# Introduction
Trading and finance business is a complex one as we all can agree. Too many numbers to remember, too many steps to follow and hence a lot of investors and traders have difficulties in this business mostly. SME's are then one which gets affected mostly and in current market they starve to get the funds. Basically they are not able to negotiate with the banks and gets stuck with rules and regulations. Banks also rely upon redundant paper trails and slow non centralized credit decisions.
What is the solution then? A solution is needed which can allow these SME to work properly without any complexities.
Traxia is a Business to business trade finance platform that allows SMEs to access short-term funding by using their accounts receivables as collateral. Institutional investors can buy and trade this newly created tokenized debt securities on a global market. In this Ecosystem Seller uploads the invoice, the Buyer undertakes the smart contract, the Liquidity Provider ensures liquidity, the Investor redeems the newly created digital assets. Token Membership Trauma (TMT) is a utility token issued by the Traxia Foundation (Swiss law) that provides access to our ecosystem.
Each time the Publisher Provider adds a new invoice to the system, TMT must be purchased by way of exchange to complete the access fee.
**Problems with traditional Finance System**
- The absence of trust and cooperation between banks the continuous decline in correspondent banking relationships
- Limitations of transparency due to the lack of reliable data points throughout the trade financing value chain In periods formed by lack of trust and transparency, trade finance actors.
- Limited Cash Liquidity in the market and higher spreads the big banks have reported some incidents that lack access to competitive funding has cost them a lot financial trading operations.
- Bureaucracy and endless documents digitalization in trade finance are far from mainstream.
- Many local retail banks, which are often the primary and sole providers of SME financing, have lost their appetite for taking high-risk SME loans.
**Solutions offered by Traxia**
- Trust and transparency
- Securitization & Standardization
- Access to capital market
- Smart contract
**How does it work?**
The Traxia ecosystem allows those short-term assets to be digitized, tokenized and ultimately to be 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 provided manage the marketplace and Investors trade the newly created digital assets. Think of it as factoring on a blockchain.
**ICO details**
Tokens are allocated mainly to
- First token sale – 40%
- Second token sale – 20%
- Team – 20%
- Treasury – 10%
- Bounty – 5%
- Advisors – 5%
**Conclusion**
As the world is advancing in the field of trade and finance while SME's are struggling in this industry, Traxia will help these Enterprises to grow in this industry without any complexities as such. It is the first project invested by Cardano (through Emurgo investment arm) - Targets a global $43 trillion market.
The team has built a real use case using Liqease Ltd as our Listing provider, Porsche as the Buyer, media man 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. Traxia and LiqEase are the first investment of Cardano through their investment arm Emurgo. Team's vision is to build a platform for providing help and making trade and finance industry a better one by giving simple solution and less interaction with banks making the process easier and effective. The team is dedicated to removing disrupt sale and is doing so effectively and promises to do the same in ahead future.
**Website** - [https://www.traxia.co/](https://www.traxia.co/)
**Whitepaper** - [https://docs.wixstatic.com/ugd/baba69\_30f719c55f344ab7ae44715a4d287811.pdf](https://docs.wixstatic.com/ugd/baba69_30f719c55f344ab7ae44715a4d287811.pdf)
**ANN** - [https://bitcointalk.org/index.php?topic=3019695.0](https://bitcointalk.org/index.php?topic=3019695.0)
**Telegram** - [https://t.me/traxiafoundation](https://t.me/traxiafoundation)
**Published by** - Etheran
**Profile** - [https://bitcointalk.org/index.php?action=profile;u=1108165](https://bitcointalk.org/index.php?action=profile;u=1108165)
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