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TRAXIT
Italy
26 Jul 2018 (7 Years)
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Security Information
What are the differences in regulations for each
License
A Grade License
Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.
B Grade License
Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.
C Grade License
Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.
D Grade License
From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.
Company Information
Get to know TRAXIT
Company Information
Get to know TRAXIT
Traxit, a tracking multi service company, is changing the way we track our belongings, starting from Aviation vertical. A year ago we deposited a patent involving our algorithm and our multi-sensor device enabling tracking of checked-in luggage worldwide. Compliant with the two world Aviation Safety Agencies rulings (FAA and EASA regulations), works with a M2M Sim-on-chip connected to GSM network, with an app for smartphone (under development), a desktop version for handlers and airports and an innovative Travel insurance package. We empower the passenger by connecting to its personal belonging with any mean of transportation. The frustration generated by delayed luggage is gone, transformed into a positive experience thanks to our insurance global partner that supplies pocket money for immediate expenses to delayed luggage owners through Smart contracts: an automated claim process with no human intervention will also supply immediate compensation for disrupted and delayed flights. Our Vision: Happier and empowered travelers.
Industry
- Crypto CryptocurrencyPRIMARY
- Financial Insurance
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