TRAXION "The Token that makes Finance Fair and Accessible for All"

The ability of blockchain technology to get the attention of many people in the technology community around the world. so blockchain innovation develops. the purpose of emerging Cryptocurrency and blockchain is to facilitate financial transactions in the form of digital transactions

Bitcoin is the beginning of everything - starting the concept of decentralized exchange of values - cryptocurrency and startup that will make it easier for us to make transactions, transparency and accessibility in the real world of finance.

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What that Traxion?

TraXion is building a crypto-economy to last, therefore, the focus will be on the scale, elimination of middlemen, and decentralizing legacy systems. To achieve these goals, TraXion will offer white-label platforms across the globe and connect them in a distributed, permissioned and secured blockchain. It will be used by banks, operators and agencies in key jurisdictions to process in different fiat currencies and facilitate cross-border transactions without the need for counterparties while also enabling all players donate to causes this blockchain trusts.

Traxion 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.

Traxion Using the latest Hyperledger Fabric technology, Traxion provide seamless integration and connectivity among networks, businesses and people.

What that Hyperledger Fabric Blockchain?

Hyperledger Fabric, an open-source blockchain is endorsed by a consortium of large tech enterprises such as IBM, Cisco, SAP, Intel and Oracle. Hyperledger Fabric project is delivering a blockchain platform designed to allow the exchange of an asset or the state of an asset to be consented upon, maintained, and viewed by all parties in a permissioned group. A key characteristic of Hyperledger Fabric is that the asset is defined digitally, with all participants simply agreeing on its representation/characterization.

Hyperledger Fabric Blockchain is powerful! This provides for great flexibility and potent capabilities, along with the interoperability of multiple blockchain ledgers within one consortium. This is the first of its kind and allows organizations to curate Hyperledger Fabric to support the myriad use cases for different businesses and industries. Hyperledger Fabric has already been successfully implemented in the banking, finance, and retail industries. (https://traxion.tech/)

Traxion Other Patnership technology
1. Securing a Partnership with MasterCard

An initiative and a part of the roadmap of the TraXion team is to secure affiliation with banks who can link partnership with MasterCard for its solutions to TraXion token holders for payout solutions linking their Bitcoin, Ethereum, Monero, Zcash, Coin wallets to their own prepaid MasterCard which will enable P2P payments as well as access to over 130,000 ATMs in 196 countries around the world.

2. Securing a Partnership with IBM

IBM has the deep knowledge, experience and scale to help get our blockchain solution up and running. Our partnership with IBM, being the leading technology provider to the banks, will greatly increase scalability of Traxion services.

3. Partnership with SEACOOP

TraXion will onboard up to a million seafarer members on the TraXionWallet which will ease the cooperative and its members’ mode of membership payments, investments, life and non-life insurances, and remittances.

4. Partnership with UnionBank - GlobalLinker

TraXion will enable a seamless payments system for GlobalLinker-supported micro, small, and medium enterprises (MSMEs) in an Unionbank marketplace hosted platform.

5. Platform Features

TraXion payments system is intended to simplify the way funds are exchanged around the world, and to reduce settlement time from days to seconds. Each payment is immutable once recorded, and settlement instructions are provided via smart contracts on Hyperledger Fabric.

The elimination of intermediaries and counterparties will naturally make any financial transaction gets through the network faster and cheaper.

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

Unique selling Proposition

We are empowering the non-profit sector through a distributed ledger that develops trust, smart contracts to ensure that all conditions are mutually met, and a digital currency to enable the transactions within the network.

1.Impact Investment on Crypto Exchange

TraXion’s impact investment happens on its crypto-trading facility. A fraction of the fees imposed on the platform will help bridge the gap between finance and development and TraXion will mobilize capital through the ICO for the various social impact projects. 1% of the total tokens. TraXion will provide access to NGO to its escrow fund where all grants will be channeled in.

2. Frictionless for Banks

TraXion is not here to replace the bank immediately but to serve as a transitionary platform to a bankless society.

3. KYC and AML – Intelligent ID Verification

We have partnered with Blockscore.com for the KYC and AML for our wallet and tokens. The partnership allows us to have real time identity verification and business verification and the platform screens the investors for anti-fraud and regulatory compliance.

4. Automated business verification

Verify business information quickly via API or our free dashboard. From account openings to ongoing due diligence, we have you covered.

5. Intelligent ID verification

ID verification API makes it easy to verify the name, date of birth, address and identification numbers of your customers for KYC compliance and anti-fraud. Our platform provides the individual detailed check based on AML and KYC regulations

Initial Coin Offering (ICO)

During the initial coin offering (ICO), the company will issue virtual currency tokens called TraXion Tokens (TXN) on the blockchain operated by a smart contract. The tokens for sale are on Ethereum network using ERC20 protocol. this will encourage them to promote TraXion products through affiliates and commissions. tokens also provide liquidity because they can be traded on various exchanges after the ICO.