Main goal

Main goal of TraXion project is to create a platform specially designed for wallets and conducting personal financial issues. The space is also expected to be used for affecting various payments performed before ICO events.

Technical Solution & Hyperledger Fabric Blockchain

Blockchain can provide data validity among the systems that do not trust each other. Companies are moving to ideas of decentralization, financial inclusion and transparency.

The creators suppose it can be a high-level means for filling rents and gaps between existing difficult for users understanding technologies powered by IBM Blockchain and current financial systems and platforms.

This blockchain is highly appreciated by such heavy market hitters as SAP, Cisco, Oracle and some others. Key feature of it is defining of the asset by digital mean and all the participants are to identify themselves to take part and make transactions in blockchain.

Features

TraXion offers a wide range of future shticks on its platform, for example: a wallet with several cryptocurrencies, also the users will have an access to white-label money transfers portal. Besides, when we talk about fundraising platform smart contracts will be forced into application. What is more, anyone among the users can who may need some credit or just to solve his financial issues can deal with a peer credit platform.

TraXion bill themselves as a huge and multi optional program, where one can do his or her business, create smart contracts and get free access to the data.

To make it simple, all the users’ operations will be held with the help of “know-your-customer” rule and a host. In future, regular payments will be much more cheaper in terms of smart contracts.

Partner agreement with MasterCard

Currently TraXion is on the way to make agreements with MasterCard to turn crypto money into real cash and get it in more than 150 000 cashpoints all over the world. It means that TraXion token owner can fix his wallet to the credit card and receive his profit directly to MasterCard.

Partner agreement with IBM

IBM has gathered a huge amount of knowledge for blockchain solutions. This partnerships helps us to make the project even stronger and more global.

ICO and future plans

Peak of interest to the company and to the issue itself is expected to be 10-15 days before ICO events. However, their marketing strategy was given high marks.

To sum up, the project will be obviously challenging one in crypto society. Key points like having no borders, world implementation and absence of agent staff, are set and waiting to be performed. TraXion also thinks to attract people not involved in bank processes to store their money safely at the system wallets and to get rid of mediators and agents.

Website: https://www.traxion.tech/

Whitepaper: https://traxion.tech/documents/Traxion%20Whitepaper.pdf

Telegram: https://t.me/TraXionICO

Twitter: https://twitter.com/traxiontoken

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

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

ANN: https://bitcointalk.org/index.php?topic=3043553.0

Author: https://bitcointalk.org/index.php?action=profile;u=980049

Disclaimer:

This review by Bonanza Kreep is all opinion and analysis, not investment advice.