AXenS, Offering a Revolutionary Solution for SMBs
AXenS is a futuristic ICO project that will provide a global marketplace for the small and medium sized business organizations. The SMBs will be able to deal with customers and clients from all around the globe. Will it provide services like other similar projects offering now? We have spent some time in understanding this project and its scope in today’s competitive world. Continue reading to know how successful AXenS can get if implemented wisely.
What is AXenS?
AXenS is introduced as a platform where the lenders and borrowers can meet with their business plans. All the borrowers on this platform will be the business organizations like SMBs that export products to exotic nations. Such businesses often face troubles in crediting loans from traditional financial institutions such as banks to continue the export procedures. These procedures comprise things like tariffs, transport, insurance, and storage. AXenS is planned to help these SMBs in delivering their goods to their end buyers.
AXenS will work on blockchain technology, where the service providers can track the location and position of the exported goods from the day they deliver it. They will be notified as the goods are delivered to the buyer. It will ensure top level security. The parties involved will be able to track and understand the trade deal completely. Therefore, they will be able to lend money for their business with a proof of success in the business.
Addressing the issue faced by millions of SMBs:
You will understand the solution offered by AXenS better if you know the issue faced by millions of SMBs across the globe. There are literally numerous companies which are underserved by the banks. A recent study shows that around 50% SMBs are facing loss or troubles because the banks refused to lend money. The AXenS wants to target these business organizations and help them in meeting their business objectives. This platform will not only help the SMBs in borrowing some money, but also provide them with advanced solutions for exporting goods. It will provide supply management chain to improve the performance of the borrowers.
Will this project work as mentioned?
The World Bank says that all the SMBs across the globe need around $1.3 trillion every year. The banks and other regular financial institutions follow the traditional approach to lend the money and therefore many SMBs do not get what they need. It is affecting the future of those underserved business organizations. The solution offered by AXenS is great and reliable. This project can use the Blockchain technology to serve the SMBs and creditors. It will help the borrowers in expanding their business fast so that they can make a huge profit. The lenders can track the profit generated by their clients and get their money returned pretty fast.
Final thoughts:
To summarize this review in a few words, yes AXenS seems a great solution. It can use the blockchain technology to address many challenges. It would be quite simple to track the exported products and ensure on-time delivery. This project can offer a new life to millions of SMBs across the globe.
Token details
Total supply: 100,000,000
Symbol: AXS
ICO Start date: 16 APR 2018
ICO End date: 31 MAY 2018
ICO Price: 1 AXS = 0.50 USD
Links
Website: https://www.axens.io/
Whitepaper: https://www.axens.io/downloads/AXenS_Whitepaper.pdf
Telegram: https://t.me/axens_chat
Posted from my blog with SteemPress : https://icoshrimp.com/axens-the-future-of-supply-chain/