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How the TIM Blockchain Is Functioning as an Enterprise Blockchain: What the 2018 Claims Show

TIM Coin's 2018 materials describe an enterprise-oriented blockchain with geonode access controls and a 50,000 TPS claim. Here is what is documented and what is not.
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The TIM blockchain, from the TIM Coin / Internet of Money project, was presented in 2018 as an enterprise-grade ledger built on a modified Go-Ethereum codebase, with geofenced “geonode” access controls and a claimed throughput of 50,000 transactions per second. Those are the project’s own descriptions of what it was building and planned to build. The available sources do not establish that the network, the security framework, or the performance figure was delivered, independently tested, or is operating today.

This article explains what TIM said its blockchain would do for enterprise users, how each claim is documented, and what a reader can and cannot conclude from the evidence. The name “TIM” is also used by unrelated projects and by generic enterprise platforms, so the scope here is limited to the TIM Coin / Internet of Money project.

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The claims at a glance

Every enterprise-relevant statement in the 2018 project materials falls into one of three categories: a technical foundation, a proposed security concept, or a performance claim. The table below shows each one, its date and source, and how far the evidence goes.

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Claim Date and source How TIM framed it What is established today
Codebase starts from Go-Ethereum with selected changes June 13, 2018, TIM Coin Q&A A Go-Ethereum fork at that point; public code release and a reference architecture were future milestones Not independently verified; no current repository or architecture is shown in the sources
Geonodes geofence assets and apply configurable access controls September 2, 2018, TIM Coin post A proposed enterprise-security concept, with an RFP initiated for an enterprise-security framework Delivery, security review, and availability are not established
Public network throughput of 50,000 transactions per second October 25, 2018, TIM Coin announcement A project claim, stated without benchmark method, workload, or test conditions Not independently benchmarked in the cited material; not a verified capacity

Is TIM blockchain an enterprise blockchain?

TIM positioned its blockchain for organizational use, but the evidence supports only the positioning. The sources describe an ambition to protect blockchain assets with location-aware controls and to make the system suitable for businesses. They do not document a production deployment, a named enterprise customer, a measured security outcome, or a service that organizations can buy and run today.

In practical terms, “enterprise blockchain” is a claim about fit, not a label. A ledger becomes enterprise-ready only when an operator can show how it handles the questions below. TIM’s 2018 materials address some of them in outline and leave most unanswered.

How does the TIM blockchain work?

The only technical architecture detail in the available June 2018 Q&A is the starting point. TIM Coin said the project began from the Go-Ethereum codebase and changed selected elements. At that date, public release of the code and a reference architecture were still future milestones. That means the write-up describes a plan for a fork, not a documented system design that readers can inspect.

Because the source is a single project-authored Q&A, the sources do not describe consensus parameters, node roles, the data model, or how the changes from Go-Ethereum were made. Anyone evaluating the design should treat those details as unknown until the project publishes them.

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Geonodes: the proposed enterprise-security concept

TIM’s September 2, 2018 post introduced geonodes as a way to geofence assets inside smart contracts and to apply customizable access controls. The post listed options including two-factor or multifactor authentication, LDAP, and biometrics. It also described placing mining computers in a physically secure location.

What geonodes were described to do

  • Restrict use of assets by geographic location, through geofencing applied in smart contracts.
  • Layer access controls on top of that, with authentication options named in the post.
  • Keep mining hardware in a secure physical site, as the post described it.

What the 2018 post does not establish

  • That geonode equipment or software was built, shipped, or deployed.
  • That the security framework passed any independent review. The post said only that an RFP had been initiated for an enterprise-security framework.
  • That geonodes are sold or supported as a product now.

The 50,000 transactions per second claim

TIM’s October 25, 2018 announcement promoted a throughput of 50,000 transactions per second for its public network, and referred to higher throughput elsewhere in the post. The post gives no benchmark method, no workload description, no hardware or network conditions, and no reproducible test. No independent performance measurement of TIM’s network appears in the available material.

Read this figure as a historical statement of what the project claimed in 2018. It is not a measure of current capacity, and it is not evidence that the network can sustain that rate under enterprise workloads.

What enterprise use would actually require

A shared ledger rarely works alone inside an organization. It must connect to existing systems, and the connection layer carries most of the operational risk. An enterprise evaluating any ledger, TIM included, should be able to answer these questions with documented evidence:

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  • Who operates the nodes, and who can join, read, and write?
  • How are identities and permissions managed, and are they tied to the geofencing or only to general authentication?
  • How does the ledger connect to business systems through APIs or middleware?
  • How are disputes, upgrades, and governance decisions handled?
  • What throughput and recovery times have been measured, under which workloads and conditions?
  • Is there a published threat model, an independent security audit, and a record of how incidents were handled?

An illustrative integration pattern

A TM Forum community architecture discussion from October 2024 describes one way enterprises connect systems to blockchain deployments. An integration broker retrieves business-partner data from a business support system through APIs and writes updates to blockchain deployments across regions and cloud providers. The example shows how such a connection can be structured. It is not a TIM architecture, and it does not report a TIM deployment.

A second TM Forum discussion treats data sharing, integration, and bridging between blockchains as general capabilities of enterprise platforms. That is useful background on what enterprises look for, but it does not show that TIM implemented any of those functions.

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Is the TIM blockchain still active?

The available sources cannot answer this question. Every TIM-authored source is dated 2018, and none shows current network activity, releases, maintenance, or ongoing development. A 2018 announcement does not indicate the project’s status in 2026. Readers who need a current answer should look for a live public network, recent code releases in a public repository, and dated project communications from the last 12 months before relying on any TIM claim.

How to compare TIM with another enterprise ledger

A fair comparison needs evidence on the same axes for each platform. For TIM, the historical material covers only the project claims described above, so the comparison below can list the axes but cannot score them.

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  • Current operating status: whether a public network exists, whether independent activity is observable, and whether releases are being made.
  • Governance and permissions: who validates blocks, who may participate, and how access control and identity are modeled.
  • Security evidence: a published threat model, independent audits, key management practices, and proof that location-based controls are implemented.
  • Interoperability: supported APIs, bridges, data formats, and production references.
  • Measured performance: independent benchmarks that state workload, hardware, network conditions, and method.
  • Enterprise readiness: support commitments, deployment documentation, an upgrade process, and customer references.

On the current evidence, TIM cannot be ranked against another enterprise ledger. Its 2018 materials describe intentions on these axes rather than results.

Sources and dates

This article relies on TIM Coin project materials from June 13, September 2, and October 25, 2018, and on TM Forum community discussions from October 2024. The TIM materials are project-authored and were not independently reviewed. The TM Forum material is general enterprise context and is not about TIM.

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