TraXion – new-generation cryptocurrency bank

aliana007 (35)in #ico • 6 years ago (edited)

Objectives of TraXion project

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:

Covering wide audience,
Getting rid of intermediary structures,
Decentralization.

What’s already been done

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:

Platform for payments,
Personal wallet,
Finance accounting platform,
Fund-raising platform.

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.

Project innovations

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.

Why I’m going to take part in Traxion ICO?

The TraXion project has something to show its potential investors: 4 of 6 elements have already been created before ICO was launched.
The noble motives of this project will empower it with a lot of trusts.
If you use the idea of simple and open financial system for your developing country, the platform can grow worldwide.
The potential of using TraXion platform is versatile and promising.
I believe that the TraXion project will be successful, and hype and successful ICOs make x10-x20 in the first days after the release to the exchange.

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.