Review on TRAXIA by francis fernandez

Name: TRAXIA
Item: TRAXIA
Rating: 3

February 13, 2021

easy access to instant financing

For small and medium-sized companies, the collection management of their invoices can seem cumbersome if they do not have efficient logistics. For this reason, more and more companies are using electronic platforms that allow them to reinvent their invoices to obtain liquidity in less time.
Traxia is a blockchain infrastructure that aims to offer short-term financing services, to small and medium merchants, within a B2B network; whose support is constituted by their own invoices pending collection.
In such a way that merchants can quickly dispose of stagnant funds in the accounts receivable of their companies.
Traxia creates a trade network between companies of the same category that allows offering these assets within a global market, after their tokenization within its blockchain platform.
In this sense; companies can create sources of liquidity instantly and investors can acquire and trade these tokenized assets within a secure market.
Regarding its security and technology; Traxia owns its TMT token, which initially worked on the Ethereum chain but was migrated to Cardano.
Traxia uses smart contract technology to implement a trading network based on liquidity, with a fully decentralized operation that provides security and builds trust among the trading community where it operates.
The importance of this platform lies in serving as a financial instrument to help small and medium-sized trade organizations to boost their operations, by injecting liquidity resources immediately and using their own assets as collateral for their financing.
In this sense, Traxia promotes the economic growth of this business group, which often does not have the support of large financial entities.

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