TraXion aims to build an environment of business favourability for everyone. We foresaw a world that will unite profitable ventures with non-profit organizations in a cryptocurrency ecosystem that will be profitable and hinge free for financial deals.
TraXion affirms that distribution is circuitry. TraXion is an inspiration of Pluma Technologies Ltd, and as this, we want to open up to prospective investors to purchase our digital currency. This will enable us to spread our current service by rending enhanced solvent current payment system, and fundraising platforms.
MENTAL IMAGE (VISION)
Establishing an easy payment gateway that will enable all business despite the size to receive financial transaction at ease without accessing a bank. The platform will unite several payment alternatives on a blockchain with default KYC for traders.
Work towards ending poverty by making sure that everyone receives commensurate admission to financial services and rewards. Ending poverty requires a wholistic attack. TraXion will affect the elements that engender poverty.
TraXion tend to be transparent across all community. By ensuring that all Aids will not be lavished to a vitiated body (government or non-governmental organizations) that is assigned to dish it.
Altruist will be rewarded automatically by “smart contracts” with their grant receivers. Our aim is to restore trust so that more people can receive aid.
MARKET OVERVIEW
In Southeast Asia, in every 600 million population, almost 50% are on the internet which makes it the world largest internet marketplace. Which is forecast at 200 Billion US Dollars and the internet speed will increase in a quick succession.
Outside Southeast Asia, payment accrued $150 trillion and service providers got more than $200 billion in revenue. And 80% came from B2B transactions.
The market is large and TraXion can exploit by shutting small business credit spread at mean lending spreads and cautious evaluation of the charges amount $270 Billion, and by including unbanked adults with the existing services expenditure stratum on a mean of below middle-income countries which amount $110 Billion.
Presently, the Blockchain marking is spring forth a lot of commercial enterprises. With over 24 countries investing in DLT, over 2400 covered over 3 years, over 90 corporations joined blockchain syndicate, over 80% banks forecasted DLT plan, over 1.4 billion USD in investment, and over 90 central banks engaged in DLT review.
TRAXION TARGETED PROBLEMS
World Bank reviewed that 10.7% of the world survive below $1.90 per day. Despite the reduction in this numbers, the percentage still approximates 750 million people. And over 2 billion adults are still unbanked.
Time to complete on border financial transactions averages three to five business days, inclusive of Automated Clearing House. This entails the low transaction speed.
There is a high rate of charges during the process of transactions to the recipient. 10% on cross-border transactions are overcharged.
The presence of middlemen is bureaucratic, which make the process complicated, tedious and faulty.
The process of transfer is not transparent leaving both the sender and receiver discombobulated.
BENEFITS OF TRAXION
• Traxion has a functional wallet that is used by gavagives.com. The wallet helps the acceptance of financial contributions by non-profit organizations to their preferred bank account. It also aids the viewing of all transactions by users.
• In the Philippines, TraXionPay is providing payment alternatives to non-credit card holders. It has a user-friendly procedure for merchants and consistent payment system for users, with over 20 payment alternatives.
• TraXion Fundraising Platform (GavaGives.com) help the non-profit organization in the proper management of their finance and donors.
• In healthcare, TraXion help users achieve their financial targets with insurance that covers auto, fire, property, and travel.
• TraXion will permit merchants not directly connected to our platform use its public API which will allow them to join TraXion ecosystem with our wallet and tokens, in order to execute transactions (receive payments, remittance, or donations).
• TraXion wallet will accommodate crypto-trading that will enable users to exchange TraXion (TXN) with other digital assets.
• TraXion wallet will enable Peer-to-Peer lending which will be secured by machine learning to extenuate risks.
TRAXION TOKEN SALE DETAIL
TAoken name: TraXion Tokens
Token Symbol: TKN
Token type: ERC20
Total supply: 500,000,000 TKN
Token price: 1 TKN= 0.0007 ETH
Hard Cap: 50,000,000 USD
Minimum purchase: 0.50 ETH or 500 TXN
Maximum purchase: 10,000 ETH or 1,000,000 TXN
Start of Crowd Sale: June 15, 2018
End of Crowd Sale: August 31, 2018
For more information on this project, visit the following links:
Website: https://traxion.tech/
White Paper: https://traxion.tech/documents/Traxion%20Whitepaper.pdf
Bitcointalk ANN: https://bitcointalk.org/index.php?topic=3043553.0
Twitter: https://twitter.com/Traxiontoken
Facebook: https://www.facebook.com/traxiontech/
Youtube: https://www.youtube.com/channel/UC7dCqbfGAc_-2VZ1ZvNv2IA
Medium: https://medium.com/traxion-tech
Authored By: https://bitcointalk.org/index.php?action=profile;u=1023247