HONG KONG — 13 June 2018 — Gatecoin has listed Traxia(TMT) on our exchange. You can now trade TMT with BTC and ETH.
What is Traxia?
Recent research has shown that more than 43 Trillion USD is currently outstanding, as either accounts receivable (AR) or accounts payable (AP) on the books of businesses around the world, on any given day of the year. On a more granular level, there is a gap in global trade finance of around $1.6 trillion, most arising from Asian companies. Moreover small and medium enterprises (SMEs) continue to find it increasingly difficult to operate due to the lack of trade-related credit, with limited funding and liquidity options these firms are finding it increasingly difficult to finance their production cycle.
For far too long financial products have been disproportionately positioned towards multinationals and large corporations, leading to gaps in trade finance coverage. To eliminate the gap in global trade finance, Traxia is developing an open and decentralized financial ecosystem which will significantly improve trade finance for SMEs across the world. In this financial ecosystem, corporates will be able to upload and approve invoices, both AR and AP with private cryptocurrency keys, and transformed into smart contracts. Payment and receipts will be triggered in real-time as the goods move through the supply chain.
Traxia will benefit the global trade finance ;
Trust and transparency
Securitization and Standardization
Access to capital markets through decentralization
What are Traxia (TMT) Tokens?
Traxia Membership Token (TMT), is the native token of the Traxia ecosystem and it will be used to access the Traxia ecosystem through issuing and listing services. Therefore, the membership fee of the Traxia ecosystem settling in TMT. TMT will also be used to remunerate and incentivize the participants and technology providers within the ecosystem.
Core developing team behind Traxia
Tobias Pfütze — co-Founder & CEO — Tobias Pfütze — co-Founder & CEO — Tobias Pfütze studied Business Administration in Germany and China (Tuebingen University, Peking University, and Tongji University) and soon after he graduated he started his first FinTech company in the field of mobile payments.
Florian Zeim — co-Founder & Product Development — Florian has a Masters degree in management. For the last ten years, he has been building Mediaman, a digital product experience agency with offices in China, Germany, and the US. As a managing director of this agency, he was able to gain and grow big accounts like Mercedes-Benz, Porche, AB InBev and Shanghai Stock Exchange.
Jean Michel Lied Lied — CTO — Jean-Michel is an enthusiastic tech-entrepreneur who loves to use new technologies and approaches to solve modern problems our world faces. He worked on multiple innovative IT projects such as a blood stock management platform for hospitals at InnovHealth, Big data mobile app at Accor and IoT (Internet of Things) moneybox at Yellow Innovation at YBC Agency.
Bruno Botelho — CMO — Bruno started his international career in a publicly listed industrial group where he held the positions of financial controller, finance director, and supply chain director. He founded and managed the APAC office of Sales Engine Online which gave him experience in performance advertising and user acquisition campaigns. Being a blockchain and crypto enthusiast, he co-founded in 2017 The Blockchain Marketing Agency where he served as the digital strategist.
For any questions regarding this update, please refer to our FAQ page.
Thank you for using our service,
The Gatecoin Team
Risk Disclaimer Trading blockchain assets such as bitcoin carries a high level of risk, and may not be suitable for all investors. Before deciding to trade blockchain assets you should carefully consider your investment objectives, level of experience, and risk appetite. You should be aware of all the risks associated with the trading of digital assets, and seek advice from a licensed financial advisor if you have any specific concerns.