GLOBAL PAYMENT NETWORK AND RECORD KEEPING BLOCKCHAIN PROTOCOL
TECHNICAL DESIGN OVERVIEW
THE PROTOCOL is made up several components: TRAXALT TOKEN | TRAXALT LEDGER TRAXALT PROTOCOL is built on top of the STELLAR blockchain, one of the most widely-used blockchain platforms at this time. Benefits to Traxalt’s protocol users utilizing the STELLAR blockchain include:
- Low operational costs
- Speed in settlement
- Reduction of risk
- Transparency
- Auditability
- Immutability
- Enterprise scalability
Businesses like to keep their operational costs low, but more importantly, they expect and rely upon predictability. Thus, enterprise blockchain application, TRAXALT PROTOCOL is run on a platform with predictable and stable transaction fees. TRAXALT PROTOCOL will operate with small and predictable fees, where necessary, to fund operations and prevent spam to the network. While private chains may be able to scale at a faster rate, they are unable to give trust and transparency where needed. TRAXALT provides a public chain solution that makes it easy to share information hashed to the blockchain with the public or with authorized participants as the particular enterprise sees fit.
TRAXALT PROTOCOLS
The TRAXALT Platform includes a series of protocols that define standards for hashing data to the public blockchain, and reporting and analyzing such data
TRAXALT TOKEN
Traxalt Token ( ) is a digital currency and application token which operates the TRAXALT PROTOCOL.
TXT is created as a token intended for use as a standardized global universal currency on the STELLAR blockchain.
TXT will allow for payments for use of TRAXALT Network and TRAXALT Ledger
TXT will also be used to secure the network from spam and malicious behavior
TXT will be required as Registration Fees for verified entities using TRAXALT Protocol and TRAXALT Ledger, and for fees for utilizing TRAXALT unique data hashing protocol as well as the analytics tools of TRAXALT Ledger
Traxalt tokens may also be used to incentivize participants in the Traxalt platform ecosystem. Traxalt Tokens may be used to reward users, developers, and other participants to perform actions and services that benefit the entire ecosystem.
Note : I just Create This Thread ,I am not a team member
