Bankex and Blockchain!
For aspiring entrepreneurs has always been a burning question of the financing of small and medium business from the state.
There are various programs for small businesses, including interest-free loans and leases, reimbursement of loan interest, payment of costs for the acquisition of fixed assets.
To start is to find out whether funds from the Federal budget on programs of crediting of small business the region where you plan to develop your project. Then carefully deal with the details and conditions set forth in an official document on this issue.
Further, the entrepreneur who wants to participate in the regional program of small business financing, must provide the required package of documents, which included written in some form of business plan. In addition, to obtain a grant for the development, it is necessary to pass competitive selection.
Interesting for beginners and the other varieties of small business financing government through regional and sectoral projects:
grant awards in specific sectors (for example, in the field of innovation);
training seminars, conferences and other events;
the provision of material assistance without direct funding (for example, rent of the municipal areas at reduced rates).
Applicants for participation in programs for small and medium businesses need to be aware of some restrictions. You can participate only once: if the subject of business wanted to gain support for the regional program enterprise development Finance, he can take or grant, or to reimburse the interest on the loan, or to offset the cost of the basic means only one thing.
Upon receipt of non-repayable grants need to work up to 3 years stated in the business plan. In this case the state carried out regular monitoring activities.
The main criteria considered in the "distribution" of funding for small businesses - the number of new jobs created and projected tax rates.
The main problem for small businesses is a shortage of working capital for business development, there are limited resources for funding. Working capital is very often not enough to replenish inventory, so formed, the possibility of attracting borrowed funds to small business development.
One of the main problems is the fact that entrepreneurs often cannot specifically identify the amount of borrowed funds for business development. As a rule, they think "how much is enough collateral." However, these resources need to pay, so it is important to consider the sources of repayment of the loan.
But all these problems now can be solved thanks to the advent of blockchain technology and project Bankex . Read further information about it can also join, buy their tokens.
BANKEX Proof-of-Asset protocol (PoA) is a standard that enables a new generation of assets and contracts creating Decentralized capital markets.
The purpose of the White List is to give BANKEX supporters and followers early access to the public sale to ensure everyone gets a fair chance to participate.
The business of BANKEX involves manufacturing fintech products and tokenizing primarily financial assets
Blockchain allows to automate different processes and banks can benefit from it a lot. Accounting, legal and risk parts might be automated. McKinsey & Co. states that blockchain, based on advanced cryptography, might allow doing such operations in the most effective, safe and transparent way in human history. It is very good opportunity today!
Technological progress has presented us with solutions to such issues — organizing mutual trust of participants in the system and trust in operations in the system based on decentralized data storage and automated smart-contracts.
How you can get financial support/investment in your small business from this project:
For this you will need to provide their business idea
Then the professionals will assess, approve
Then it is digitized with the help of "smart contracts", the process of tokenization
The draft introduces a list of your proposed business
Then the participants platform to invest in your idea you execute it
Summer 2017 the BANKEX Proof-of-Asset Protocol ecosystem has two functioning Product Owners — daughter company Findelivery (founded in 2015) and BANKEX Lab (founded in 2016). It was BANKEX Lab that created the Smart Asset Types that you can try out today by using the tokenization demo https:// dev-web-prototype-bankex.azurewebsites.net/
BANKEX is creating the protocol architecture with the goal of creating various types of Smart Assets and in our ideal vision of the future, every type of asset will come to have an Asset Community formed for its development, support and audit.
The idea for this project was a miracle, solved the majority of problems of small businesses. Everyone can participate, help, and earn.
I'll be sure to participate in ICO of this project and in the future to support them. I hope my article was useful. Thank you for reading. Good luck)
SITE http://bankex.com/
WHITEPAPPER http://bit.ly/bankex-the-smart-whitepaper
BITCOINTALK https://bitcointalk.org/index.php?topic=2237161.0
FACEBOOK https://www.facebook.com/BankExchange/
TWITTER https://t.me/bankex
MY BITCOINTALK https://bitcointalk.org/index.php?action=profile;u=1184171
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