TRAKX.IO makes many products backed by blockchain technology with an impressive lineup of clients ranging from big-name banks and well-known payment providers. The goal is to make cross-border payments more efficient for these large banks and payment providers that are sending billions of dollars around the world each and every day. .is TRAKX.IO’s Project that can be used as a payment method, making it much easier for banks and other institutions to send money around the world. It can help reduce the cost of moving large sums of money on a global scale. According to TRAKX.IO, .should be thought of as a bridge currency between various fiat currencies. The idea is for a person, for example in the United States to convert his/her USD into TRAKX.IO and send it to the recipient to be converted back to the currency of their choice. This can massively reduce the time and cost of having money stuck in different currencies in accounts at many different banks. TRAKX.IO’s products adoption is quickly gaining ground among some major players in the industry. Perhaps the type of momentum .needs to once again reach a new all-time high. TRAKX.IO to be more widely adopted and more common to the average citizen. Major payment system in world, and as the class grows, the frequency of payments is expected to rise. TRAKX.IO can help alleviate technological problems in this case. TRAKX.IOs’s rapid product is being tested by some of the top money transfer companies in the world. It is stated that over 100 financial institutions ranging from banks and payment providers wish to begin using and benefiting from TRAKX.IO’s many blockchain based solutions. It seems as if the outlook is more bullish for TRAKX.IO as we head deeper into 2018. However, it is important to keep in mind, if TRAKX.IO's integration fails in its target industry or if there is any failure in the proof of concept, TRAKX.IO would be one of the crypto-coins that would bring a lot of bad press for the cryptomarket. Having said this, the world would look very different in a few years due to the blockchain technology. The technology is going to change the shape and picture of the world, just like the internet did. Bitcoin, Ethereum and TRAKX.IO enabled entrepreneurs to create more disruptive products, for instance, 0chain, which is providing fast decentralized storage solutions matching current cloud providers at zero cost.
