Introduction Technology is advancing every single day and businesses are trying to adapt to this technological era. Doing business online can help businesses reach more people because almost all people nowadays do transactions online. But how safe can it be? Without proper security, nothing is safe on the internet. There are always people who take advantage of unsecured transactions that will be harmful to both the merchants and the clients. That is why an online financial system is needed so that people can carry out financial transactions without fear of hacking or information breach.. What is Traxion? Traxion is another blockchain based financial system that allows you to send, receive, lend or borrow money. It is a financial infrastructure that aims to help the everyday users who do transactions online. Basically, Traxion works like an online bank where you can do things like sending and receiving payments anywhere in the world, peer to peer lending. You can also use it for transactions such as purchasing goods and services, paying your bills, make savings, and giving donations.. Traxion is also aiming to create an ecosystem for traditional businesses and non-profit organizations into one single crypto economic space. Traxion’s main objective is to provide financial services for both banked and unbanked people in the world while maintaining maximum security, transparent, low cost and fast transactions.. As we all know, the idea of the Traxion ICO is not new to us because there are many ICOs for financial services already. However, most of those ICOs are using the standard Ethereum smart contracts which are only suitable for direct, peer to peer transactions. Traxion, on the other hand, is the first ICO that offers financial services based on the latest Hyperledger fabric hosted by the Linux Foundation.. Unlike the typical Ethereum smart contact, Hyperledger Fabric is better in terms of security, confidentiality, and scalability, therefore, making it more suitable for connecting businesses that value more on security and confidentiality.

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