Monday, August 6, 2018

What is TraXion Project?

What is Traxion?

TraXion is building a crypto-economy to last, therefore, the focus will be on the scale, elimination of
middlemen, and decentralizing legacy systems. It aims to fill the gap between the existing financial system and emerging non-user-friendly technologies by 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.



How Does TraXion Work?

TraXion is an enterprise blockchain fitted with the following core features:

TraXionWallet:

The TraXionWallet combines existing fintech and insuretech apps into one ecosystem. TraXion will provide white-labeled wallets to organizations that want to move financial assets at zero cost through tokenization of their local currencies. The wallet will also have a management dashboard where users can control a rewards system or view analytics.

TraXionChain:

TraXionChain is TraXion’s blockchain-based solution for supply chain management. TraXionChain will create inter-business blockchain solutions for closed networks, delivering customized business solutions for enterprises that require interoperability, data integrity, and asset tracking within their supply chain.

TraXionContract

Applies Smart Contracts on workflows for good governance. We can significantly increase the integrity of information, improve performance management, and reduce wastage and corruption.

TraXion ICO

  1. Accepting ETH
  2. Distributed in ICO 50%
  3. Hard cap 100,000,000 USD

TraXion Token Details

  • Token Name : TXN
  • Platform : Ethereum
  • Type : ERC20
  • Price in ICO : 1 TXN = 0.0005 ETH
  • Tokens for sale : 250,000,000

TraXion Rating and Review

  • ICOBench : 4.8 of 5
  • FoundICO : 8.7 of 10

Compare TraXion vs BTC vs ETH



Benefits of TraXion

TraXion emphasizes all of the following benefits:

  • Borderless
  • Cheaper
  • Faster
  • Agentless
  • Global
  • Scalable
  • Auditable
  • Smarter

Ultimately, TraXion seeks to build a better global financial system, helping enterprises, organizations, and individuals worldwide enjoy the benefits of frictionless payments.

Who’s Behind TraXion?

TraXion is led by Ann Cuisia (CEO), Tamer Maher (COO), and Anand Vemula (CTO).

Cuisia has 20+ years of IT, banking, and finance industry experience in the Philippines. She currently serves as founder and CEO of Gava technologies Pte Ltd., a Singapore-based company focused on providing blockchain technology to non-profits.

TraXion is a product of Pluma Technologies, an Ireland-based company. Pluma purchased the IP of TraXion. Cuisia, the CEO of TraXion, is also listed as Managing Director of Pluma.

TraXion has partnered with MasterCard to provide payment solutions. TraXion will provide prepaid MasterCards that enable P2P payments, for example. TraXion MasterCard holders can fund their card using USD, CAD, GBP, and EUR.

TraXion has also partnered with IBM and develops on the company’s Hyperledger blockchain.

TraXion Token Conclusion

TraXion aims to create an enterprise-grade
blockchain based on Hyperledger technology. That blockchain provides frictionless transactions, enhanced transparency, and other benefits to the world of global payment transfers. The blockchain can be used by organizations, individuals, NGOs, and other parties.

To learn more about TraXion and its goals for the future, visit online today at TraXion.tech. The company has scheduled a crowdsale from June 16 to August 16, 2018.

Author: Tejo_surty
Eth Address: 0xF9BC056454948A5D645c86708243A9C7d9578334

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