TRAXION - Data integrity, accountability, transparency, and trust

Hello everyone how are you today.

This time I will review a little about a unique innovative called TRAXION, this is the first thing in the world that is very innovative, here I will review a little and the rest you can visit the link at the end of my article.

ABOUT TRAXION

TraXion focuses on building infrastructure for everyday users. Blockchain-controlled environments change the way people do business by upholding data integrity, accountability, transparency, and trust. Our solution is a business-ready blockchain platform which means it can be upgraded, unchanged, licensed, and has all the needs to implement smart contracts, proven business, and data visibility.

Traxion will offer known financial products and services when using blockchain to do so. Their plans include, but are not limited to, insurance, peer to peer loans, investments, payments, remittances, savings, and more. Traxion has built 4 platform elements from the proposed 6. These elements are wallet, payment platform, fundraising platform, and personal finance platform. They are trying to build a long-lasting platform for cryptocurrency and focus on eliminating mediators, scalability, and decentralized systems. The whole purpose is to bridge the gap from the newly difficult cryptocurrency technology and traditional financial systems.

Traxion hopes to solve some of the problems that regular financial institutions have. One of the problems is that many adults around the world are still leaving without any bank account. Traxion can add greater access to banking. Transaction speed can also be a major problem, often requiring several days to complete the transaction. I experienced this recently while transferring ACH funds. I have to wait about a week to have access to my funds. Blockchain fund transfers can happen almost instantly in many cases. Costs can be another big problem for regular banking with many high costs. Again, cryptocurrency blockchain transfers can cost just pennies, and some are even free. In addition, transaction blockchain is completely transparent.

Traxion has a partnership with MasterCard to allow people who hold tokens to connect their wallets to a prepaid MasterCard. Payments can be made directly to a prepaid card and then used for payment in multiple locations. Only a few of the benefits of Traxion payments are they are cheaper, faster, global, scalable, less agents, unlimited, and smarter. Traxion is on its way to providing a complete new banking solution for everyone. They currently hold token sales. If you have any further interest to learn about Traxion, I've provided the link below for you to see.

TECHNOLOGY

Traxion is a project aimed at creating, prior to the ICO event, a platform for payments, purses, personal financing and fundraising, filling the gap between 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 may present a safe and simple way to use banking payments and architectures that aim to reduce financial inclusion barriers and provide financial services to banks and banks that do not have bank accounts. During future developments, TraXion will add more functionality to its platform, such as the use of smart contracts in fundraising platforms, multi-cryptocurrency wallets, white money transfer portals, and peer-to-peer loan platforms that every user will use for financing solutions micro or for simple loans based on TraXion KYC and CreditScore.

Early Coin Bids will fund the platform and will be structured as follows: Total Traxion Token 500,000,000; Sold 250,000,000; The value of each token 1 TXN = 0.0005 ETH and Hard Cap of 100,000,000 USD. For initial buyers, there is a 40% discount. Whitelist opened.TraXion, a platform that can be scaled, can not be changed and allowed, which will allow to make smart contracts, improve business, and provide free data view. The team wants to use IBM Hyperledger Fabric technology to provide network, business, and connectivity integration among people. In other words, working on the TraXion platform, for example, payment will be secure because it integrates the client and host KYC; Furthermore, systematic payments will be cheaper with smart contracts.

For its characteristics, TraXion is working on an agreement with MasterCard to develop a peer to peer (P2P) payment system based on more than 150,000 ATMs worldwide and turn a crypto wallet into money that can be spent immediately.

On the other hand, being an important contributor of the Hyperledger community, TraXion praised its partnership with IBM. TraXion has not started a deep marketing strategy, but I think the hype will arrive as soon as we will be in 15 days with the ICO date. It is important to note two 10 values given for the product and team, by the ICO web page ranking of Foundico (rif.: Https://foundico.com/ico/traxion.html).

Conclusion, TraXion will be a revolutionary project in the crypto world and marks an important milestone toward massive adoption, being unlimited, cheaper, faster, un-agent, global, scalable, auditable, and smarter.

Information detail:

Website: https://traxion.tech/

Github: https://github.com/traxioncoin

Telegram: https://t.me/TraXionICO

Medium: https://medium.com/traxion-tech

Facebook: https://www.facebook.com/traxion.tech/

Twitter: https://twitter.com/traxiontoken

Author: Choky

My Eth: 0x0DE9e43dC9a22d88457c8629d61DEBaBCA3F1446