Introduction Traxia is a blockchain solution for trade finance. Currently built on the Ethereum blockchain, there are plans in place to move Traxia to the Cardano blockchain. It defines itself as the solution to the inefficiencies of current financial and banking institutions. Those inefficiencies include the lack of trust between banks, limited transparency, limited cash liquidity, and lots of paperwork required. Described as a decentralized global trade finance ecosystem, the Traxia platform will allow consumers and businesses to exchange invoices as short-term assets. These assets can act as collateral to provide finance, liquidity, and backing for their specified projects. Fundamentals The concept is to allow consumers and providers a more effective platform to facilitate trade agreements. The process proposed by the team will progress as such: 1. Seller uploads an invoice.2. Buyer approves it with their private key.3. Issuing Provider writes the agreement into a smart contract.4. Liquidity Provider distributes cash liquidity.5. Listing Provider will manage the marketplace.6. Investors can trade the newly created digital asset. Traxia is meant toContinue reading »

CryptoSyndicate’s Premium Report in March covered Genesis and its platform. Since then, the project has progressed. For a quick re-cap on project fundamentals, below is an excerpt from our original report: Introduction Genesis Vision is a blockchain platform for the private trust management market. It will provide a reputable and decentralized network for exchanges, brokers, traders, and investors. Users will be able to deposit money and have certified professionals manage their finances with total transparency on the blockchain ledger. Traditional fiduciary management systems currently offer little to no transparency  and comparatively little statistical data to confirm or verify performance reliably. Genesis has already attempted to tackle the issue with an existing centralized software tool designed for brokers that has been adopted by more than 80 companies. However, with the emergence of blockchain technology, the team is aiming to progress and create a decentralized version of their existing software. Fundamentals By providing a trading management platform based on Ethereum, Genesis aims to offer a more transparent, reliable, and secured decentralized tradingContinue reading »

The current energy industry is rapidly evolving. Centralized power authorities were responsible for creating the connections to consumers, deciding where and when to build a generating capacity and how to bridge the distance between generators and loads. This gave them major leverage to influence the cost of energy consumption. But as markets around distributed energy resources like solar panels, batteries, microgrids, and embedded networks grow, the adoption of these sustainable, energy-generating technologies will shift the power balance from the central authorities to the consumers. With the introduction of distributed energy resources, or DERs for short, the current energy distribution system is being defined by bi-directional flows of energy by millions of active prosumers. Individuals who utilize DERs are able to generate their own energy, regulate power consumption, even trade, export and provide excess energy. A network of linked prosumers would create a more reliable energy ecosystem than the current traditional network. Solar panels: A prime example of renewable energy source. In order to fully utilize the available modern technologies andContinue reading »