For more than a decade, digital and cryptocurrencies have been leading the way in re-imagining how financial transactions occur, how they are validated; and how settlement and clearing are processed. These major innovations were built via blockchain technology and decentralized consensus protocols as the underlying systems that make the maintenance and security of a decentralized ledger feasible.
As a result, businesses across various industries – from pharmaceutical and logistics companies to humanitarian organizations – are tapping into the power of blockchain. Cryptographic blockchain technology can also be implemented as a tool to sign sensitive information digitally, decentralize trust, manage escrow services, build smart contracts, tokenize assets, and more.
The application of blockchain technology is comparable to the advent of the Internet in the 1990s, which disrupted the economic paradigm in ways that are now an afterthought in most societies around the globe.
To a similar end, blockchain has opened doors of possibility in reinventing the mechanics of money, and has the potential to make traditional roles of entities, such as private banks, obsolete. Financial intermediaries can charge high fees for basic services, where much of the financial custodianship work can be automated and achieved at less cost through the use of cryptocurrencies.
AXIA, a paradigm-shifting digital currency backed by global assets – including real estate, precious metals, and more – uses this backdrop to establish a “diversified portfolio approach” to backing and settlement within a more inclusive monetary paradigm.
Bitcoin is commonly considered the first major disruptive cryptocurrency, but in the intervening years since it launched in 2009, AXIA has emerged with a more advanced offering for users.
AXIA was designed to ensure transactions are completed efficiently, safely, and securely. AXIA can be used for daily transactions, creating the potential to disrupt how users conduct business.
AXIA coins can be used outright or through payment cards that enable holders to shop, exchange, and make payments in any part of the world, easing the friction of doing business internationally. Where fiat currencies are accepted globally as a means of exchange for goods and services, AXIA is built to perform a host of other functions in addition to its use as a medium of exchange.
AXIA is also positioned to be the perfect store of value because it is less vulnerable to market manipulation, allowing users to protect their money by storing value in AXIA digital tokens.
AXIA is built to deliver value to everyone, and not just financial value, but through the variety of services and rewards. These are available in the AXIA ecosystem of tools and services, including the wallet, communication suite, free cold storage and the removal of associated transaction fees related to ‘gas’ -- in other words, the associated network costs that are typically borne by users.
In all, AXIA links a decentralized blockchain token to a diversified basket of publicly-acquired and real-time-reported assets, delivering unprecedented value to people around the world.