TraXion aims to create a cryptocurrency bank which includes all the services and advantages of the existing banking system, combined with modern technologies. This platform will allow you to keep your money, use it for payment, take credits, invest or create fund-raising campaigns.
From now on, nonprofit organizations and start-ups can develop and find the funds for their projects without any red tape.
The main objectives of the project:
TraXion began to create its platform before ICO was launched. And by now, 4 of 6 key elements of the platform have already been created:
In the nearest future, they will be available for users, which will become the beginning of the development of the new Blockchain-based banking system.
Cash flow will be simplified
The existing banking and payment systems contain a lot of week points because of the lack of integration between all its elements, closedness and lack of transparency. When a client wants to pay for the services or take a credit, they have to go through red tape in several institutions, have a lot of accounts in different currencies, etc. The Blockchain-based banking platform will help solve all these issues. Besides, TraXion will help minimize risks associated with fraudulent operations and clients, and, at the same time, will get profit from financing the payments.
Steps to poverty liquidation
Digitization and decentralization of the platform will allow recording all the transactions every second of time. Thus, TraXion reduces corruption and will contribute to solving the problem of poverty, both locally, and all the people will get access to all the options and facilities.
It’s a bit unrealistic to say that Blockchain can put an end to poverty, as this problem is very extended, but getting rid of corruption and open transactions will be beneficial to everybody.
A lot of channels of assistance
The power of Blockchain is boundless. Charities will feel the benefits of automatized “smart” contracts. Different funds and individual philanthropists will see how and where their money come, which gives more trust in such a system. Blockchain will help to create a better and more perfect system.
Basing on the above reasons, I’m going to take part in ICO TraXion with a substantial amount and will keep TXN tokens for a long time, because I strongly believe in this project.
Website: https://traxion.tech/
White Paper: https://traxion.tech/documents/Traxion%20Whitepaper.pdf
Github: https://github.com/Traxioncoin
Telegram: http://t.me/TraxionICO
Medium: https://medium.com/Traxion-tech
Facebook: https://www.facebook.com/Traxion.tech/
Twitter: https://twitter.com/Traxiontoken
Youtube: https://www.youtube.com/channel/UC7dCqbfGAc_-2VZ1ZvNv2IA
Author: https://bitcointalk.org/index.php?action=profile;u=1688930
