Debitum network - infinite small business financing

in #debitumnetwork8 years ago (edited)

christine-roy-343235-unsplash.jpg

Are you a small business owner? What are your longterm goals? You only need recognition back home or your ambitions are high enough to conquer the world?
The entrepreneur, who successfully found a free and profitable niche for his business, is able to quickly develop the company without external cash injections. Let's be honest, such examples - a minority . Low profitability, combined with small scale of business often leads to a lack of own funds for development. Small companies need to borrow extra funds more than anyone else - often it is a question of business viability. But it will not be easy for them to get a loan.
It is possible to identify the main problems of bank lending:

  • High interest rates
  • Complexity in posting of a bond
  • Insufficient amounts and short-term loans
  • A plurality of guarantors
  • The poor of enterprise evaluation system

For more effective development of SMEs , in addition to state support, it is necessary to develop alternative credit programs , especially for customers with a positive credit history.
The Debitum Network offers a small-business crediting solution and promises to exclude the controlled middlemen. The main objective is to create a decentralized, secure and clear ecosystem for funding small and medium-sized businesses. Debitum Network units varied players - borrowers and lenders, risks evaluators , documents validators , insurers etc.
1_8LzQZ8t1mR52-cyeWR8yTQ.png
Companies can use this service immediately, because all transactions pass through a fiat currency. Cryptocurrency will be used only for other fees related to the financing cycle and all transactions will be powered by the Debitum token (DEB). As long as the Debitum ecosystem becomes increasingly popular, it is expected that the value of the token will grow.

How the Debitum works?

There are 3 types of participants in Debitum Network:

  • SMEs that require capital;
  • Investors ;
  • Various service providers.
    A brief video on how it works:

The complete process would be as follows:
the borrower makes a loan application. With the help of DEB tokens, the borrower pays for different services of risk assessment, insurance, debt collection. Fixed capital and interest are considered physical goods and are paid in fiat currency.Once the lending process is complete, the contracts update the confidence scores of each service provider and the community they represent.
The main objective of the ecosystem is to enable potential investors to identify opportunities for investment and invest directly in SMEs without the involvement of centralized financial institutions.

What are DEB token ?

The Debitum (DEB) token is a digital token based on Ethereum blockchain. Being internal currency it performs 2 internal functions:

  • means of payment
  • guarantor of services ( until the time of services tokens are frozen and can not be used by service providers)

The total number of DEP issued is 400 million and their limited emission guarantees the “limitation” of Debitum tokens and potentially will allow them to grow in price, along with the growing amount of participants and transactions in the system.
Currently is launched the second round of ICO, which will run until February 25 and it can be bought 6500 DEB tokens for 1 ETH.The minimum purchase amount is 0.1 ETH. The raised funds will be used to expand and promote the Debitum in the key countries, develop the software.

Friends, I warmly thank you for your attention! Remember, before make any investments in the project, read the information on the links and make your own decision.

You can buy tokens here https://debitum.network but before read the technical documentation for these links:
https://debitum.network/whitepaper
https://blog.debitum.network/
https://www.facebook.com/DebitumNetwork/
https://twitter.com/DebitumNetwork
https://t.me/debitum
https://bitcointalk.org/index.php?topic=2321064.0

This is my unique work: https://text.ru/antiplagiat/5a8d63d709494

Sort:  

Excellent idea of the project!

Great project and excelent idea

This is a great crypto bank. The team is very strong in this project. Thank you for the article

Resteemed by @resteembot! Good Luck!
Curious? Read @resteembot's introduction post
Check out the great posts I already resteemed.

ResteemBot's Maker is Looking for Work.

This post has been resteemed by @talhadogan thanks to: @jinny1985

Congratulations! Your post is now on display as a VIP sponsor of the Abasinkanga Free Resteem Service Post

You are entitled to a bonus resteem of 3 more posts. Visit the most current Abasinkanga Free Resteem Service Post and post your links as comments to get the posts resteemed

Congratulations @jinny1985! You have completed some achievement on Steemit and have been rewarded with new badge(s) :

Award for the number of upvotes received

Click on any badge to view your own Board of Honor on SteemitBoard.

To support your work, I also upvoted your post!
For more information about SteemitBoard, click here

If you no longer want to receive notifications, reply to this comment with the word STOP

Upvote this notification to help all Steemit users. Learn why here!

Coin Marketplace

STEEM 0.04
TRX 0.33
JST 0.092
BTC 62578.40
ETH 1778.40
USDT 1.00
SBD 0.39