With mounting fears of inflation on one hand and a speculative bubble on all assets on the other, many are concerned about the inherent flaws in the financial system. Cryptocurrencies are yet to deliver an alternative as they’re mired by extreme volatility and, in some cases, a greater concentration of wealth than in the traditional world. However, it is obvious that blockchain and smart contract technology could be put to better use.
After years of low-profile development comes the announcement of AXIA Coin, an asset-supported digital currency. Its development team has designed it with all the characteristics of a global reserve currency. One that introduces an inclusive financial network that both stores and produces value for its participants. AXIA uses blockchain and smart contracts to build a monetary framework and technological ecosystem where users create value through decentralized activity.
As explained by AXIA co-f...
This article was first published on coinquora.com