Traxia Membership Token (TMT**) had a good 24 hours as the crypto jumped $0. or 3.24% trading at $0.005376107. According to Cryptocoin Analysts, Traxia Membership Token (TMT**) eyes $0.0059137177 target on the road to $0.0149028445424998. TMT** last traded at Kucoin exchange. It had high of $0.005376107 and low of $0.004786252 for April 6-7. The open was $0.005207577.

Traxia Membership Token (TMT**) is up 0.00% in the last 30 days from $0.00 (non existent) per coin. Its up 0.00% in the last 100 days since when traded at $0.00 (non existent) and the annual trend is down. 200 days ago TMT** traded at $0.009455. TMT** has 1000.00M coins mined giving it $5.38 million market cap. Traxia Membership Token maximum coins available are 1000.00 million. TMT** uses algorithm and proof type. It was started on 25/02/2018.

Traxia is a B2B 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. TMT is an ERC20 utility token that serves as a currency on the Traxia platform.

How does it actually work?

1) A Small Medium Enterprise (SME) creates a profile and Uploads their invoices with a large multinational company (MNC) to the platform.

2) The MNC verifies the invoice and if in agreement with the terms, accepts the debt by using their private key.

3) We create a digital asset (smart-contract) out of that invoice – this debt security can now be traded.

4) Institutional investors make an offer to buy this debt security at a discount

5) The Investor who bids the lowest discount acquires the debt security token by paying the SME in a Fiat currency.

6) The Investor now owns the security. He can also trade it on a secondary market.

7) On the due date, the MNC pays the investor or the current holder of the debt security back in fiat currency.