TRAXION - Blockchain technology platform in ico review

As technology develops in the future, TraXion will add more functionality to its platform, such as the use of smart contracts on fundraising platforms, multi cryptographic wallets, white label remittance portals and peer-to-peer loan platforms that every user will use for micro- financing or simple lending under TraXion KYC and CreditScore.

MISSION

Traxion is a project aimed at creating platforms prior to the ICO event for payments, wallets, personal financing and fundraising, filling the gap between existing financial systems and emerging non-user-friendly technologies and working on IBM Blockchain based on the Foundation's Fabric Hyperledger Linux.

It is possible to present a safe and simple way to use banking payments and architectures that aim to lower the barriers to financial inclusion and provide financial services to honorable and unbound parties.

Traxion is building a crypto economy to survive, therefore, its focus will be on scale, elimination of intermediaries, and the decentralization of inheritance systems. To achieve this goal, Traxion will offer white labeling platforms worldwide and connect them in distributed, exposed and secure blockchain. It will be used by banks, operators and agents in key jurisdictions to process various fiat currencies and facilitate cross-border transactions without requiring a temporary counterpart to also allow all players to contribute to causing this blockchain trust. Traxion aims to fill the gap between existing financial systems and new emerging non-user-friendly technologies by presenting a safe and simple way to use banking payments and architecture aimed at lowering financial inclusion barriers and providing financial services to owners and not owning shares. Through planned integration with the Master Card Provider, we will build a wallet that lets our users store or transfer money to any card in the world. The sender and receiver transact in local currency and does not require awareness of cryptocurrencies or blockchain technologies. To achieve this goal, an initial coin offer (ICO) will be made. The offer will be a virtual currency token known as Token Traxion or TXN. The accumulated fund will be awarded as a grant for a foundation located in Southeast Asia (Yayasan Gava Foundation) to facilitate the development of the Traxion project.

Traxion has launched several products and services to prepare for this exciting event that involves many people in its mission. Traxion plans to have significant infrastructure in place before the initial coin offer (ICO). To date, Traxion has built four (4) out of six elements on a proposed economic scale:
Platforms of Payments, Wallets, Personal Finance Platforms and Fundraising Platforms. These four platforms will soon be in TraxChain connecting people to effectively make payment transactions, lowering borrowing and peer-to-peer remittance fees, transparently explaining philanthropic activities of nonprofit organizations and enabling insurance and investment to be processed more efficiently using smart contracts .Traxion aims to become a better bank in a block-based environment, enabling its community to load, transmit, store, spend, lend, borrow, and use more secure, simple, yet precise applications. This is an environment where nonprofits meet with the nonprofit sector and develop synergies for corruption-free social impact activities.

Early Coin Bids will fund the platform and will be structured as follows: Total Traxion Token 500,000,000; Sold 250,000,000; The value of each token 1 TXN = 0.0005 ETH and Hard Cap 100,000,000 USD. For initial buyers, there is a 40% discount. Whitelist opens.

TraXion, a scalable, unchanged and allowable platform, which enables smart contracts, enhances business and provides free data viewing. The team wants to use the latest IBM Hyperledger Fabric technology to provide network, business and connectivity integration among people. In bad words, working on the TraXion platform, for example, payments will be secure because it integrates KYC from clients and hosts; Furthermore, systematic payments will be cheaper with smart contracts. TraXion wants to reach out to everyone who does not stand up and let them adopt this technology by keeping their money safe in TraXion's wallet, so it works like a bank system that is as real and unbelieving as it deletes any intermediary.