Jul 29 2018
Groundbreaking Invention To Combat Injustice: Traxion
We all know that the world is always an injustice. Only a fraction of people control the majority of the world’s capital, their government neglects ten wealthiest people on the planet equivalent to half of the entire population of the earth in the term of economy, and weak, and so forth. Those issues are the result of the economic injustice that has been ravaged the world economy for many years, and thus we need to act fast to restore the prosperity to the people. But the world leaders out there are having so much disagreement concerning how to treat the people, and thus the solution is still so far away. There is no a tangible solution yet to counter this injustice, as the countries are moving on their own, uncoordinated to the global plan, whereas the issue of poverty is the issue of humanity, not just the specific country alone. Most of the poor people are located in some region of Asia, Africa, and some of Eastern Europe, and that almost comprises for about 70 % of the world’s global population. We have to admit it now, that the situation is not getting good, and we need to get out of this murky water as soon as we can.
The most hampering issue for the developing countries is access to the information and capital revenue. The capital is the amount of money that can be converted into several forms of business that can boost the prosperity of the people. Unfortunately, the capital now is being centered in Europe such as Germany, Benelux region, and the USA. As for the rest of the world, they need to search it elsewhere, whether to gain it via international aid, of debt. But the more we delve into the issue, the darker it gets since the problem is not just revolved in the lack of money that the country has, but the management of such funds, and the distribution of the wealth that has become the primary problem, and that is not a simple problem.
The third world countries or the countries that are developing have so many issues that are severely hampering the prosperity of the people, such as:
- Lack of transparency
He some degree of openness to ensure the integrity of the government, and to reduce the risk of corruption. Corruption spread due to the lack of surveillance from the system and the people, and therefore the people need to be involved in an attempt to observe the government’s work so that the government official will have little to no chance to corrupt the money. The governments, along with the nonprofit organization need to enhance and promote the transparency so that the governmental affairs can be seen publicly and the people can judge whether the conduct has been rightly or not.
- Lack of infrastructure
Infrastructure is also very important for the growth of the country since the country’s goods and all sorts of things that is vital for the development of the economy heavily dependent on the availability of the infrastructure such as bridges, roads, even internet connection. The later becomes increasingly important since the world of business nowadays is usually connected to the internet, and therefore having the internet connection for the growth of the companies is mandatory today. But unfortunately the developing countries are merely lacking in all of those sectors, where the internet is not entirely covers the whole nations, and the roads are not interconnected and thus further hamper the progress of development.
- Anti-bank attitude
This article does not mean to promote any particular bank, but rather the banking system as a whole. We do understand that not all kind of banks are right, which some of them are just concerns for the profit generation effort, but the anti-bank attitude that is plaguing the developing countries are not right either. This will lead to the difficulty In doing something which is mainly the transaction, as the people need to do it with physical cash, which is inefficient today. Banks will also protect your money better than your storage which can be destroyed in some manner such as the fire, earthquakes and so forth. The people need to trust the bank more, and the bank needs to respect the trust accordingly.
- Technological lag
The technology without a doubt is the catalyst for the progress. Nothing can move forward without a proper tech, and therefore the people need to gain their tech to get the business going. But unfortunately that is not a case since the third world countries are lagging behind in the term of technological adoption, and that is a severe blow to the businessman. The proper tech will allow the people to do more and to innovate more so that they can improve their condition and also their own business. With an appropriate tech, the transparency of the government can be attained too, and thus make the government affairs more effectively. The more active the government affairs, the better it is to make the people prosper and combat poverty.
Those issues need to be addressed properly, be it with the government agencies, or the third parties such as the private sectors. The work also needs to be coordinated towards the same goals, which are removing any economic barrier between the countries and thus eradicating poverty together. We then need something as a catalyst to ignite the spark which will be followed by the rest of the world.
For further information, you can refer to these web pages below.
Emerging Platform To Combat Injustice: Traxion
First of all, we don’t claim that traxion acts just like the panacea for the entire world’s illness. But this platform does provide the solution to several critical points that relate to the poverty issues that are now plaguing the majority of the people across the world. As you have guessed, traxion is a platform that employs the blockchain system. Blockchain itself is a series of connection between the users and the platform that is decentralized and user-friendly since it is oriented for the users. The blockchain system could be stated as the pinnacle of the technological advancement that the world has experienced in the last decades. The number of platforms that have employed the blockchain system is steadily increasing day by day.
But why blockchain platform? Of all the other thing that the government cannot provide to its citizen is the gamification of the system. Utilizing the traction will benefit the ecosystem and the user itself since it is work double-edged. This is why so many people will always revert to the blockchain system since they are the most rewarding and consistently giving them benefit and that is why people love this ecosystem. Several significant advantages can be obtained by utilizing the platform, such as.
- Faster transaction everywhere
The transaction, as we have already stated above, is the vein of every business. All kind of activity will rely on the speed of the operation to make the business grow stronger and faster. The market that has the high rate of a transaction is often referred to as the right companies, and therefore more small companies are employing the mechanism to speed up the operation so that they can attract more customer. The operation using the traxion platform is just a matter of hand swipe, and that is very convenient. Aside from the speed of the trade, the user will also be rewarded post-transaction in the form of cashback that surely will benefit the user. This will encourage the user to shop more using traxion, and your business can be highlighted more.
- Supporting the small business
The small business is the frontier of economic recovery. The birth and emergence of the small business mean that the people are full of optimism towards the national economy and thus creating more fields for jobs and another business counterpart. A small takoyaki stall, for example, is very beneficial for the local economy since it will encourage the oil merchants, squid supplier, flour distributor and so forth. The local economy will be significantly boosted as the growth of the small business start to goes up. This platform, through the speed of the transaction, will surely encourage the small business as it is more rewarding for them.
- Providing transparency and good governance
Not only will the small business owner that is going to be benefitted by the emergence of this platform but the government also gain their benefit. The government can help to increase the rate of transparency in their governance, and ensuring that all kind of funds that is obtained by the government can be distributed evenly no matter what. This will eradicate the chance of corruption and thus provide the prosperity of the people. As the government becomes healthier, the success of the people will inevitably rise up and therefore make the situation a lot better.
- Elevating social condition
This is can only be achieved when many other things have been completed. The country needs to provide some degree of transparency to the people so that they will have a low rate of corruption. All kind of funds that is aimed to alleviate the economic situation must be handed to the people in need, and the small business has started to grow up. Up to this point, the society will have changed significantly, and the prosperity of the people will begin to rise tremendously. This is long-term goals that need to be started as soon as possible. Traxion itself will also work with the government and any related parties to combat injustices and poverties and thus creating a better environment for the whole society in the future. this is indeed a grand task and will only be accomplished once many societies and communities has been integrated within the system.
More details about Traxion:
For further information concerning the purpose of the platform, you may refer to the web pages below.
The Initial Coin Offering
Since this platform is a blockchain platform, therefore the platform does have the token or the cryptocurrency known as the traction token or TXN. The symbol now undergoes the ICO or the initial coin offering that is divided into three parts, which are the private sale, the, and the crowd sale. The private sale has been concluded with the cap around 10 million token and yields about 50% bonus. This is the most significant bonus yielded throughout the token sale in the traxion, and therefore for those who want to have the more substantial token by spending less money, the private sale is a way to go. But unfortunately, the private sale has been concluded as the platform is moving to the second phase of sales.
The second phase of sales is now occurring, which is called by the pre-ICO. The pre-ICO or the pre-sale is the sale that yields the bonus ranging from the 50% to 10% which decline per week by 10%. If you want to gain a more significant benefit, therefore you can join the private sale in the first week. But the pre-ICO is already ongoing and now entering the last week, where the transaction is almost reaching the cap, which is around 40 million TXN.
The last stage of sale is the crowd sale, where a massive amount of token will be available for sale, which is around 200 million token. Unfortunately, the date of the sale is not yet released, but we do know that the crowd sale will automatically start after the pre-ICO ends, which is somewhere around August. The total token that is available for the sale is around 250 million token, and the unsold token will be reserved for future sale. If one person wants to join the sale, they need to spend at least 0,50 ETH or about 500 TXN, and the maximum token that can be purchased is around 1 million TXN. The primary purpose of the token is to conduct the transaction within the platform and therefore enabling you to gain bonuses. The token can also be invested for a year, and then you can exchange it for the fiat currencies and gain the vestment bonuses.
For further information concerning the token sale, you can access the web pages below.
Posted by kurniawan05
Aug 12 2018
Solving Monetary Issues With Traxion
The monetary problem of the world seems endless and impending. We see a quarter of the world population thrives with so many indulge including the extensive banking system, easiness in the monetary transaction, and the abundance of the platform that support it. The rate of corruption, which is the primary disturbance in the flow of cash, is also low so that the financial health is excellent. But we see half of the world population are suffering since the banking system does not entirely cover the whole community, making the people relies on the conventional and high-risk kind of transaction. Therefore the operation is tedious and time-consuming, making the economic growth very slow, and the social changes stagnate. This kind of issue needs to be balanced out otherwise the situation won’t change at all. The location is also worsened due to the massive centralization of monetary market, making the majority of the people are having so many difficulties in having access to the portion of the money that circulates in the center, to put it just a loan.
A loan are supposed to become one of the tangible solutions to make encourage the economy of the people and thus creating a new job field and stimulating the growth of the economy, and further is decreasing the poverty and eventually end it. But ironically, since the poor people are not having some degree of access to the service of the banks, making them very hard and restricted in gaining some access to the loan, and therefore they are unable to change their situation. This is also worsened by the high rate of corruption that infests the local and central government making the aid of the government are not fully distributed among the needful and making the poor people are more prone to any financial crisis. The Southeast Asian nation and the eastern European nations are perhaps the best examples for such a crisis. These nations suffer several degrees of poverty while no obvious solution is to be seen.
The issue concerning the monetary situation can be summed up in several points, they are:
Corruption deals the most devastating damage to the whole economic situation since the crime can cut the money out of the people and make several aids are not distributed evenly. That makes the disaster more impending since the poor will be left behind and making the prosperity gap wider. The counter corruption task force in some countries such as Indonesia has been successfully diminishing the number of the corruption by arresting a large number of politician who conducted the corruption, but the number alone tells us that the case of corruption in Indonesia is far from over, and more people are still suffering and fighting for a living.
2. Adoption of technology
Many western countries such as the west of European and the USA were perhaps not seeing this as a vital issue of the people, but in the south-east Asian nations, this is indeed the major problems that hamper the progress and growth of the economy. The technology is the key to alleviate several issues such as the centralization of business and flow of cash, the transparency, the expansion of the market and so forth, but the lack of technological adoption in several areas are forcing the people to conduct their business and governmental affairs in the old fashioned way. That is sure renders the communication almost disabled and thus making it very ineffective and inefficient. The tech needs to be adopted to open up some new possibility and therefore to make the society can progress to a better way and situation since the tech often provides a new direction and perspective to see the problems ahead.
There are severe trust issues in the south-east Asian nations against the bank since the bank is said to be evil corporations that seek only profits and subjugate poor people. That sentiment is entirely political since it is not entirely accurate. Relying on the bank in several degrees is quite a good choice since the bank will make any transaction more comfortable and faster. The transaction that concerns the business owner could come in the supply and any things that are ultimately easier to be conducted via bank transfer since it is not very wise to carry million in the form of paper and strolling the street. The bank needs to be trusted since it is the only way people can have the smooth transaction and therefore igniting the economy of the people. The bank also provides safety and security for your capital, and it is the more perspective way of saving compared to the old fashion piggy bank that is quite popular centuries ago.
The whole issues actually can be summed up in this point, which is the paradigm. Be it, businessman or politician, the paradigm concerning the transparency in any transaction, or the usage of money is required to create a better situation for the whole nations. The people also need to have some degree of curiosity concerning the usage of the new tech to alleviate and changes how people do things. This is what is lacking in the third world countries, and therefore some platform is required to penetrate the market and changes It radically.
The radical changes can only be ignited by the third parties organization that encourages the changes to the society and the government. Fortunately, there is a new emerging platform that is prominent to address several issues above. Maybe not to solve all of them since it will take times, but to alleviate the situation so that the economy can grow and the prosperity can be better for the whole people.
To know more concerning the monetary issues of the world, you can access several links below.
Moving Towards the Future with Traxion
The world now undergoes some radical changes due to the introduction of new tech and utility that has not ever known before. The world of monetarily related businesses is growing more and more decentralized and thus making several new possibilities in the business realm. The transfer and relay of the information are instantaneously making the business can grow in multiple places and the lowest cost possible, and that is the blockchain. The blockchain is the series of links, as the name suggests, of the system that connects one platform after another, making it very decentralized and directs. The blockchain system is heavily used nowadays in the forms of various cryptocurrency platforms. The crypto platform is growing intensely nowadays since the tech of the blockchain is getting stronger each day, and through the blockchain, traction is born.
Unlike the other crypto platform that seeks to disrupt one particular business field such as the domination of Getty images in the world of photography, the domination of the country in the world of research and paper publishing and so forth, the traction is different. It seeks to disrupt the whole monetary realms, from its core, from the transaction, the form, and up to the currency. This is a serious business indeed, and therefore involving so many experts on this particular fields to support the creation of traction. Traxion now is filled with so many experts in the financial sectors department, to the crypto experts that will provide a stable platform for the people to rely upon. As general, there are several purposes of traction.
1. Encompassing all kind of transaction
In the world of economy, transaction act like a blood vein, and thus the faster it is, the better. But unfortunately, the speeds of the transaction nowadays are insufficient due to the complexity of the laws that have been imposed by the government, and the infrastructure that supports the transaction merely is lacking. There are a lot of grounds to cover by the platform, but the simplest way is to introduce the platform to the business owner, and start to integrate the communities so that the transaction, be It the fiat or cryptocurrencies are accepted and thus accelerating the transaction and opening up new possibilities. The platform seeks to introduce this service to the massive amount of small business owner so that they are integrated to the services and makes them easier to grow their business.
2. Cutting the cost of the transaction
The transaction that is occurred in many south-east Asian nations has the staggering amount of cost that is genuinely limiting the ability of the small business owner to conduct the proper and fast transaction and thus hampering the progress of the economy. This is due to the improper banking policies that are imposed and therefore need to be resolved as fast as they can. The cost of the transaction, using the traction will be severely cut since the platform will optimize the blockchain ecosystem to conduct such a transaction. As the fields have already proved that the transaction cost can be significantly reduced using the blockchain, so this platform convinced that the transaction cost can be reduced.
3. Accelerating flow of cash
The flow of cash, which is once again is in the domain of the transaction are very important in the realm of economy, as the speed is everything if we are already taking the business. The rate of the transaction can be significantly faster using this platform since the platform will connect several businesses and the market so that they can conduct the trade faster. A lot of platforms has been successfully cut the length of the transaction by providing the necessary means to increase the speed of the transaction, and this platform will do more since the market of the platform is wider.
4. Bridging the crypto and fiat currencies
This is the most demanding work that is faced by the platform since the platform has laid out the most ambitious crossover between the fiat and cryptocurrencies. No banks or even the platform has even tried to cross the line and thus making this platform the first one to attempt the integration between the fiat and the cryptocurrencies. The platform will allow the fiat and the crypto to be used In all form of transaction, to all forms of business, anywhere in the world.
For further information concerning the platform goals, you can check the website below.
The Token Sale of The Platform
And just like any other crypto platform, this one too has the token that they sell. There two types of the sale that is now ongoing within the platform, which is the pre-sales and the crowd sales.
Pre-sales still occurs, but unfortunately, they did not announce the end of the pre-sale just yet. What we do know is the cap is almost reached, which is 40 million Traxion token. The pre-sale will have the consecutive 40% to 10% bonuses that will decline 10% per week.
2. Crowd sale
As for the crowd sale, there will be up to 6 weeks sale period and will have about 200 million Traxion token available for the sale. The crowd sale will have no bonuses. For the crowd sale, the base value for the token is around 0.0007 ETH per token.
As for the total token that is ready to be distributed for sale is around 250 million Traxion token, equivalents to 45 million dollars. And for the people who want to join the sale, they need to spend at least 0.50 ETH or about 500 TXN token. The token mostly will be used to conduct the internal transaction that exists in the platform, or conducting the transaction outside the platform, or invest it for future use.
This prominent platform is quite active In building several cooperation with many platforms such as Reddit, seacoop, IBM, etc. to fulfill their promise which is to integrate the whole financial world, be it the fiat and the crypto alike, so that the people will be more comfortable to conduct the transaction with their money, no matter how far it is. The scope of the platform need to cover as wide as they can so that the people can enjoy the services of traxion, no matter what services or products that they want to purchase.
For the token sale, you can refer to the links below.
Posted by kurniawan05
By admin • Blockchain Technology • Tags: business owner, Indonesia, information, market, money, poverty, service, small business, technology, Traxion