

Traxion is a project that aims to create, before ICO event, a platform for payments, wallets, personal financing and fundraising, filling the gap between the 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 is possible 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.

During the future developments, TraXion will add more functionality to its platform, like the use of smart contracts in fundraising platform, multi cryptocurrency wallet, white-label remittance portal and a peer-to-peer lending platform that every user will use for micro-financing solution or for simple lending based on TraXion KYC and CreditScore.



An Initial Coin Offer will finance the platform and will be structured like follows: Total Traxion Token 500,000,000; For Sale 250,000,000; Value of each token 1 TXN = 0.0005 ETH and Hard Cap of 100,000,000 USD. For early buyers, there is a discount of 40%. Whitelist is opened.

TraXion, a platform scalable, immutable and permissioned, on which is going to be possible create a smart contract, mount business and give free view of data. The team wants use last IBM Hyperledger Fabric technology to provide network integration, business and connectivity among people. In poor words, working on TraXion platform, in example, a payment will be secure because integrating KYC of clients and host; furthermore, systematic payment will be cheaper with smart contract. TraXion wants always reach to all unbanked people and let them adopt this technology keeping their money safe on TraXion wallet, so working also like a feeless and trustless bank system and deleting any intermediates.



For its characteristics, TraXion is working to an agreement with MasterCard to develop a peer to peer (P2P) system payment based on more than 150.000 ATM in the world and transforming crypto wallets in inmediate spendable money.



On the other side, being a significant contributor of Hyperledger community, TraXion praises a partnership with IBM.

TraXion is not yet started a deep marketing strategy, but I think the hype will arrive shortly once we will be at 15 days by ICO date. Is important note the two 10 scores given to the product and the team, by Foundico web ICO rating page (rif.: https://foundico.com/ico/traxion.html).

Concluding, TraXion is going to be a revolutionary project in crypto world ans mark important milestones towards large adoption, being borderless, cheaper, faster, agentless, global, scalable, auditable and smarter.

For further information visit:

Website https://traxion.tech/

Official BTT Thread https://bitcointalk.org/index.php?topic=3043553.0

Disclaimer: this is my personal article within my personal opinions so please don’t consider it as a financial advice.

Bitcointalk username “bubblebubble”, profile link https://bitcointalk.org/index.php?action=profile;u=994890