Got a tech startup idea that you think would be the next big thing? Nah! I know. Many of us Filipinos still aren’t starting with our tech ideas that would solve several of humanity’s problems because we lack funds and support from our friends and families. Many of us aren’t that brave enough to pitch our own ideas to investors. We only know few people who are rich enough to be able to finance us. We don’t know where to go, so many of us just end up working for tech startups abroad.
Traxion, one of my favorite startups is finally opening their doors here in Davao City. What’s great about this is that they’re opening a co-working space for tech enthusiasts.. This space would help future startup tech entrepreneurs build their own apps for the betterment of our world. They will guide and mentor you. Aside from that, they will finance new startups if the ideas are really brilliant.
I’m really excited about this as I’ve been looking forward to the company extending their digital wallet app to citizens like me, who is not connected to farming. I blogged about what their app is all about here. Please read that blog post because Traxion is one of the businesses that practices good capitalism.
I can’t wait what Traxion-Kadena Hub is in store for me and my business this year. I’ll be up to date with Traxion and blog more about them. Meanwhile, you may visit their website or any of their social media accounts if you’re interested in pitching your ideas to them.
TraXion launches ‘Kadena Hub’ to incubate startups in Mindanao
TraXion, a transaction management company that utilizes blockchain technology to effectively tackle all the major concerns associated with financial services platforms in agriculture and micro-entrepreneurship is set to launch “Kadena Hub”, a co-working space that will house, incubate and accelerate upcoming startups in Davao City.
In its unveiling ceremony held on December 16, Traxion CEO Ann Lindayag together with other company executives unveiled the plans for Kadena Hub.
The hub will serve as the Philippines’ First Blockchain Incubation Hub and Center of Excellence that will sit 120 people in a modern-industrial space. It will rise at Mabini corner Araullo St., Barangay 9-A, Poblacion, Davao City.
By January 2019, the hub will start to train young developers in the field of blockchain and Artificial Intelligence.
“A lot of innovative projects focused on blockchain will be housed here to support our growing network from Mindanao. The hub will enable startups to have an access to technology, digital asset, network, market, mentorship and of course funding! We welcome startups this coming 15th of January to check us out and apply for incubation, “ Lindayag said.
Kadena Hub is one of the projects of Traxion under “One Mindanao” program which sees an opportunity to create an inclusive ecosystem that connects the smallest micro-entrepreneurs to the largest businesses in Mindanao to create one economic force in the region.
Traxion aims to provide access to indigenous people and farmers the services such as payments, healthcare, remittance services aligned to its goal in promoting blockchain for the common good
TraXion would provide peer-to-peer lending, a channel to give to charities, paying utility bills, digital wallet, remittance and access to government services.