Every industry is adopting blockchain because of its advanced transparency features and immutable nature. The credibility associated with blockchain is undeniable and therefore we hear industries converting to blockchain on a daily basis. Talking specifically about Traxion ecosystem, it answers the core problem which is both domestic and business.
The Core function of Traxion
The core function of Traxion is to make the cryptocurrencies functional at a domestic level. Digital currencies are called the future currencies; there is no debate about its value in comparison to fiat currencies. Even the giant traditional currencies seem tiny in front of crypto currencies. The only unfortunate aspect about them is that they are not being used at a big level. How many of you can pay for their groceries, pizzas, coffee in cryptocurrencies. There are very few stores which accept digital currencies as a legitimate way of payment.
What is the methodology of the platform?
Traxion will make it happen through its hyperleder Fabric blockchain based platform. The platform is very user-friendly and the key components can be activated by a simple plug-and-play method. Initially, the platform will facilitate individuals, banks, organizations to execute transactions instantaneously among themselves with high degree of security and transparency.
Why Traxicon for payment-transactions?
Logical questions! Why anybody would feel the need to use Traxicon simply for making transactions while there are already so many options. They might feel it more convenient to pay through fiat; however, they could still utilize their crypto by converting them into traditional currencies and then paying through it. The answer is here. There is no signal financial institution or platform which provides these services without having its own cut. There are no intermediary charges since there is no middleman to assist the both parties. It provides a fast transaction because nothing is interfering between the sender and the receiver. So, it makes it a four-fold approach by providing efficiency, accuracy, speed and by charging no fee.
The platform’s other valuable services
Traxion is not just a system which only offers one service. There are plenty of services at the platform, few have been launched while others are on the list.
- The platform offers its users to use multiple payment gateways as per their convenience.
- It also offers a fundraising platform where organizations can manage the donations and enjoy the leverage of choosing from 20 payment options.
- It also intends to launch a trading platform by December, 2018 to give the traders an option to trade multiple digital currencies.
Token information's:
Token
TXN
Price
1 TXN = 0.001 ETH
Bounty
Available
Platform
Ethereum
Accepting
ETH
Hard cap
100 000 ETH
Country
Philippines
Whitelist/KYC
KYC & Whitelist
Restricted areas
USA
For more information about the project visit.
Website:
https://traxion.tech/
Telegram:
https://t.me/TraXionICO
Facebook:
https://web.facebook.com/traxion.tech
Twitter:
https://twitter.com/traxiontoken
Medium:
https://medium.com/traxion-tech
Github:
https://github.com/traxioncoin
Youtube:
https://www.youtube.com/channel/UC7dCqbfGAc_-2VZ1ZvNv2IA