How did you discover TraXion?
Earlier this month, I was asked to review a white paper on a project that a colleague of mine (Tyler Sanford, another former Yelper) was very excited about and working on to spearhead community and marketing efforts. Once I reviewed the full overview, founding team and plan for execution, I became a believer in the project and felt compelled to help TraXion with their ICO and beyond.
How important is TraXion?
TraXion has a very important focus — to be a better bank in a blockchain-driven environment. The very talented and accomplished team is building a crypto-economy for the present and future. It aims to fill the gap between the existing financial systems and emerging non-user-friendly technologies by presenting a secure and simple way to use payments and banking architecture that will lower financial inclusion barriers and provide financial services to the banked and unbanked.
Why is Hyperledger Fabric technology important?
Adopting Hyperledger Fabric technology, the participants in the entire TraXion network — people, businesses, and non-profit organizations — can create diverse and vast private networks for different modes of transactions and allocate involved participants with certain limitations to build secure sub networks.
Will TraXion replace traditional banks?
TraXion does not aim to replace traditional banks, but rather be a system that will transition the entire economy in a distributed network, which the banks can integrate to make a smooth shift from fiat to digital currencies and transactions. All financial activities, products, and services will be enabled in one digital wallet, enabling the community to do more with less while eliminating bureaucracy, long lines, and corruption.
What are the details of the TraXion ICO?
TraXion will mobilize capital through the ICO for various social impact projects. 1% of the total tokens will be allocated to its trusted fundraising platform for non-profits rewarding both donors and high impact performing foundations/organizations.
TraXionWallet
Combines existing fintech and insurtech apps in one ecosystem. The company provides white-labeled wallets to business organizations who want to move financial assets at zero cost through tokenization of their local currencies.
TraXionChain
Creates inter-business blockchain solutions for closed network. It delivers customized business solutions to conglomerates requiring interoperability, data integrity, and asset tracking within the supply chain.
TraXionContract
Applies Smart Contracts on workflows for good governance. TraXion can significantly increase the integrity of information, improve performance management, and reduce wastage and corruption.
Roadmap
TraXion ICO:
Accepting ETH
Distributed in ICO 50%
Hard cap 100,000 ETH
TraXion Token Details
Token Name : TXN
Platform : Ethereum
Type : ERC20
Price in ICO : 1 TXN = 0.001 ETH
Tokens for sale : 250,000,000
TraXion Rating and Review
ICOBench : 4.8 of 5
FoundICO : 8.7 of 10
Compare TraXion vs BTC vs ETH
Benefits of TraXion
Has competent team with relevant skills
The TraXion team have an average combined experience of 20+ years in various industries from business development and entrepreneurship, to cyber security, financial technology, and blockchain.
Has proof of concept and relevant products
Traditional financial products and donation channels are innovated and made available through TraXion’s distributed financial infrastructure for aid candor, elimination of corruption, and financial inclusion.
Has current contracts and partners
TraXion will be among the first distributed platforms on Hyperledger Fabric technology, and has established working ties with several financial technology services for an all-in-one financial solution.
Has network of users and organizations
Individuals, conglomerates, merchants, and non-profit organizations — all in a single infrastructure that enables a crypto economy free of obstruction, fraud, bureaucracy
For more information
WEBSITE https://traxion.tech/
WHITEPAPER https://traxion.tech/documents/Traxion%20Whitepaper.pdf
TWITTER https://twitter.com/traxiontoken
FACEBOOK https://www.facebook.com/traxion.tech/
YOUTUBE https://www.youtube.com/channel/UC7dCqbfGAc_-2VZ1ZvNv2IA
TELEGRAM http://t.me/TraXionICO
LINKEDIN https://www.linkedin.com/company/traxiontoken/
BOUNTY https://bitcointalk.org/index.php?topic=3043752
Author: arbifahrozy