Traxia Launches ICO On Cardano, Dubbed ‘Japan’s Ethereum’

Switzerland trade finance nonprofit Traxia initiated its token sale on Cardano, which is dubbed the «Japanese Ethereum.» Cardano claims to be the most advanced blockchain platform. Traxia aims to convert unpaid invoices into smart contracts that can be traded for short-term assets, providing global small business traders with financing to continue business while they wait for invoices to be paid. Transactions on the Traxia platform are conducted via fiat currencies not cryptocurrencies. Its ICO will run until April 9.

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