Invox Finance - Invoice Lending on the Blockchain

One of the ways of borrowing money is invoice financing in which financers buy the invoices of a company and pay them money in advance. There are many transactions between two parties that involve an invoice. But this environment currently has some trust and transparency issues and High cost. This is where Invox Finance platform comes in to play. This platform will ensure trust between all parties (buyers, sellers, investors and service providers) and the system is based on the decentralized ledger that will ensure the transparency and secure information. The Invox Finance platform is a transparent invoice system.

The general description of the Invox financial platform will consist of the following 

• Dynamic Invoice Contract Invalid 

Change a paper invoice into a smart contract that goes into blockchain. Smart contracts will allow a variety of data changes to be stored on invoices. Any changes will be recorded in the blockchain and can be viewed completely by all parties.

• Intelligent Loan Contract 

This contract contains all loan terms and data relating to the distribution of funds. This contract allows for fragmentation of loans.

• User Access & Hub Processing 

Is a user interface and hub where buyers, sellers, and investors will do the business of making, verifying and purchasing loans.

• Integration of Bank API Integrate 

a system with Invox banking partner. This will enable the loan to be in Fiat and will be repaid in Fiat.

Who will use Invox Finance Platform?

Many companies, especially small businesses, involved in the supply of goods and services struggle to stay afloat due to cash flow problems. They cannot cope with daily expenses and commitments as cash is not generated regularly.

Invox targets small and medium-sized companies as buyers and sellers and non-retail investors as invoice buyers.Buyers and sellers will be motivated to move to Invox due to lower costs, increased security and possible rewards. Initially, the platform will only allow non-retail investors to participate in the investment platform. This includes large businesses, individuals who invest more than $ 500,000 AUD, or investors with net assets of at least AUD 2.5 million or with gross revenues of at least $ 250k AUD. This is a much different approach from the same project (Traxia) that allows investors to buy invoices. Over time INVOX will allow retail investors to participate in funding.

• Sellers that have invoices they want to sell to accelerate their cash flow

• Investors seek higher returns and diversify their investment portfolios

• Buyers who will receive an invoice payment period are renewed and rewarded for verifying the invoice

Why Invox?

- Decentralized platform  

- Direct access to investors  

- Lower rates for sellers  

- A new way for investors to diversify

Invox token?

Invox tokens are what you will use to access the Invox Finance system and perform different actions.  

ICO INFORMATION 

INVOX FINANCE Token pre-sale will start from 15th March 2018 and continue until 24th March 2018. 55% of the total tokens are available for the sale. The main ICO starts from 15th April 2018 and continues until 12th May 2018. 45% of the funds collected will be used in the marketing of the platform while 20% will be used in the investment fund. A team is an experienced group of people having years of experience in the finance and technology.

Token distribution 

Team

Conclusion

We all need a source to finance the required resource to keep running the business. And, there are many options available for the borrowing the money for your business. But INVOX FINANCE offers one of a kind solution such as Lower rate for sellers, a transparent transaction on the decentralized platform and easy exchange for buyers are a few of the top feature of the INVOX FINANCE, which beliefs in the power of blockchain technology. Businesses are ready to adapt to the more transparent and reliable network and this platform is ready to provide that. I think that each stakeholder of the ecosystem will agree for more transparent and reliable system of financing. 

for more information, please click the link below:

Website: https://www.invoxfinance.io/

Whitepaper: https://www.invoxfinance.io/docs/Invox-Whitepaper.pdf

Facebook: https://www.facebook.com/Invox-Finance-162381191061327/

Twitter: https://twitter.com/InvoxFinance

Instagram: https://www.instagram.com/invoxfinance/

Telegram: https://t.me/InvoxFinanceCommunity

 Prepared by:
Bitcointalk Username: chamika888

Bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=1261329
ETH Address: 0xcA8BE9f4567813D967Cb8B79e207e49053E4Bd7C