What is TraXion?
TraXion aims to provide a dynamic environment to allow for the future use and integration of cryptocurrency into everyday society. They plan on doing this through several ways. The first is by providing a wallet to their users for safe crypto storage and easy payments. Then, they’ll be introducing blockchain solutions for businesses and networking, as well as the introduction of smart contracts for accountability and good trust.
This ICO wants to provide a fast and easy way of using crypto in daily life, whether it be to pay bills or to go shopping. The TraXion platform aims on doing this by creating a compliant network. One that encourages honesty, integrity, and speed in every transaction.
TraXion Wallet: It’s not a safe idea to keep all of your assets within an exchange, and physical wallets can sometimes get lost. With the TraXion wallet, you’ll be able to safely store all of your tokens. In addition to storage, you’ll also be able to transfer your assets at zero-cost, which will save the average user a lot of money in the long run.
TraXion Chain: TraXion wants to provide business solutions through blockchain. Many large companies have already begun to incorporate blockchain into their network for enhanced security and increased speed. TraXion wants to make this possible for smaller companies as well.
TraXion Contract: TraXion wants to create a basis of trust between clients and users. This can easily be achieved through smart contracts. These smart contracts provide integrity between parties by solidifying transaction data and terms.
What Issue Does it Solve?
Have you ever wanted to pay for your meal with cryptocurrency? How about sending a cryptocurrency payment to your local power company for the electric bill? As it stands now, cryptocurrency still has quite a few risks and isn’t the most trustworthy form of payment.
TraXion wants to fix this by creating a platform and community that’s based on trust. They plan to do this through their smart contracts which provide clear and concise data about each transaction.
Token Sale Information
Whitepaper: https://traxion.tech/documents/Traxion Whitepaper.pdf
Token name: TXN
Token Sale: Begins May 2018
Accepted payment: ETH
1 TXN = 0.001 ETH
Hardcap: 100,000 ETH
Total tokens: 500,000,000
Tokens reserved for sale: 250,000,000
Banned Countries: USA, China, Cuba, Sudan, Iran, North Korea
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
TraXion is aiming to provide a way to make cryptocurrency viable as a day-to-day payment and trading method. Through their wallet, intuitive smart contracts, and by providing blockchain solutions to businesses, TraXion hopes to create a community and environment of trust around cryptocurrency. This will encourage the daily use of tokens in anything. This will open the door for increased lending, trading, and shopping in the future.
For more information
Bitcointalk Profile: https://bitcointalk.org/index.php?action=profile;u=1106910