Hi all,
The Traxia Foundation is a distributed, liquidity network that uses smart contracts and block chains to improve trust, transparency and ultimately cash liquidity in B2B transactions. Traxia is based on the Cardano block chain. It is the first project to migrate from Ethereum to Cardano. There are about $ 43 trillion in balance sheets awaiting payment anywhere in the world. At the same time, many SMEs find it difficult to procure a production cycle. Most customers require payment of goods between 60 and 90 days from the date of delivery.
There is a solution called factoring. This is a type of supplier finance, in which the company sells credit worthy receivables at discounted prices and receives immediate cash, but the system is managed centrally by the bank. Traxia plans to system, buyer reviews and approvals, by issuing their own private key, issuing vendors write smart contracts, sellers invoices, and funds and professional investors to distribute cash liquidity, and all deal with newly created digital assets To be met in a decentralized market. Consider a block chain.
Emanco has decided to invest in this ecosystem, and Traxia is already launching the Porsche case in China in accordance with the Swiss statute.
Problem
Receivables of $ 43 trillion during the day
Banks finance only 7% of these short-term assets.
The bank continues to insist on liquidity issues to finance SMEs.
Small and medium-sized enterprises are negotiating with local banks.
Trade finance operations are costly, bureaucratic and time consuming.
Banks that depend on surplus paper tracking and slow and opaque credit decisions
solution
Distributed world trade finance ecosystem
You can use Blockchain to provide fast, transparent and inexpensive trading.
Invoices are converted into wise agreements and traded as short-term assets.
Small businesses no longer discount invoices to local banks.
Sellers and buyers continue to receive and pay for Fiat.
The only block-chain related effort is to enter a private key
Our platform is solid inside but very simple on the outside. Complete UX experience for small businesses.
What is TMT?
Traxia Membership Token (TMT) is a utility token issued by the Traxia Foundation that provides access to our ecosystem.
Each time an issuer adds a new invoice to the system, the TMT must be paid for the exchange.
Traxia Member Token (TMT) Sale
We will sell TMT tokens to support the initial operation and creation of the Traxia platform. The supply of TMT is limited to the maximum maximum. A total of one billion (1,000,000,000) tokens, including those available for sale during Token Sale. Tokens are created when you run a token and are distributed in the following ways:
Eventually 70% of the tokens are assigned to the community.
30% + 30% + 5% + 5% in the following order:
20% is allocated to basic creative, development team, and initial sponsor.
If necessary, 10% is allocated to the Treasury for the purpose of providing TMT liquidity and being used as an emergency fund.
Traxia crowdsale and its token creation process are organized around a smart contract running on an Ethereum block chain. Participants who want to support the development of the Traxia project can do so by sending Ether (ETH) and ADA tokens to the specified address. By doing so, they purchase TMT at a rate of 1 TMT per US $ 0.15 and then send it to the ETH wallet after sale. All ADA and ETH are US $ in ADA every day while at 12.30 o'clock (UTC + 8). ADA and ETH were transferred within 24 hours before 12:00 pm (UTC + 8) of each day of the conversion day, and the TMT is distributed to the ETH address provided by the buyer.
Additional information:
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Authors: YarisRiyadi1st
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My ETH: 0x8B1820FB5829696cA5b595d09dF4e0F5757a97A7
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