Initial Coin Offerings Best LIST

"Link your ICO to Success!"

Here you can find the ICO short description, user reviews, details and links to the ICO website, whitepaper and Social Channels.

All information is published in the ICO List only for informational purposes and is not a recommendation for participation in a particular ICO or Crowdfunding Campaign!

Log in
x
or
Register
x

or
enzh-CNfrdehiitjakorues

"Link your ICO to Success!"

ICO List bg

ICO EveryCoin Banner BLOCKCHAIN GOES HOLLYWOOD

ICO «Traxia»

«Finance»

Ended
4.89 (2 votes)
Share this ICO in Social Networks:

ICO «Traxia» Listed:

May 3, 2018
Community Member:

Ksenia

ICO Description

Traxia is to establish an open and decentralized ecosystem to improve trade finance globally. Traxia combines blockchain and an open, connected IT architecture to create a new ecosystem for trade finance. It allows corporates to create smart contracts — automated, self-executing digital contracts that trigger payments and receipts in real time as goods move through the supply chain.

Tracking of goods through modern Internet of Things (IoT) solutions can further eliminate uncertainty about where physical goods are; blockchain helps to verify identity and ownership and could conceivably simplify compliance and governance, as well as reducing manual work and human error. The transparency gain from such advancements ultimately leads to better access to fiance.

First  project invested by Cardano Core team (Emurgo)

Traxia is a B2B trade finance platform that allows SMEs to access short-term funding by using their accounts receivables as collateral. Institutional investors can buy and trade this newly created tokenized debt securities on a global market.

 Why people like it:

 - First project invested by Cardano (through Emurgo investment arm)

- Targets a global $43 trillion market

- First use-case with Porsche Design in China

- Platform up and running (second version in April 2018)

 How does it actually work?

  • A Small Medium Enterprise (SME) creates a profile and Uploads their invoices with a large multinational company (MNC) to the platform.
  • The MNC verifies the invoice and if in agreement with the terms, accepts the debt by using their private key.
  • We create a digital asset (smart-contract) out of that invoice - this debt security can now be traded.
  • Institutional investors make an offer to buy this debt security at a discount 
  • The Investor who bids the lowest discount acquires the debt security token by paying the SME in a Fiat currency.
  • The Investor now owns the security. He can also trade it on a secondary market.
  • On the due date, the MNC pays the investor or the current holder of the debt security back in fiat currency

 

✅ ICO Traxia VIDEO PRESENTATION

Video

✅ COMMENTS: ICO "Traxia"

Comments (0)

There are no comments posted here yet

Leave your comments

  1. Post comment as a guest (Moderator approval).
    To comment without approval Sign In or Register
Attachments (0 / 3)
Share Your Location

ICO Details

ICO «Traxia» Stage Start: May 1, 2018

ICO «Traxia» Stage Finish: June 2, 2018

ICO «Traxia» Symbol: TMT

ICO «Traxia» Platform: Ethereum

ICO Rating

Idea
5.00
ICO Advisors
5.00
ICO Team
5.00
ICO Website
4.50
Whitepaper
4.50
contact