don’t even know what TEEs are used for), you’re probably going to have a hard time with the platform.

Integritee review: Integritee's roadmap for 2022.

On top of that, users of Integritee should already be well-versed in how Polkadot works, fundamentally. It’s a very unique blockchain project that focuses on chain interoperability - if none of this is familiar to you, once again, you’ll need to do a lot of research beforehand.

The same is even more so true with enterprises, too. If you’re a company looking to use Integritee as a decentralized data management solution, you better have some blockchain expert on your team - if not, the process of integrating Integritee (no pun intended) could prove to be rather complex.

Evidently, as mentioned earlier in the Integritee review, “cons” like these are rather trivial. However, they should still be kept in mind, nonetheless.

Mandatory TEER Token Possession

As we’ve already established earlier in the Integritee review, anyone who wants to use the services offered by the company is going to need to have TEER tokens. These tokens, among other uses, are going to be needed when paying for the transaction fees on the network.

So… How is this a bad thing?

Well, it’s more of a convenience problem, if anything.

Many (most) decentralized projects have utility tokens associated with them - this is just the nature of how the space works. However, very few of the more-mainstream projects have settings that demand the user to have and use their native tokens, as a mandatory requirement!

Integritee review: community of Web 3.0 enthusiasts.

Evidently, in regards to decentralization and general project maintenance, it does make sense. Integritee’s token model allows for the company to maintain its decentralized nature, while also developing a healthy token ecosystem within.

That being said, once again, it’s all up to the convenience factor of the entire ordeal. TEER tokens aren’t all that simple to get your hands on, especially if you don’t use some of the more well-known exchange platforms, such as Gate.io.

Even then, though, you will need to possess USDT stablecoins in order to acquire yourself some TEER.

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Conclusions

So, then - with all of the core features, benefits, and shortcomings of Integritee being discussed and out of the way, what’s the consensus here. Is Integritee legit, and is it worth using?

Well, I’d say - obviously, the project has a very specific niche that it covers, and does so rather thoroughly. However, you must understand - it’s a rather niche tool!

Integritee provides its users with a variety of awesome tools and features. All of these features lead to one, single objective - to allow companies and developers to keep their client and (or) application user data private, decentralized, and easily manageable.

Does Integritee live up to the hype that it itself creates? Absolutely! The absolute majority of user Integritee reviews found online are very positive towards the platform in question. It has some awesome use cases, and the tools that it brings with itself go above and beyond in order to achieve the set goals.

That being the case, yes - Integritee is a niche product. It’s aimed at developers of dApps, as well as enterprises working on projects and products that put an emphasis on user data protection and privacy.

All of that is to say that, if you’re an average crypto fan, and are looking for the best cryptocurrency exchange or wallet, Integritee won’t really have anything to offer to you. The platform is also rather complex, and figuring out all of its features and inner workings isn’t a simple task, whatsoever.

With all of that being said, thank you for reading my Integritee review! I do hope that you now have a better understanding of what the platform is and how does it function. Best of luck, and see you next time!

The content published on this website is not aimed to give any kind of financial, investment, trading, or any other form of advice. BitDegree.org does not endorse or suggest you to buy, sell or hold any kind of cryptocurrency. Before making financial investment decisions, do consult your financial advisor.

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FAQ

Is Integritee a cryptocurrency exchange?

No. Integritee is a data management and privacy preservation platform. The main goal of the tool is to allow developers and enterprises to manage their user data in a decentralized and completely secure (privacy-preserving) way. Multiple user Integritee reviews will let you know that the tool in question isn't directed at consumers, and instead, is used by dApp developers and blockchain-powered firms.

Where can Integritee be used?

If you possess the Integritee Network token, you may use the various features and tools available with the platform in question. The list of these features is rather vast, however, all of them revolve around data and information management. Developers use Integritee mostly for decentralized application (dApp) development, and data privacy solution implementations. Enterprises, on the other hand, can utilize Integritee's services in order to work with other companies (i.e. payment gateways), without compromising the security and privacy of their own users. This is true both with companies that are blockchain-based, as well as those who want to integrate blockchain functionality into their business model.

How to pick the best crypto exchange for yourself?

Picking out the best crypto exchange for yourself, you should always focus on maintaining a balance between the essential features that all top crypto exchanges should have, and those that are important to you, personally. For example, all of the best exchanges should possess top-tier security features, but if you’re looking to trade only the main cryptocurrencies, you probably don’t really care too much about the variety of coins available on the exchange. It’s all a case-by-case scenario!

Which cryptocurrency exchange is best for beginners?

Reading through various best crypto exchange reviews online, you’re bound to notice that one of the things that most of these exchanges have in common is that they are very simple to use. While some are more straightforward and beginner-friendly than others, you shouldn’t encounter any difficulties with either of the top-rated exchanges. That said, many users believe that Coinbase is one of the simpler exchanges on the current market.

What is the difference between a crypto exchange and a brokerage?

In layman’s terms, a cryptocurrency exchange is a place where you meet and exchange cryptocurrencies with another person. The exchange platform (i.e. Binance) acts as a middleman - it connects you (your offer or request) with that other person (the seller or the buyer). With a brokerage, however, there is no “other person” - you come and exchange your crypto coins or fiat money with the platform in question, without the interference of any third party. When considering cryptocurrency exchange rankings, though, both of these types of businesses (exchanges and brokerages) are usually just thrown under the umbrella term - exchange. This is done for the sake of simplicity.

Are all the top cryptocurrency exchanges based in the United States?

No, definitely not! While some of the top cryptocurrency exchanges are, indeed, based in the United States (i.e. Coinbase or Kraken), there are other very well-known industry leaders that are located all over the world. For example, Binance is based in Tokyo, Japan, while Bittrex is located in Liechtenstein. While there are many reasons for why an exchange would prefer to be based in one location over another, most of them boil down to business intricacies, and usually have no effect on the user of the platform.