FINTRUX

adulojuclara (30)in #cryptocurrency • 8 years ago

ICO FINTRUX -THE GLOBAL P2P

FintruX is the world’s first blockchain-based online marketplace and an automated administration platform for Financing that connects borrowers and investors, enabling them to configure and automatically create each contract of the borrower in real-time.
inevitable. In FintruX, data is decentralized safely, unchanged, and uptime is almost guaranteed. The borrower submits standard requirements that can be selected from the list and the investor offers confidently. Our platform is available to the public with full openness. The goal is not only to bring borrowers and investors together to conduct transactions (“Contracts”) but also to generate a borrower contract with total transparency so that parties can transact confidentially, with fully automated administration.
Target Metrics
The borrower is funded within hours
Installments are paid within minutes Activity reports in seconds
The Problem
Most of the financing comes from third parties such as brokers and other intermediaries. This adds to the cost, time and complexity of the process. Furthermore, the administrative process is usually labor intensive. Most Financing contracts are elusive and special instructions such as trade-ups, buyouts, refinances, prepayments, final processing, etc. are mostly done manually on spreadsheets.
Most of the systems used by investors are not fully automated, records can be changed, censored, and subject to the actions of the country’s domicile patriots.
The Financing Industry has yet to adopt or implement new technologies to meet new product demand and increased concerns about data privacy, increased competition and changes in consumer behavior pushing them in this direction.
Financing processes that manage risks, premiums and claims usually involve significant data exchange between multiple parties. Currently, various parties will keep a copy of their own data, and process it separately. This makes it difficult to sync and collaborate through a shared process.
Online financing portals that attempt to bypass intermediaries have failed to address the above issues.
Benefits to Borrowers
Access to Affordable Credit.
Experience Borrow Excellence.
Transparency and Justice.
Reduce Transaction Fees.
Fast and Efficient Funding.
attractive contracts
Supermarket.
Benefits to Investors
Access to an innovative asset class created by the borrower.
uperior Lending Experience.
Pull back.
No upfront fees for Investors.
No service charge to investors.
Customers more satisfied
Target audience
The FintruX market is for the finance industry participants and the ultimate benefit for our users
ability to search and match various needs as a borrower or investor.
Small business borrowers (SMEs). Get a loan or rent to finance the organization’s needs.
Personal borrower. Get a loan or rent to pay for personal use.
Private investor. Lend to individuals or SMEs to take advantage of direct investment.Institutional investors.
Lend to individuals or SMEs based on portfolio interest and risk profile.
Brokers provide tailormade advisers and other services.
In order to do certain things such as the listing of the Financing request, the Know-Your-Customer KYC process will be in place.
The fintrux Token: FTX

The FTX token is used to strengthen the FintruX platform and serves as a means to reward or gain rewards for participating in the market. Each activity on the platform has the associated costs specified in FTX. As activities are performed on the platform, FTX is transferred from one participant to another. As a result of this activity, the platform will be rewarded.
FTX Crowdsale
FTX will be issued during our crowdsale. Once completed, no further tokens will be generated. Sales will last three weeks
from November 8th through the 29th of the same month.
Maximum 100,000,000 FTX tokens will be generated, from 25,000,000 tokens will be saved as backup.
A maximum of 75,000,000 FTX will be sold during the crowdsale, the remaining token remaining will be burned
Behind It All.
The founder Nelson Lin has been an innovator all his life since he started his career in the financial-technology sector as a systems analyst at J.P. Morgan in 1986.