Although it is still widely used in the world, the conventional finance system indeed has some lacks. It is sad as the most visible one is the trade finance gap that generates some other problems.
Abstract
Talking about the gap, there are indeed some matters that cannot be separated from it including no trust between the related banks, no or limited transparency causing the less reliable data, endless paperwork, the limitation of cash liquidity available, and still many more. Since there are sides considered as being disadvantageous of this matter, it seems reasonable if a new finance system should be applied. Traxia is one of the finance company that tries to break the rule by applying another finance system despite what we already now.
What is Traxia?
Traxia has been established for some years to give solutions of finance problems that cannot be done by other conventional banks. In general, it works and is functioned like the bank in common. It is proven by its ability to offer traditional finance products like factoring, Supply Chain Finance, Letter of Credit, and others. What makes this company different from others is about the system applied. Being influenced by the popularity of Cryptocurrency nowadays, this company tries to adapt the system behind. So, rather than all the data about the finance is gathered or centralized in the central spot, it is decentralized anyway. It means that Traxia gives chances for all the parties involved to control and monitor the finance system.
Vision
It has been mentioned before that there are many lacks in the conventional bank system that tends to be disadvantageous for other parties. In many cases, the banks as the third party are those who gain benefits from other people’s transaction. On the other hand, the third party is traditionally not needed. In this modern day, it is almost impossible to do any transaction without the presence of third party; which is the bank. Therefore, Traxia tries to bring back the importance of peer-to-peer transaction without the presence of third party in the modern finance system. Of course, it is also to lessen and even remove the problems commonly experienced by using the bank role. Read more on their whitepaper
Platform
How can Traxia work without any role from the third party? Here is then a great system namely Blockchain. Blockchain is a new system with decentralization concept in which the data are not gathered only in one spot but they are spreading around in a networking. There must be many computers connected each other and then all the parties involved can just monitor all the data kept there. Interestingly, the over-transparency here can even be more beneficial.
Advantages
For many reasons, there are many advantages given by Traxia along with its Blockchain system. It brings back the trust and cooperation already missed out in the conventional banks. Its ability to provide many finance products make the customers to do transaction, trade, and investment as usual in more secured ways.
Tokens
The membership gives access to the concept of token. There are basically two access types; 1) accessing the ecosystme by issuing and listing services and 2) paying the membership fee based on the Traxia membership token.
Token Details
- Token Name : TMT
- 1 TMT = $0.15 USD
- Accept payment : ETH and ADA
- Token issued : 1,000,000,000
TMT Token Allocation
- 60% Token Sale
- 20% Team
- 10% Treasury
- 5% Bounty
- 5% Advisors
For further information, fell free to visit :
- Website : https://www.traxia.co/
- White paper : https://docs.wixstatic.com/ugd/baba69_30f719c55f344ab7ae44715a4d287811.pdf
- ANN : https://bitcointalk.org/index.php?topic=3019695.new#new
- Telegram : https://t.me/traxiafoundation
- Facebook : https://www.facebook.com/TraxiaFoundation
- Twitter : https://twitter.com/TraxiaNetwork
- Token Sale info : https://www.traxia.co/token-sale-info
Author
- username : anas2909
- link profile : https://bitcointalk.org/index.php?action=profile;u=1527436
- ETH Address : 0x44cF61F420D6cbA87627a0371521611082a12004