Post
Topic
Board Announcements (Altcoins)
Re: [ANN][AXIO] ⭐ U.S. asset-backed cryptocurrency monetary system
by
Axios
on 19/06/2020, 16:52:11 UTC
What kind of assets are you referring to when you say Axio is an assets backed cryptocurrency.
Are you talking about physical assets, digital assets or precious stones or all of them

The Axios Foundation will issue and retire axios as a part of Axio-denominated debt instruments such as loans. Wherein each loan will be issued for a specific amount of axios with interest paid in axios, and the lending activity recorded in a blockchain. The Foundation will offer various types of loans including business loan, letter-of-credit, line-of-credit, etc. The lending process will be automated, and the loans will be available around the World. The Foundation will not support the fractional-reserve banking and the securitization of loans.