Axia announces official launch of inclusive financial ecosystem
By Pavithra R
AXIA Coin, an asset-supported global currency, has announced the projects official launch after years of development. It uses blockchain and smart contract technology to radically change the relationship with money.
AXIA Coin is an asset-supported global currency that removes barriers to entry, allowing anyone to participate regardless of geography or socio-economic standing. It is a distributed application built on a public blockchain network that interacts with the AXIA Reserve Blockchain. Its inclusive financial network and digital currency not only acts as a store of value, but can deliver ongoing value to its community members.
The AXIA Project has established a monetary framework and technological ecosystem that empowers participants to be their own creators of value through decentralized activity. It will include more than a dozen applications and connected platforms that are designed to deliver constant value to users in a wide variety of ways.
“AXIA utilizes smart contract enabled network logic to move the industry forward in an attempt to bring decentralization and monetary transparency to bear in the ‘trustless’ world of digital currency. Doing so will seed the development of various new economic models built into its digital asset ecosystem to address the monetary and economic shortcomings of other digital token projects. We look forward to expanding its application to deliver value to people across the globe,” said AXIA Founder Nick Agar.
Axia Project’s innovative model allows for users to receive value even if the activity within the ecosystem is completely unrelated to themselves. Furthermore, when users simply take advantage of one or more of the special services offered by AXIA they can create value for others simultaneously. This built-in mechanism differentiates AXIA Coin from other speculative assets in the blockchain space and lets it stand out as a safe haven.
“The applications, use cases, businesses and organizations that are connected within the AXIA Ecosystem are in place to deliver significant value to AXIA community members through decentralized activity and to provide positive social impact for people around the world,” said AXIA Co-founder Paul Ungerman.
IBSi Daily News Analysis
IBSi FinTech Journal
- Most trusted FinTech journal since 1991
- Digital monthly issue
- 60+ pages of research, analysis, interviews, opinions, and rankings
- Global coverage