TraXion - one more project of uniform payment

    Cryptocurrency and crypto world at us they associate with secrecy and anonymity. To tell the truth, even if some project requires identification of passport data, then this project pushes away from me. The world of сryptocurrency is young and to distribute to all successively the data to me not so it would be desirable. Today this campaign receives a high rating on evaluation site, and tomorrow we read those founders disappeared and investors' money nobody is going to return. Where my passport data will later be used, I would not like to think.

    And here still doubtful perspective. Project enabling to lead money transactions. How much such? One? two?   No, their already tens. And each with one's warranty and “the strong command ”. What is offered? The same. In one of my articles, I wrote that sooner or later this niche should be taken by someone. It is inevitable. The technology blockchain it allows. Smaller commissions, as compared with bank translations, quick transactions, anonymity.

    And lo and behold, appears before the eyes project TraXion. And what they say us? We will take your given and any participant of the network will be able to trace your translations. What?! You with mind went down? You are bringing to naught one of bargaining chips of the cryptocurrencies!

    I read a white paper of project. Let's be honest, nothing new I did not see. I looked up their articles about the project on Medium. Well, we will say so, and here I did not see a specific clarity. All, as always, and as everywhere. I couldn't stop thinking about one question: why they should be granted data to the common review moreover and present that as the characteristic line?

    I started to think. And suddenly, dawned me. In fact, in the business world, there is no anonymity. In our daily life, there is no anonymity. All transactions can be traced. And it is done simply...inside the banks. We take it for granted. Somebody inside the bank can check all information of the movement of your means on the account. To conduct an evaluation of you, as a solvent or insolvent customer and draw conclusions from this. An ordinary bank customer is not insured by fraud, because cannot check the data of the second party. TraXion grants exactly it. It is their trump.

    Now each participant of the network can trace remittance, and draw the conclusion, whether is it necessary to trust the second party. It, at least, should lower the chances of fraud and corrupt practice. And ideally, completely eliminate.

    And unimportantly, you a student or business owner, of opportunity for you are identical and transparent.

    Add to all this already functioning decisions of the company, their partners, decision on the basis IBM and interaction with Mastercard, and I am sure that you will revise your opinion for the occasion of “one more project of uniform payment”.

                                                               Yours faithfully, O'nelf (Uesly_Future)