What You Must Know about Invox Finance

What is Invox Finance? How does it work? Does it really make effective changes in traditional invoicing? Invox Finance is an innovative idea introduced by ABR Finance Pvt. Ltd. The company works with an objective of reshaping and reinventing the traditional invoicing system. The company is located in Australia and all of its eight team members are dedicated to creating an advanced invoicing program.

This platform is planning to develop a marketplace where all the related parties including investors, sellers, and buyers will be able to connect to each other directly. It will help the users to create ethereum based invoices. It will offer ERC20 utility tokens that can be used to access this platform through reliable members. The users can also get these tokens as the rewards. The buyers and sellers can receive these rewards for the invoice verification raised for the payments, settlements, and sold items.

In brief, Invox Finance intends to create a decentralized peer-to-peer dynamic invoice that can help investors, sellers, buyers, and even the service provider to interact, connect, share, and distribute all the required information.

In addition, it uses blockchain technology that ensures the safety and transparency. These invoices will be generated by using ethereum based smart contracts. When all the parties will be able to connect directly, it will reduce the risk and will make the process fast as well. All you need to do is to download Invox Finance App from the App Store or Google Play Store. Once the download will be complete, you will get the list of the list of the investors who are interested to discount the invoice. The sellers will also have the option to choose the discounted invoice. After the transaction, all the parties will get the confirmation.

When it comes to the team members, it has eight specialists. They have the experience of running ABR Finance Pty. Ltd. The teams consist of three co-founders and they are investing their own capital in this project. Besides, it has an advisor team with nine members. All are specialized in marketing, investments, legal, tokenization, and cryptocurrency.

Why is it different?

It is a blockchain based decentralized platform that intends to create dynamic invoices. There will be a major change in the traditional invoicing system as it will be powered by the blockchain and will be done by using ethereum based smart contracts. It will involve mostly three parties, the financer, seller, and the buyer.

This platform will transform the traditional invoicing system by using the blockchain technology. The process will be transparent and all the involved parties will be able to connect and share information. Moreover, they can receive ERC20 tokens as the rewards to verify and settle the invoices. It is designed to help the entities to boost the cash flow. They will also know where their money is going and who the third party is. Everything will be transparent and there will be no area of confusion. All these things make Invox Finance different from other ICOs.

The roadmap of this company is also clear. It has three stages. In the first stage, it has invested $500000 to create the base and to develop the community. Besides, they created the white paper, defined the system framework, conducted the ICO, and finally designed the Dynamic Invoice Smart Contract.

In the second stage, they created the MVP and also focused on the ICO. The third stage is focused on finishing the MVP and initiated the release of the product to market. The best part about this platform is that you will get all the information on their website.

What are the innovations?

The company is designed with an innovative idea. The goal of this company is to bring revolutionary changes in the traditional invoicing system. You might not find such innovative idea from anywhere else. It is dedicated to creating dynamic invoicing powered by the blockchain. It will not be limited to these features only. There will be much more to impress the investors.

This platform will enable the buyers, sellers, and investors to connect directly. They can share the information and can know where the money is going. The sellers can get the financing at a lower interest rate than those traditional financers who are not involved in the blockchain. Besides, the parties will also be able to update the invoice information in the real time. They will be able to access the sensitive information and all the information will be protected as well.

The sellers will also be able to access the individual investors directly. The platform will offer a cost-effective solution to the investors by exposing loan products that comprise loan fragments from different businesses across many industry sectors. Besides, the loans can be fragmented into the smaller increments to enable the investors to get loan fragmentation. That will enhance the diversification and will reduce the risk.

ICO Token

If you want to earn the tokens, you need to be contributed to the pre-sale of crowd sale of the ICO. The process has already finished. Hopefully, you have participated in the presale to be a part of this platform. By contributing to the presale, you will be able to get Invox Finance utility tokens. Besides, you will get some added bonus.

For the Invox finance tokens, you can use your E-wallet. If you are interested to buy the tokens, make sure that you have an e-wallet. You will need it to send ethereum and to receive the Invox Finance tokens.

Token sale

The token sale will cover four stages. The first stage will start on 3rd April 2018 and it will continue until 28 April 2018. There will be 20% bonus. The second stage will start on 29 April and will continue until 19 May 2018 and the bonus will be 10%. The third stage will start on 20 May and will continue until 9th June and the bonus will be 5%. The fourth stage will start on 10 June. There will be no added bonus.

Conclusion

From the above discussion, you might have a fair idea about Ivox Finance. You can say that it is the best ICO that comes with an innovative idea to make invoicing more advanced and dynamic. The concept is unique and appealing. It will bring major changes in the current invoicing system. If you want to know more about this platform, white paper, and token sale, you can visit https://www.invoxfinance.io/.

Website: http://www.invoxfinance.io/
Whitepaper: https://invoxfinance.io/docs/Invox-Finance-Platform-White-Paper-Version-1.03-24-Jan-2018.pdf
ANN: https://bitcointalk.org/index.php?topic=3048498.0