With the rise of Mindanao as the technological sandbox of the Philippines, more and more fintech and blockchain companies are flocking to the region to develop use-cases and test scalability. Given this development, TraXion, a transaction management company that uses blockchain technology sees an opportunity to create an inclusive ecosystem that connects the smallest microentrepreneurs to the largest businesses in Mindanao to create one economic force in the region.

Statistics show that about 70 percent of Filipinos are unbanked and underbanked. These financially excluded sectors of society– farmers, fishermen, and sari-sari store owners– lack efficient ways to conduct transactions online but rather opt to use traditional payment methods which often result in delays and restricted access to their funds.

By using a universal banking strategy, TraXion offers multiple services on its platforms such as payments, remittance services, insurance & healthcare, and social welfare payments to a wide base of customers.

“Blockchain for transaction management is inevitable. It is not a matter of if but when will it be adopted by the masses,” TraXion CEO Ann Cuisia said.

“We have started doing this already here in Mindanao through partnering with a large plantation in Bukidnon. We are excited to bring financial freedom and control to the farmers in the Mindanao region.” Cuisia adds.

TraXion hopes to replicate its success in Southern Palawan and its partnership with the LionHeart Foundation. Through this partnership, TraXion was able to successfully introduce blockchain based payments, payroll, loans, and savings to thousands of farmers in a simple and easy to use ID card format that contained information on the user’s funds, SSS, Pag-Ibig, and Philhealth data.

Furthermore, TraXion extends the benefits of blockchain through a farmer-facing app that will ensure farmers receive timely and complete payments using smart contracts; allow them to capture real-time data to more effectively manage their crops and harvest; and most importantly, offer their produce at a better price directly to consumers like restaurants, hotels, and households.

With an interconnected system that has earned the trust of everyone in the eco-system, Cuisia said that this trust could make their vision of a unified Mindanao through TraXion a reality.

“We believe in the power of technology to elevate the human condition and blockchain is one of the greatest, most inclusive forces for prosperity,” Cuisia said.


TraXion, is a transaction management company that utilizes Blockchain technology to effectively tackle all the major concerns associated with financial services platforms. It also adopts the universal banking model which provides a suite of services that target the unbanked consumers who tend to have an array of financial needs but are deterred to use digital platforms for different functions.