Arax is an early-stage holding company transitioning into the software and blockchain technology sector. The company currently derives most of its revenue from software and logistics services provided to a concentrated group of clients in South Africa. Arax is building an enterprise blockchain-as-a-platform ecosystem on its Core Blockchain, which supports specialized modules for commodity trade, trade finance, and age verification. The business model centers on three revenue streams: subscription fees for platform access, transaction fees for blockchain interactions, and fees for custom consulting and integration services. Through its subsidiary, Cilandro, Arax holds Swiss financial licenses intended to facilitate future services involving central bank digital currencies and stablecoins. Arax manages its operations without full-time employees, instead utilizing part-time consulting services from its executive officers on a deferred compensation basis. The company relies on convertible debt issuances to fund its operations and development activities. Arax is controlled by its management team through MORR Investments and maintains a strategy of pursuing growth through asset acquisitions.
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