Traxia

Wong linglong3

Traxia

USING BLOCKCHAIN TO DISRUPT TRADE FINANCE

This document is for informational purposes only and is not an offer

or solicitation to sell shares or securities. Such offers or solicitions will only be made

by means of a secret bid memorandum and in accordance with the requirements

all applicable securities and other laws.

All $ values are US dollars unless otherwise noted.

ABSTRACT

There are more than $ 43 trillion of invoices in the company's balance sheet waiting to be paid. This lack of liquidity can harm the short-term cash flow of sellers, especially for small and medium enterprises (SMEs). The Traxia ecosystem allows the short-term assets to be digitized, tokenized and ultimately tradable in a decentralized market.

Traxia envisions a system where Sellers upload their invoice, Buyers approve it

with their private keys, Issuing Providers write it into a smart contract, Liquidity Providers

distribute cash liquidity, listing providers manage the marketplace and Investors trade

the newly created digital assets. Think of it as factoring on a blockchain.

We have built a real use case using Liqease Ltd as our List provider, Porsche as

the Buyer, mediaman and Vok Damns as the Seller and a corporate investor as the

Liquidity Provider. Although, the Ethereum blockchain has been used in this first case to

issue the smart contract, Traxia intends to build upon the Cardano blockchain.

THE PROBLEM

$43 trillion USD in accounts receivable at any given day

Banks only finance 7% of these short-term assets

Banks continue to argue liquidity problems to not finance SMEs

Small and medium-sized enterprises are stuck to negotiate with local banks

Trade Finance operations are expensive, bureaucratic and time-consuming

Banks rely on redundant paper trails and slow, non-transparent and centralized credit decision

THE SOLUTION

A decentralized global trade finance ecosystem

By using Blockchain we can offer fast, transparent and low-cost transactions

Invoices are converted into smart contracts and traded as short-term assets

SMEs are not dependent on their local bank to discount their invoices anymore

Sellers and Buyers continue to receive and pay in Fiat.

The only blockchain related effort is to input a private key

Our platform is robust in the inside but quite simple in the outside.

A seamless UX experience for SMEs

WHAT'S IN IT FOR YOU?

In our ecosystem Sellers upload their invoice, Buyers approve it with their private key, Issuing Providers convert it into a smart contract, Liquidity Providers assure the liquidity, Listing Providers manage the marketplace and Investors trade the newly created digital assets.

WHAT IS TMT TOKEN?

Traxia Membership Token (TMT) is the utility token issued by Traxia Foundation (Swiss law) that gives access to our ecosystem.

Each time an Issuing Provider adds a new invoice to the system, TMT has to be purchased at an exchange to settle access fees.

Ken Kodama EMURGO's CEO

"We see Liqease as a promising application of blockchain technology for the Cardano blockchain. Its focus on unlocking cashflow constraints for SMEs solves a known pain point for a huge market. We are excited to support the team as they build one of the first FinTech applications for Cardano"

TECHNOLOGY FROM CARDANO

Among the first implementations of Cardano technology

Emurgo will use Traxia's migration from Ethereum to Cardano's blockchain as a use-case to show other projects how it is done

Cardano invested in Traxia's ecosystem through its investment arm Emurgo

Emurgo (Cardano hub) invests in companies that have revolutionary blockchain projects in the areas of supply chain, trade finance, banking, notorization and others

Cardano's superior technology will allow Traxia to present a more robust solution to better tackle scalability, settlement and security

We plan to be fully integrated with Cardano in 4Q 2018, when Cardano's Goguen goes live

INVESTORS EMURGO

Emurgo incubates commercial ventures and help integrate these businesses into Cardano’s decentralized blockchain ecosystem

SOSV THE ACCLERATOR VC

World-renowned accelerator fund with $300M assets under management, 600+ companies on portfolio, 620+ mentors and >30% IRR

DEVELOPMENT TEAM

The LiqEase core team holds deep expertise in launching and executing digital projects successfully for large corporations or independently. The team gathers a variety of knowledge in various disciplines such as digital platforms, fintech, FMCG, supply chain management, software engineering and others.

Click here to view more on the team.

ADVISORS

Darren Camas

Senior Advisor at Emurgo

FinTech entrepreneur and consultant with more than 6 years in blockchain technology. Former founder of Bitnexo. In the blockchain and crypto space since 2011