[NEW] [ICO] AXenS
Let's go to continue this blog with another project. First of all, for who missed previous entries, what's a crypto money? To be fast and concise, it is a digital medium of exchange. And the next question would be... What's your use? It is also easy to guarantee the security, integrity and balance of your financial statements by means of a network of agents (segmented file transfer or multisource file transfer) that verify (untrust) each other called miners, which are, for the most part, general public and actively protect the network (the web) by maintaining a high rate of algorithm processing, in order to have the opportunity to receive a small tip, which is distributed randomly.
Today there are thousands of coins on the market, already in operation, such as Bitcoin, Ethereum, Ripple, etc., but there are many thousands more that are about to leave. The former are called cryptocurrencies and can be purchased on many websites such as Coinbase, Localbitcoins, Kraken, etc. The others are the so-called ICO's (Initial Coin Offering), which can be obtained with significant discounts and price runs through small contracts and transfers through Ethereum. But there exist others those that have just been born, which are not even in the ICO phase, which launches campaigns to attract the public attention, these are the Airdrops. With this, we can get thousands of coins for free. I emphasize these because it's a way to win crypto coins even if the market is as it is. In this way, you never lose money.
However, not all of them are worth it. We have to read well what each project is dedicated to, what is its whitepaper, its qualified advisors, etc. As we all know, blockchain technology has gained popularity due to the hype about cryptocurrencies which has shaken many startups to launch their own cryptocurrencies even without convincing fundamentals. This trend has emerged because new entrants have been agiler in adopting emerging technologies compared to incumbents who are hampered by legacy systems. However, this competitiveness and this advantage enjoyed by the new players may be short-lived, as no economies of scale are taken into account. For this reason, that is why I choose the best of them through an exhaustive study of the main characteristics. After this brief introduction to the broad topic of Blockchain and Smart Contracts, we can already see that this technology opens many doors to new decentralized businesses and eliminates the need for expensive third parties. Many new companies are now working on this technology, and large companies are testing it in closed networks to collaborate directly with each other without the need for intermediaries. For that reason, there is a lot of projects that are starting to use this new technology. However, not all of them are worth it. We have to read well what each project is dedicated to, what is its whitepaper, its qualified advisors, etc.
As I said, blockchain technology has gained popularity due to the hype about cryptocurrencies which has shaken many startups to launch their own cryptocurrencies even without convincing fundamentals. This trend has emerged because new entrants have been agiler in adopting emerging technologies compared to incumbents who are hampered by legacy systems.
For Small and Medium Enterprises (SMEs) in emerging countries (which represent the majority of employment and production), it is the daily challenge they have to overcome. SMEs need more fluid and quick access to short-term financing to grow and develop their ability to invest working capital (CAPEX) and innovate, with the support of a wider range of financial backers and financial vehicles tailored to their needs. On the other hand, liquidity providers must deploy capital through a much safer and more efficient framework that allows them to adapt their risk profile to credit and counterparty risks. For this reason, I want to introduce AXenS, a safe and mature digital market that provides liquidity and efficiency to the import and export supply chain.
Basically, AxenS (AXS) (http://www.axens.io/) is a platform based on BlockChain that provides a forward-thinking market for small and medium-sized enterprises (SMEs) to access flexible and customized commercial financing, associating the credit evaluation process with a secure supply chain management process and traceable. Liquidity will not only be provided through the direct provision of tokenized credit (AXS tokens), but also through the functionalities of the syndication platform, the secondary loan market and the dynamic management of guarantees.
The platform works with enterprise-class blockchain technology and a leading enterprise software package to support global business activities. This allows logistics and supply chain services, financial and insurance services, government agencies and customs authorities to interoperate and collaborate as safely as possible, in the most widely available and scalable network.
The technology used by AXenS is the so-called Xnotes, an award-winning open source decentralized transaction system that implements an innovative, energy-efficient, business-driven, energy-agnostic, block-chain approach to the blockchain that enables the Organizations and companies of all sizes and industries issue, disseminate and manage their own digital assets safely, easily and profitably, such as currencies, securities, loyalty points, miles, property deeds, agreements, raw materials, etc.
Xnotes brings Blockchain technology to business-level applications with business-processing logic based on configurable workflows for smarter "smart contracts". Xnotes has been designed as a distributed system of multiple highly scalable accounting books with an integrated system of trust management and permits. This technology encompasses a set of network components, cryptography and software that enable the development of enterprise-class applications and mobile applications protected by techniques of blocking and management of digital identity, trust and reputation.
The Xnotes Technology is structured in 3 parts:
Digital Asset Trusted Issuance System (DATIS) Decentralized Transaction Processing Network (DTPN) Data Distributed Orchestration Engine(DDOE) Enables full control of the supply of any sort of assets Enables asset interoperability with distributed and permissioned blockchain-based multiple ledgers Enables the creation of workflow-based Self- Executable Agreements, which brings the concept of “smart contract” to an unprecedented level of standardization and security.
The most important features presented by the platform are described in the following list:
Image Feature Description Access Connectivity between all the nodes of the financial and supply chain. Speed Instant liquidation on demand. Transparency Real-time traceability and immutability of the supply chain process. Cost Low operative and transactional costs. Loan Accessible, with radio and profitable. Secondary loan market Liquidity provider. Syndication Reduction of credit and operations risks. Collateral Effective and dynamic management.
AXenS is introducing AXS, a cryptography that will circulate among the interested parties as the main underlying means of exchange for the financing of commercial agreements and services, and which will be published on the basis of the Stellar platform.
The objective of AXenS is to provide the international trade finance ecosystem with greater currency stability and non-aggressive volatility in transactions in various currencies. AXS will become the common medium for peer exchanges and commercial services. AXS will not only solve the problem of profitability by being operated in the block chain, but also increase the overall speed of exchanges since, as a store of value, it can be controlled in a secure manner by the business logic of the Agreement. Self-execution / Intelligent Contract that is executed in a transparent, systematic and consensual way in the chain of blocks without human intervention.
One of the main advantages of AXenS is the systemic ability to secure peer financing agreements over time and execute transfers and instant sanctions. This is only possible if you trust that the network secured by a blocking chain controls the processing of the funds. AXS will also make it possible to tokenize credits, which will allow more financial trading opportunities.
Token: AXS Platform: STELLAR Type: STELLAR Price in ICO: 1 AXS = 0.50 USD Tokens for sale: 65,000,000
The project gives the opportunity to earn AxenS (AXS) tokens performing some social media tasks and doing simple steps from the bounty program explained into the Bitcointalk Webpage. Here (https://bitcointalk.org/index.php?topic=3063527) you can access the link in order to see what are the conditions to become an early AXS contributor and start acquiring tokens.
Doesn't that sound interesting? If you are interested in this airdrop or basically in the ICO, you can read their Whitepaper here (https://www.axens.io/downloads/AXenS_Whitepaper.pdf). You can also stay tuned in their official Telegram group (http://t.me/axens_io). I hope you liked the post and soon I'll send you new ones.
n# Event 1 Technical Development of the Platform for 2018" 2 Web-based UI/UX 3 Lender-side Portal + Borrower-side Portal 4 Loan Syndication 5 Secondary Market 6 Permissioned Data / Document repository Setup (trusted distributed storage + proof-of-existence over Xnotes blockchain) 7 Identity Management + KYC 8 Progressive implementation of the required Supply Chain Digitization processes 9 Loan Self-Executable Agreement / Smart Contract development (Xnotes-based) 10 Configuration of SAP Global Trade Services to support AXenS Trade Service 11 Development of market-making capabilities (for opportunity portal, loan syndication and secondary market) 12 Developer API to allow third-party apps to interact with AXenS network 13 SAP-certified backend configuration to comply with financial and logistic regulations
Business Development for AXenS for 2018:
- Ongoing listing of AXS tokens in the largest exchanges
- Ongoing onboarding of lenders, borrowers and other services providers
- Onboarding of the different service providers continues
- Rollout of the new functions (e.g. crowd funding) and trade services
- Building of custodial and other banking relationships with financial institutions
- Move into areas other than SMEs - this would already have been done opportunistically
- Securitization of Loans to be sold to third parties freeing up liquidity
- Over time, parley AXS into the main medium to tokenize global trade credit, and have it accepted by all parties.
Telegram username: @clauming
Bitcointalk username: adriaparcerisas
Bitcointalk profile link: https://bitcointalk.org/index.php?action=profile;u=1870482
Ethereum address: 0xC6AB45541006D53D31E25b41c7d245c5Ad99BF71
Stellar address: GCI54YPNEUVASRRLOUHL5IQMYLQL2KOM5KA25BWGWOB3ZVL2Z7MDSLDK