TRAXION // Blockchain Platform Technology

Introduction

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 delivery portals and peer-to-peer loan platforms that every user will use for micro- Financing or simple loans 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 Fabric's Fabric Hyperledger Linux (see https://www.hyperledger.org/). It is possible to present a safe and simple way to use banking payments and architectures that aim to lower 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 platform worldwide and connect it in distributed, open, 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 the need for a temporary partner to also allow all players to contribute to causing this blockchain trust. Traxion aims to fill the gap between existing financial systems and new non-user-friendly technologies that emerge by presenting a safe and simple way to use banking and architectural payments aimed at lowering the barriers of financial inclusion and providing financial services to owners and not having shares . Through planned integration with Master Card Providers, 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 cryptocurrency or blockchain technology. 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.

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 costs and peer-to-peer remittance, transparently explaining philanthropic activities of nonprofit organizations and enabling insurance and investment to be processed more efficiently using smart contracts. TRAX's goal to become a better bank in a block-based environment allows 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.

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

TraXion, a customizable, unchangeable, and permissible platform that 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 other words, working on the TraXion platform, for example, payments will be secure because it integrates KYC from clients and hosts; In addition, systematic payments will be cheaper with smart contracts. TraXion wants to reach everyone who does not stand up and let them adopt this technology by saving their money in TraXion's wallet, thus working like a real and unbelieving bank system for removing any intermediary.

Distribution token

CROWDSALE: 40%
TEAM: 20%
BACKUP: 20%
PRE-SALE: 8%
COMMUNITIES: 5%
GIFTS & BOUNTY:
CSR 3%: 2%
SEED: 2%

Token Structure

TOTAL TRAXION TOKEN: 500.000.000
TO TOKEN SALE: 250,000,000
EXCHANGE 1 TXN: 0.0005 EACH
HARD CAP: 60,000,000 USD

Allocation of Token

PLATFORM DEVELOPMENT: 35%
BUSINESS DEVELOPMENT: 30%
LEGAL & COMPLIANCE: 20%
OPERATIONS: 15%



For more information please visit the official website below:

WEBSITE: https://traxion.tech/
WHITEPAPER: https://traxion.tech/documents/Traxion%20Whitepaper.pdf
THREAD ANN: https://bitcointalk.org/index.php?topic=3043553.0
REDDIT: https: / /www.reddit.com/user/TraxionICO/
YOUTUBE: https://www.youtube.com/channel/UC7dCqbfGAc_-2VZ1ZvNv2IA

Author: Koeskoesnadi
Bitcointalk profile: https://bitcointalk.org/index.php?action=profile;u=1702011
ETH wallet address: 0x111cf590EFeBD57d2144639aB1331Eb5e20712C4