Invox Finance is a blockchain-based platform with a very high transaction security and transparent transactions. In this case, Invox Finance creates a decentralized cross-border credit platform that allows sellers, buyers, investors and other service providers to directly connect, interact, share and distribute information. This platform will completely eliminate the need for investor participation by connecting companies that want to accelerate their cash flow by selling their invoices directly to investors who want to finance those bills
What is Invoicing Financing?
Billing Finance explains the purchase invoice process from the seller. Traditionally, financiers agree to advance the money to each other. Buyers who buy products should then pay direct invoices to the financiers.
How does the Invox finance platform solve the problem?
The Invox Finance Platform is a transparent invoice system that builds trust between all parties (buyers, sellers, investors, and service providers). Instead of executing a transaction on a centralized third-party service provider, the ledger is distributed to ensure the transaction is clear and secure information.
How does Invox Finance differ from Populous?
Currently, Invox Finance has only one competitor in the blockchain space. We offer a unique dynamic invoice model and fragmented loan system, ensuring the best experience for sellers, investors and buyers. Although both projects have been established, our team has worked in the accounting and finance sector since 2012 and has managed to fund small businesses for over 30 million dollars.
A more detailed comparison of the two projects can be found on page 16 of our white paper.
How Financing Traditional Invoicing Works
Billing is based on the purchase of invoice financiers from the seller.
Once the financiers approve the seller to finance the facility. (Substantiv, Plural) up to 80% of
the nominal value of each issued invoice). The financier wants to advance the agreed amount to the seller. Financiers want to rely on invoices that must be paid directly to them by the buyer in time, in order to have their invoice. Second Transaction Financiers want then need
The payments for all issued invoices are made into account. Seller must notify
new customer (buyer) bank account details and everything
future invoice payments will require to be made to that account. Third Transaction When the financier receives a full payment from the buyer, he wants to restore the balance
the value of the invoice to the seller minus the cost. Usually this is 20% less cost or any interest.
Solution from INVOX FINANCE
Invox Finance is a decentralized platform for peer-to-peer loans. This platform enables a direct link between buyers, sellers and investors. This enhances the transparency of the lending process. In addition, in the Invox financial platform, all information flows and transactions are handled by a single service provider, which gains more confidence in the platform through the use of certain rules based on current market scenarios.
The buyer must pay the money and the buyer must pay the money. Search scenes create a trust issue between all parties involved in the transaction.
The following is a feature that distinguishes Invoice
The seller wants to get money from investors with low interest rates.
New channels for investors will be opened, which will help them to trade in the industrial sector.
The Invox Financial Platform is a fully decentralized platform where all parties connect and create transparency in their information and transactions.
Sellers can gain direct access to investors with a peer-to-peer credit environment.
INVOX TOKEN
PROVIDING ACCESS:
The Invox Token will give the seller access to the Invox Financial Platform. Through the Trusted Members Program Inventors will be required to pay a certain amount of Invox Tokens as an annual membership to gain access to the platform.
REWARD WORK PERFORMED:
The system will reward buyers and sellers with Invox Tokens for verification and invoice payment.
Initial Coins Offer
The reason behind doing ICO is to prioritize membership to the system through Invox Tokens sales.
The Invox Token will entitle the right holder to access the Invox Financial Platform through the Trusted Members Program. By participating in the Invox Finance two-stage fundraising process, you will get the opportunity to earn Invox Tokens at a discount.
ICO will be ICO ICO itself ICO's ICO plans. The maximum amount of Pre-ICO, along with our open source smart contract at Github.
ROADMAP
TEAM
Website: https://www.invoxfinance.io/
Whitepaper: https://www.invoxfinance.io/docs/Invox-Whitepaper.pdf
Twitter: https://twitter.com/InvoxFinance
Facebook: https://www.facebook.com/invoxfinance/
Telegram: https://t.me/InvoxFinanceCommunity
Author: Feri577
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My ETH: 0x3b5277640ae1e5d8f16266674b076ad22eed4f3a
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