AXIA Resources

News & Announcements

News
December 21, 2020

WELCOME TO AXIA

Today’s financial world runs on fiat currencies that - history has shown - lose their value over time, have no intrinsic value of their own, and can be unilaterally printed…

Blogs

Blog
December 14, 2020

The AXIA Connected Wallet – A Secure & Convenient Way To Store, Use and Generate Value For Your Money

The current passive way we store and use our money is a surefire way to lose monetary value as it locks us into a system where common dynamics of inflation,…
Blog
November 30, 2020

The AXIA Transaction Link and AXIA Reserve

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Blog
November 23, 2020

AXIA Introduces The “Creation of Value” Principle To Money

Lorem ipsum dolor sit amet, consectetur adipiscing elit. Morbi vitae dui et nunc ornare vulputate non fringilla massa.
Blog
November 16, 2020

The AXIA Dual Blockchain Design and Its Benefits

As a store of value, a medium of exchange, and a unit of account, fiat money achieves monetary utility. However, since the elimination of the gold standard in 1971, fiat…

Explainer Videos

News
December 21, 2020

WELCOME TO AXIA

Today’s financial world runs on fiat currencies that - history has shown - lose their value over time, have no intrinsic value of their own, and can be unilaterally printed…
Blog
December 14, 2020

The AXIA Connected Wallet – A Secure & Convenient Way To Store, Use and Generate Value For Your Money

The current passive way we store and use our money is a surefire way to lose monetary value as it locks us into a system where common dynamics of inflation,…
Blog
November 30, 2020

The AXIA Transaction Link and AXIA Reserve

Lorem ipsum dolor sit amet, consectetur adipiscing elit. Morbi vitae dui et nunc ornare vulputate non fringilla massa.
Blog
November 23, 2020

AXIA Introduces The “Creation of Value” Principle To Money

Lorem ipsum dolor sit amet, consectetur adipiscing elit. Morbi vitae dui et nunc ornare vulputate non fringilla massa.
Blog
November 16, 2020

The AXIA Dual Blockchain Design and Its Benefits

As a store of value, a medium of exchange, and a unit of account, fiat money achieves monetary utility. However, since the elimination of the gold standard in 1971, fiat…
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AXIA Coin As Digital Money

What Makes AXIA Digital Money?

AXIA Coin is the world’s first asset-related global currency, utilizing new and innovative blockchain and smart contract technology standards to upend traditional financial structures, lower participant costs and advance a more equitable and inclusive global economic model.

How Is AXIA Coin Positioned To Be The New Reserve Currency For The World?

AXIA empowers people to improve their life circumstances regardless of socioeconomic status, citizenship, race or religion — all by simply conducting commerce as they normally would every day. To assist with this mission, AXIA created the AXIA Transaction Link (ATL), a transaction mechanism that utilizes smart contract technology to facilitate a specialized router that acts as the fee and rewards engine of the ecosystem. With the ATL, the world can finally move away from a monetary system where the transactional value is stripped away from the individual for the benefit of a bank or company and, instead, value cycles within and between members of the AXIA community.

What Is The Difference Between AXIA Coin And Bitcoin?

Cryptocurrencies such as Bitcoin are decentralized and have no associated debt accumulation, like traditional fiat currency. However, its lack of clear intrinsic value and its minimal usage/potential to be utilized as a medium of exchange, renders Bitcoin volatile. Unlike Bitcoin or any comparable digital currencies, AXIA Coin is supported by real tangible assets and utilizes an innovative smart contract technology structure that delivers value back to the AXIA Ecosystem, minimizes volatility, and offers higher levels of utility for everyday purchases. Check out the About page and watch our AXIA Compared video from our website to learn more about how AXIA compares to the alternatives.

 

Getting Into AXIA Coin

How Can I Access AXIA Coin?

AXIA is available through AXIA Capital Bank. Simply download the AXIA app, select your account type, and a wallet will be generated for you. Once you’ve been onboarded into the bank, you will have access to everything you’ll need in order to receive, send or acquire AXIA Coin.

Why Am I Being Asked To Register An Account Type?

Upon registering for an AXIA Capital Bank account, new users will be directed to select one of three account type options. Each account is customized with features to serve unique needs.

<ol>

<li>Individual – for personal use and without association to any organization</li>

<li>Business – for businesses actively receiving and sending funds</li>

<li>Charity – for a not-for-profit organization with a clear social mission</li>

</ol>

Once you have selected your account type, you become eligible for a variety of rewards-based features.

What Is The AXIA Transaction Link (ATL)?

AXIA utilizes smart-contract-enabled network logic to move the industry forward and bring decentralization and monetary transparency to bear in the ‘trustless’ world of digital currency. The AXIA Transaction Link (ATL) is a smart contract superstructure that directs value back to token holders. These smart contracts are open, yet immutable programs, that define the business rules that underpin all the transactions that take place in the AXIA ecosystem.

Is AXIA Coin Available To Residents Of Any Country?

AXIA Coin is available globally, except to those users who fall in the Restricted Jurisdictions list.
(A Restricted Jurisdiction includes: (i) any Financial Action Task Force (FATF) high-risk jurisdiction or a FATF jurisdiction with strategic deficiencies; (ii) Cuba; (iii) Democratic People’s Republic of Korea (North Korea); (iv) Iran; (v) Syria; (vi) the Crimea region of Ukraine, or (vii) any jurisdiction for which the sale of Tokens or Redeemable Trust Units, or any offer or solicitation in respect of the Tokens or Redeemable Trust Units, would require registration or licensing not obtained by AXIA or otherwise would be unlawful.)

 

Security

What Are Some Security Features Unique To AXIA?

AXIA has implemented a key storage model that incorporates enterprise systems and data encryption to protect users from potential system attacks that could jeopardize their keys. A user’s public and private keys are tied to a self-selected email address and their system password can always be re-generated if an individual forgets their password, so that they will never lose access to their funds. This system allows AXIA holders to recover their existing keys if lost or forgotten.

How Do I Know That My Private Keys, And “Hot” And “Cold” Wallets, Are Secure?

AXIA wallet services are provided by its partner, Balance, which ensures that your private keys are secure by generating and managing them on dedicated hardware, throughout their entire lifecycle. The hardware managing the offline (i.e. “cold”) wallets is kept offline in bank-grade vaults that are access controlled, monitored, and guarded 24/7. The hardware ultimately managing the warm wallets is provided by a cloud infrastructure provider and physically kept in a data center subject to similar protections and restrictions.

 

Connected Ecosystem

What Is The AXIA Ecosystem?

The AXIA Ecosystem is made up of all the different applications and wallet-connected features available via the AXIA app, including AXIA Capital Bank, the AXIA Communications Suite and more. AXIA is changing the current monetary paradigm through its dedication to constant value creation; in other words, delivering free or low-cost services where value is generated and shared among not only the individuals using a service, but by all connected parties within the Ecosystem.

What Is The Benefit To Offering Services Via AXIA Coin And Connecting Into The AXIA Ecosystem?

Besides the benefit of accepting a better form of money, that reduces a merchant’s embedded service fee costs; all business and charity adopters of AXIA gain access to the AXIA Rewards Platform. By gaining access to this system, a merchant will have the ability to create their own dedicated cashback or loyalty points program. Such programs are typically offered at an on-going cost to a business, but AXIA offers this program and infrastructure for free. The program offerings themself are also dynamic and allow merchants to set the size of reward that they would want to distribute back to a participant, the time they would like to have the offering in place for, etc… and then deliver back a form of direct purchase cashback or dedicated points program that can grow as the system itself grows. These services are available to everyone through AXIA’s smart contract infrastructure and can change and shift through the decentralized participation of the users themselves, as tools have been established to allow companies that typically cannot afford programs such as these to manage these features seamlessly, with little required knowledge of blockchain or smart contract features.

What Happens As The AXIA Ecosystem Grows?

The more applications that rely on AXIA, the more value will be generated into the AXIA Ecosystem. AXIA is based on a shared prosperity economic model that provides fundamental value back to its users through participation and so more participation equals more transactions, which in turn presents users with the ability to deepen connections between people and generate additional value back to the overall users of AXIA.

 

AXIA Value Added Services

How Much Will Key Custody And Security Services Cost Me?

It’s free! AXIA will incur any associated custody costs on behalf of the user directly. It is the value AXIA delivers to Ecosystem users, while the user is in control of their own spendable or vaulted AXIA coins. AXIA has specifically integrated this service to allow all AXIA participants – irrespective of wealth or status – to utilize this advanced infrastructure seamlessly for free.

Will I Be Charged A Gas Fee For Transacting In AXIA?

AXIA is money and was purpose-built to operate as a global currency and is therefore not minable. Aion is the Open Application Network’s minable token and is used as the NRG (often known as “GAS,” which is the common term in Ethereum) to verify token transfers inside of the network. Regardless of what it’s called, AXIA believes that transactions should be frictionless and easy. AXIA covers the cost of GAS for all ecosystem participants.

How Much Does It Cost A Merchant To Register For The AXIA Rewards Platform?

It’s free! Register to set your own cashback or loyalty points program at no cost with AXIA.