Traxia - A Decentralized Global Trade Finance Ecosystem Platform

When going to start a business in general the businessmen will seek capital from Trade Finance.

Trade Finance is a facility provided to finance the debtor trading activities related to foreign trade transactions (export-import) or domestic (buying and selling).

Trade Finance Benefits

Improving the efficiency of working capital management of the debtor through the provision of financing facilities for trade accounts receivable, finished goods / raw materials and/or postponement facility of payment of obligations in the framework of trade.
Controlling the risks associated with debtor trading transactions.
Provide financing alternatives with a more competitive cost structure for borrowers than by using conventional credit facilities.
Increase the credibility of the debtor against the counterparty.
Provide means to support the smooth flow of payment of debtor transactions.

Many advantages are offered by Trade finance, however, A study conducted by The IMF Trade Finance Survey in 2008, which includes 40 major banks in developed and developing countries, shows that trade financing becomes expensive and more difficult to get it Overall, the risk in trade will have an impact on the increasing difficulty of obtaining short-term credit and trade financing. Fears of failure (risk counterparty) caused banks to tighten loans. More than 90% of developed country banks and 70% in the market recognize that they have revised and tightened lending criteria and banks only finance 7% of short-term assets. Traxia Offers global trade finance solutions based on blockchain technology. By using Traxia blockchain technology offers transactions that are fast, transparent and at low cost.

Traxia creates a network of smart contracts opens and decentralized that automatically run in real time. Creating a transparent and transparent trade finance ecosystem is the main goal of this platform. Utilizing Internet technology (IoT) to track goods in real time is another solution presented by the team to bring efficiency to the global supply chain, and thus leads to better access to financing. Securitization and standardization of processes in trade will lead to transparent access to capital.

ROAD MAP

V1 (alpha) January 2018

V1 (beta) March 2018

Monolith API (PHP), web clients (Angular 4 / Typescript)

V2 April 2018

Monolith API (PHP), web clients (Angular 4 / Typescript)

V3 June / July 2018

Microservice API (NodeJS / Typescript / GraphQL), webclient

(ReactJS / Typescript / Redux), mobileclient (React Native / Typescript / Redux.

TOKEN DETAILS

Symbol: TMT

Type: CARDANO

Token Price: 1 TMT = US $ 0.15

Accepted Currencies: ETH, ADA

Classification: Utility Token

Decimals: Not Specified

Token Sale Company: Traxia Foundation

ICO Start Date: Apr 18, 2018

ICO End Date: June 02, 2018

Token Distribution: Within 48 hours or less after ICO sale ends

Hard Cap: $ 41.4 million

Total Tokens: 1,000,000,000 TMT

TMT supply is limited to max. one billion (1,000,000,000) tokens in total, Token will be generated at token launch and will be distributed in the following ways:

60% of tokens are allocated to the community
20% is allocated to the foundation creation team, development team, early supporters.
10% will be allocated to the treasury for the purpose of providing TMT Liquidity if necessary and a contingency fund
5% is allocated to Bounty
5% is allocated to the Advisor

TOKET SALE

The total supply of 1,000,000,000 TMT and hard stamp to hit is 41.4 million dollars, to be spent to 64% Loan Warehousing, 11% Business & Sales Development, 15% Smart Contract Development, 5% Legal and Compliance and 5% Contingent Fees. It is important to note that large amounts will be spent on Warehousing Loans to guarantee Liquidity Provider activities and so platform work.

BUDGET ALLOCATION

64% – Warehousing

11% – Business Dev

15% – Smart Contract Dev.

5% – Legal

5% – Contingency Budget

“I am just an ordinary writer, not a representative of Traxia or a member of his team”

To get a clearer information about Traxia and TMT token purchase procedures, please visit the link below:

Website : https://www.traxia.co/

Whitepaper : https://docs.wixstatic.com/ugd/baba69_30f719c55f344ab7ae44715a4d287811.pdf

Telegram Group : https://t.me/traxiafoundation

Bitcointalk Official Thread : https://bitcointalk.org/index.php?topic=3019695.new#new