Jalan Sukses: TraXion

ABOUT TraXion

TraXion is a project that takes the benefits of new cutting-edge IBM Hyperledger Fabric Technology to provide seamless integration as well as outstanding connectivity among different varieties of networks, businesses and individuals. The company is focusing on introducing a better bank which is powered by advanced blockchain technology.

TraXion focuses on building infrastructure for everyday users. A blockchain- driven environment changes how people do business by enforcing data integrity, accountability, transparency, and trust. Using the latest Hyperledger Fabric technology, we provide seamless integration and connectivity among networks, businesses and people. Our solution is a blockchain platform ready for business which means it's scalable, immutable, permissioned, and has all the necessities to execute smart contracts, business provenance and data visibility.

The company is planning to provide traditional financial product in a blockchain-driven environment to make crypto-economy as a key element for payments, remittance, saving, investments, peer-to-peer lending and philanthropy. They have launched various products and services to encourage the crowd to participate in the accomplishment of their mission. TraXion has developed four of the six elements in the proposed economies of scale that includes Wallet, Payment Platform, Fundraising Platform and Personal Finance Platform.

All these platforms will be soon come on Traxion Chain to helps people in connection with each other and allow effective transact payment with reducing cost of peer-to-peer lending & remittance, activities of a non-profit organization and transparently account for Philanthropic activities of a non-profit organization. Moreover, it also allows insurance and investment processed efficiently by utilizing smart contracts.

TraXion VISIONS

To Ensure Send & Receive Payments Seamlessly
Payment gateway providers are still troubling with the issues of gruesome integration that required complex codes and procedures. By providing TraXion pay, the company wants that small business owner can easily receive payments even if customers don’t have their own bank accounts. They can do mobile payment by using QR codes which will be used to access user’s HyperTraXion wallet and transact in an efficient and quick manner. Most of the time merchants experience fraud and interrupted the flow of capital while accepting online payments. To eliminate this issue TraXion platform offer know-your-customer (KYC) solution that helps business on the system to get protected from fraudulent transactions and customers. In short, TraXion will offer white-label platform linked with various payment options on a blockchain with built-in KYC for onboarding merchant as well as also utilized by any chain of merchants and its subsidiaries.

Stepping Ahead To End Poverty
The introduction of digitization system will raise numbers of networks and provide a series of records in every second of all transactions which are tamper-free. In this way, TraXion will restrict the rate of corruption and also help in resolving the poverty as a field level and people will get equal access to all financial services and benefits. Blockchain is a playing well in shaping the technology and it could help for a social change. But, we can’t say that blockchain will end the poverty. We all know, poverty is a complex problem that requires a holistic solution. In this situation, TraXion solution is capable of influencing the several factors responsible for causing poverty. The platform is at least affordable, quick and provides a transparent mean of transacting which is promising to benefit the poor. TraXion is using smart contracts that make it more comprehensive and versatile to provide financial services and monitoring.

Transparency of Aid
TraXion is aiming to deliver trustfulness, transparency and accountability at that time when any community is troubling with depression. Any assistance from corporations and individuals should not be wasted or worse by any corrupt system of government and non-government organization which are tasked to distribute it. In this situation, cryptocurrencies and blockchain can prove beneficial. The charities can benefits through automated “smart contracts” with their grants receipts which mean they receive funds only when listed grant conditions are met. The blockchain technology proves beneficial for foundations and social impact investors by providing more robust and transparent tracking and measurement systems. Foundation can also issue their own digital currency or operate charity focused cryptocurrency exchanges. The platform is aiming to develop a better world for future generation by utilizing the power of blockchain technology.

HOW TraXion WORKS

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:
TraXionContract will apply smart contracts on workflows for good governance, significantly increasing the integrity of information, improving performance management, and boosting efficiency across the organization.

TraXion ICO DETAIL

Category:	Banking & Payments, Cryptocurrency, Platforms & Ecosystems
Country:	Philippines
ICO date:	2018-04-15 / 2018-06-15
Token Symbol:	TXN
Token Platform:	Ethereum
Soft Cap:
Hard Cap:	100,000,000 USD