Traxia Development Roadmap

The V1 beta was released in March 2018.

In regards to the product’s architecture there are three moving parts working together in V1.

The first part focuses on building the project’s core around its content management system, Liqease.com.

This content management system (CMS) Liqease.com, has already been developed “using robust technologies such as (PHP, Typescript, Angular). The CMS has a monolith architecture API (PHP) and uses Angular 4/Typescript as client.”

Secondly, Traxia will roll out a marketplace for professional investors to trade digital assets that have been “collateralized by invoices and other relevant contracts in relation to such a trade.“

The marketplace currently runs on an open source project called Proofsuite. The Traxia team is in close contact with Proofsuite’s CTO (Tai Kersten) and their development team as well. Also, Traxia is working with a number of other open source projects (such as Lykke) to make the operation of their digital asset marketplace a reality.

The third part introduces Traxia Membership Tokens (TMT) into the equation. The entire ecosystem will be powered by TMT, which “remunerates and incentivizes the participants and technology providers within the ecosystem.”

Traxia has taken their most recent client feedback into account and tailored their approach, displaying the “necessary flexibility” within the product roadmap. This readjustment has the company focusing on making the platform and process as intuitive as possible for their users.

Along with improvements to the user experience, Traxia will also build the next iteration of their CMS by using “a microservice API architecture (NodeJS/Typescript/GraphQL) that will be responsible to organise the different services and clients. Our platform clients will be web client (ReactJS/Typescript/Redux) and mobile client (React native/Typescript/Redux)”.

A pivotal move is being made with V2, since the product will be the first ICO built on the Cardano Blockchain. The company believes they will have “a more seamless integration between the Traxia Ecosystem requiring TMT to pay for the technical services provided by LiqEase”.

The focus of V3 is improving the Smart Contracts by making them “truly smart”. The whitepaper directs readers to the Annex for more technical details of their Smart Contracts.

Before doing so, they say this: “Operating a stable and scalable product that solves the trade finance gap utilizing a blockchain for securitization of the underlying trade will give us the necessary fundamentals to evolve the product over time and integrate smart contracts into the enterprise systems and workflows. Further details about the Technology and Smart Contracts can be found in the Annex.”

I’ve included a screenshot of the overview above. To read the details in their entirety, go to page 29 of the whitepaper.

Disclaimer: As with all investments, you should do your own research. The information provided in this article is focused primarily on bringing the facts out of the white paper to supplement your due diligence. The quotations provided are from Traxia’s white paper.