TraXion platform on IBM Hyperledger Fabric Blockchain



Traxion is a project that aims to create, before ICO event, a platform for payments, wallets, personal financing and fundraising, filling the gap between the existing financial systems and emerging non-user-friendly technologies and working on IBM Blockchain based on Hyperledger Fabric from the Linux Foundation (ref. https://www.hyperledger.org/). This is possible presenting a secure and simple way to use payments and banking architecture that aims to lower financial inclusion barriers and provide financial services to the banked and unbanked.
During the future developments, TraXion will add more functionality to its platform, like the use of smart contracts in fundraising platform, multi cryptocurrency wallet, white-label remittance portal and a peer-to-peer lending platform that every user will use for micro-financing solution or for simple lending based on TraXion KYC and CreditScore.
An Initial Coin Offer will finance the platform and will be structured like follows: Total Traxion Token 500,000,000; For Sale 250,000,000; Value of each token 1 TXN = 0.0005 ETH and Hard Cap of 100,000,000 USD. For early buyers, there is a discount of 40%. Whitelist is opened.
TraXion, a platform scalable, immutable and permissioned, on which is going to be possible create a smart contract, mount business and give free view of data. The team wants use last IBM Hyperledger Fabric technology to provide network integration, business and connectivity among people. In poor words, working on TraXion platform, in example, a payment will be secure because integrating KYC of clients and host; furthermore, systematic payment will be cheaper with smart contract. TraXion wants always reach to all unbanked people and let them adopt this technology keeping their money safe on TraXion wallet, so working also like a feeless and trustless bank system and deleting any intermediates.
For its characteristics, TraXion is working to an agreement with MasterCard to develop a peer to peer (P2P) system payment based on more than 150.000 ATM in the world and transforming crypto wallets in inmediate spendable money.
On the other side, being a significant contributor of Hyperledger community, TraXion praises a partnership with IBM.
TraXion is not yet started a deep marketing strategy, but I think the hype will arrive shortly once we will be at 15 days by ICO date. Is important note the two 10 scores given to the product and the team, by Foundico web ICO rating page (rif.: https://foundico.com/ico/traxion.html).
Concluding, TraXion is going to be a revolutionary project in crypto world ans mark important milestones towards large adoption, being borderless, cheaper, faster, agentless, global, scalable, auditable and smarter.
Disclaimer: this is my personal article within my personal opinions so please don’t consider it as a financial advice.
Bitcointalk username “bubblebubble”, profile link https://bitcointalk.org/index.php?action=profile;u=994890
For further information visit:
Website https://traxion.tech/
Official BTT Thread https://bitcointalk.org/index.php?topic=3043553.0
My Bitcointalk Profile:  https://bitcointalk.org/index.php?action=profile;u=1422011;sa=summary

Komentar

Posting Komentar

Postingan populer dari blog ini

ZoomEx: A New Cryptocurrency Exchange with Lowest Fee

Gambar
If you are a trader, you know the importance of trading fees of an exchange. Cryptocurrency exchanges make money by charging a fee on every trade that is made on their platform. In most cases, they will also charge for deposits and almost always for withdrawals. Just like banks, cryptocurrency fees can be a big issue. However, cryptocurrency exchange offers way less fees compared to what banks charge. When you transfer money through a bank or transfer service, your money may be routed through intermediary or correspondent banks. And It’s, of course, will be charged a fee. An advantage of cryptocurrency is the near elimination of intermediary fees, at least it may cost a small transaction fee for your crypto transfer to be added to the blockchain. However, this fee is miniscule (cents on the dollar, usually) compared to the $15 to $30 charge you might pay for an intermediary bank fee. With so much competition in the cryptocurrency market, it is expected to have exchanges that off...
Baca selengkapnya

KUVERIT ICO - The P2P Guarantee and Protection Application

Gambar
Hi friends If you are interested in joining the KUVERIT project, you should read reviews that can help you get information that can help you see their vision and mission. Here's the review: You need to know that fraudulent & defective insurance products are a global problem that is now often the case, and the Kuverit application offers a solution to overcome these global issues. Because the Kuverit platform refused to be fenced off by the ring going to the crypto room, while 7 billion people waited. So' With global fraud topping £3 trillion annually, what would a solution be worth? The following are some of the solutions: Global fraud is reaching epidemic levels with an annual economic price tag of more than £3.2 trillion. The UK economy alone loses more £110 billion to fraudsters each year. Fraud professionals are urging organisations to focus more of their resources on fraud prevention, estimating that doing so could add an astounding £44 billion annually to the ...
Baca selengkapnya

GIGTRICKS: a fully integrated system of economics and freedom

Gambar
GIGTRICKS: a fully integrated system of economics and freedom   The report notes that free and on demand economies do not have basic standards to form a trusting relationship between clients and freelancers.  This problem can be solved with the help of GigTricks, as it is aimed at creating an ecosystem based on blockages to increase transparency, trust and trust between its members: the client and freelancers.  All actions, including rating and skill rating, will be checked by the platform participants in the unchanged block chain and thus nothing can be counterfeit in the ecosystem.  The main goal of GigTricks is to create the world's first 3600 (free) 3600 more free system and ecosystem demand, which millions of people trust.   WHAT IS GIGTRICKS?   GigTricks Limited is a private company limited by shares and registered in Gibraltar in accordance with the Companies Act of 2014 and having registration number 117112. Gibraltar was...
Baca selengkapnya