Traxion, a blockchain-based transaction management solutions, launched the new home for the Davao-grown startups, Kadena Hub.

Kadena Hub is the Philippines’ first Blockchain Incubation Hub and a Center of Excellence that will sit 120 young developers that will be trained for Blockchain and Artificial Intelligence.

Traxion CEO Ann Cuisia, together with the company’s executives and local guests, unveils the modern-industrial co-working space at Mabini corner Araullo St., Barangay 9-A, Poblacion, Davao City.

“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, “ Cuisia said.

Ann Cuisia, Traxion CEO

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.

From Left to Right: Ernie Cruz (CFO) John Andrew Arce (Solutions Architect) Israel Brizuela (Chief Operating Officer) Jec Santos (Resident Entrepreneur) Pastor Tom Arellano (Officiating Pastor) Ann Cuisia (CEO) Bermil Espina (CTO – Chief Technology Officer) Jove Tapiador (Head of Business Development).

TraXion would provide peer-to-peer lending, a channel to give to charities, paying utility bills, digital wallet, remittance and access to government services.