What is TraXion?

TraXion is a scalable, authorized platform for business users. The team is configured to create the ideal infrastructure for daily use. With the help of blocking technology, the integrity and security of data storage, reporting, reliability and transparency of all operations will be ensured. The platform is set to increase the level of trust between users due to smart contracts. Using TraXion, you can quickly and inexpensively carry out transactions, even with small starting capital, while not worrying about security.

Features
TraXion offers a wide range of future shticks on its platform, for example: a wallet with several cryptocurrencies, also the users will have an access to white-label money transfers portal. Besides, when we talk about fundraising platform smart contracts will be forced into application. What is more, anyone among the users can who may need some credit or just to solve his financial issues can deal with a peer credit platform.

TraXion bill themselves as a huge and multi optional program, where one can do his or her business, create smart contracts and get free access to the data.

To make it simple, all the users’ operations will be held with the help of “know-your-customer” rule and a host. In future, regular payments will be much more cheaper in terms of smart contracts.

How the platform works

Now let’s take a closer look at how the platform works. Here are the main components it will contain: TraXionWallet Within this component, fintech and insurtech applications will be combined. That is, you will be provided with financial services and maximize efficiency by using the latest technologies.You will be able to transfer and exchange assets without commissions if you use system tokens. Also provide analytical reports and summaries and a system of rewards, for which you can follow in your wallet.TraXionConnect This component will be responsible for executing workflows, using smart contracts to manage more effectively, increase the level of trust and more holistically store data. The records of the transactions carried out can not be changed. TraXionChain TraXionChain is a component that creates solutions for closed networks. It will provide customized business solutions for companies, providing systems interaction, data integrity and allowing you to track how your assets move in the chain. Open API The public API will allow sellers, even those who are not platform participants, to participate in the ecosystem, receive payments, money transfers, donations and so on, using the HyperTraxion wallet. By the way, with the help of this purse will be the possibility of Peer to Peer lending. Using machine training will reduce risks, because credit scores will be based on the history of transactions, how you paid for them and other factors of behavior. Authorized network The authorized TraXion network allows you to make transactions public or hidden and supports smart contracts. Using this network, it is possible to increase the bandwidth and conduct about 100 transactions per second.

Details of the ICO

Token: TXN The beginning of the public sale: June 15, 2018 Completion: July 31, 2018 Price of the token: 0.001 ETH Hardhat: 100,000 ETH

The proceeds from the sale of the tokens will be distributed as follows: 35% will go to further development of the platform; 30% - for business development; 20% - compliance with all regulatory requirements; 15% will account for operating expenses.

To support the project will be released its own platform tokens. The creators emphasize that they do this not to achieve a speculative goal, but to raise capital for the development of the platform. As you might guess, tokens will be used for all operations, interaction between participants, interaction with the platform and commission payments, and the platform will reward its users for certain actions.

References to the project

Website: https://www.traxion.tech/
Whitepaper: https://traxion.tech/documents/Traxion%20Whitepaper.pdf
Telegram: https://t.me/TraXionICO
Twitter: https://twitter.com/traxiontoken
Facebook: https://www.facebook.com/traxion.tech/
Medium: https://medium.com/traxion-tech
ANN: https://bitcointalk.org/index.php?topic=3043553.0

Author :
Bitcointalk Username : nguyenthitam88
Bitcointalk url : https://bitcointalk.org/index.php?action=profile;u=1613875
My Ethereum Wallet: 0x2F1b57FbEf83e885dD74f5E1912A674Ab6ea72B4