AXenS: Transforming Global Trade
Introduction
The Blockchain Technology opens many doors to new decentralized businesses and eliminates the need for expensive third parties. Many new companies are now working on this technology, and large companies are testing it in closed networks to collaborate directly with each other without the need for intermediaries. For that reason, there is a lot of projects that are starting to use this new technology. However, not all of them are worth it. We have to read well what each project is dedicated to, what is its whitepaper, its qualified advisors, etc.
As I said, this technology has gained popularity due to the hype about cryptocurrencies which has shaken many startups to launch their own cryptocurrencies even without convincing fundamentals. This trend has emerged because new entrants have been agiler in adopting emerging technologies compared to incumbents who are hampered by legacy systems.
For this reason, I want to present to you AxenS, the most forward thinking B2B platform for Distributed Supply Chain Finance (DSCF) and Distributed Trade Services (DTS). It provides innovative, flexible and accessible trade finance as well as a look-through, secure supply chain management process. We enable the automation of global trade transactions, we manage large numbers of business partners and documents, and we ensure that businesses always comply with constantly changing international legal regulations.
Definition
Basically, AxenS (AXS) (http://www.axens.io/) is the most advanced B2B platform for financing the distributed supply chain (DSCF) and distributed commerce services (DTS). It provides innovative, flexible and accessible commercial financing, as well as a safe and transparent supply chain management process.
AXenS is a company established by a consortium of Global Commodity Businesses of Raw Materials. The aim is to take advantage of the new transformation technologies while increasing the critical mass, safety and frequency of commercial activity. It has been possible through a joint venture with Xnotes, an award-winning Blockchain technology company and other world-class developers.
AXenS works with an enterprise-level blockchain technology to support global business activities with the necessary tools to participate in the most widely available and scalable network, where logistics and supply chain services, financial and insurance services, Government agencies and customs authorities can interoperate and collaborate in the safest way. AXenS relieves costly delays and financial risks related to imports and exports, allowing companies of all sizes to react quickly to business opportunities.
The technology used by AXenS is the so-called Xnotes, an award-winning open source decentralized transaction system that implements an innovative, energy-efficient, business-driven, energy-agnostic, block-chain approach to the blockchain that enables the Organizations and companies of all sizes and industries issue, disseminate and manage their own digital assets safely, easily and profitably, such as currencies, securities, loyalty points, miles, property deeds, agreements, raw materials, etc. Xnotes brings Blockchain technology to business-level applications with business-processing logic based on configurable workflows for smarter "smart contracts". Xnotes has been designed as a distributed system of multiple highly scalable accounting books with an integrated system of trust management and permits. This technology encompasses a set of network components, cryptography and software that enable the development of enterprise-class applications and mobile applications protected by techniques of blocking and management of digital identity, trust and reputation.
It enables the automation of global business transactions, manage a large number of business partners and documents, and ensure that companies always comply with constantly changing international legal standards.
Token details
Token: AXS
Platform: STELLAR
Type: STELLAR
Price in ICO: 1 AXS = 0.50 USD
Tokens for sale: 65,000,000
Bounty program
The project gives the opportunity to earn AxenS (AXS) tokens performing some social media tasks and doing simple steps from the bounty program explained into the Bitcointalk Webpage. Here (https://bitcointalk.org/index.php?topic=3063527) you can access the link in order to see what are the conditions to become an early AXS contributor and start acquiring tokens.
Doesn't that sound interesting? If you are interested in this airdrop or basically in the ICO, you can read their Whitepaper here (https://www.axens.io/downloads/AXenS_Whitepaper.pdf). You can also stay tuned in their official Telegram group (http://t.me/axens_io). I hope you liked the post and soon I'll send you new ones.
Roadmap
| n# | Event |
|---|---|
| 1 | Technical Development of the Platform for 2018" |
| 2 | Web-based UI/UX |
| 3 | Lender-side Portal + Borrower-side Portal |
| 4 | Loan Syndication |
| 5 | Secondary Market |
| 6 | Permissioned Data / Document repository Setup (trusted distributed storage + proof-of-existence over Xnotes blockchain) |
| 7 | Identity Management + KYC |
| 8 | Progressive implementation of the required Supply Chain Digitization processes |
| 9 | Loan Self-Executable Agreement / Smart Contract development (Xnotes-based) |
| 10 | Configuration of SAP Global Trade Services to support AXenS Trade Service |
| 11 | Development of market-making capabilities (for opportunity portal, loan syndication and secondary market) |
| 12 | Developer API to allow third-party apps to interact with AXenS network |
| 13 | SAP-certified backend configuration to comply with financial and logistic regulations |
Business Development for AXenS for 2018:
- Ongoing listing of AXS tokens in the largest exchanges
- Ongoing onboarding of lenders, borrowers and other services providers
- Onboarding of the different service providers continues
- Rollout of the new functions (e.g. crowd funding) and trade services
- Building of custodial and other banking relationships with financial institutions
- Move into areas other than SMEs - this would already have been done opportunistically
- Securitization of Loans to be sold to third parties freeing up liquidity
- Over time, parley AXS into the main medium to tokenize global trade credit, and have it accepted by all parties.
Author Details
Telegram username: @clauming
Bitcointalk username: adriaparcerisas
Bitcointalk profile link: https://bitcointalk.org/index.php?action=profile;u=1870482
Ethereum address: 0xC6AB45541006D53D31E25b41c7d245c5Ad99BF71
Stellar address: GCI54YPNEUVASRRLOUHL5IQMYLQL2KOM5KA25BWGWOB3ZVL2Z7MDSLDK
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