DEBITUM NETWORK Borderless SME Business Funding Ecosystem

Small business financing also referred to as startup financing or franchise financing refers to the means by which an aspiring or current business owner obtains money to start a new small business,purchase an existing small business or bring money into an existing small business to finance current or future business activity.There are many ways to finance a new or existing business,each of which features its own.There have traditionally been two options available to aspiring or existing entrepreneurs looking to finance their small business or franchise borrow funds (debt financing) or sell ownership interests in exchange for capital (equity financing).

Our product is intends to decentralize the financing process.Currently, all steps of the financing process are carried out by one financial institution in a centralized manner from the very beginning to the very end.As a result, such financier can only operate in the local market due to the lack of infrastructure abroad (otherwise it becomes very expensive).Moreover,the capacity of financing is also limited,resulting in only a fraction of SMEs’ needs being fulfilled.Debitum Network will be an ecosystem where participants from all around the world will perform separate steps of the financing process.Debitum Network is designed to unite borrowers and those who help them apply: investors (lenders),risk assessors,document validators,insurers etc.Companies or individual professionals who work in the alternative finance space can connect-in to the network for free and immediately begin facilitating cross-border deals.Visit to Official website https://debitum.network/

How it Work

Lending money is all about trust and its mechanical gears such as collateral, quantified reputation and fear of punishment.Born in already well established societies,we take the existing business trust culture for granted;we rarely doubt its basics and address the quantitative measurements of business friction costs. However,to solve global credit gap,we should mostly operate in younger countries where business trust is not granted.Using trust based blockchain solution Debitum Network ensures needed trust for all counterparties,especially investors to operate within the ecosystem.

Debitum Network is built as a hybrid platform
Debitum Network is a comprehensive middleware with its core running on Ethereum blockchain and a number of gateways ready to incorporate counterparties who run other standards of distributed applications.Since Debitum Network does not incorporate its own consensus mechanism,its attack to sensitive data resistance and fault tolerance are equal to those of Ethereum’s.For the same reason,Debitum has no internal common mode failure problem.A fundamental limitation of blockchain applications of being expensive is not relevant in Debitum Network’s case because B2B transactions are relatively large.All actions are processed through the Ethereum Blockchain,making Debitum Network a secure and incorruptible infrastructure.It’s made up of an Ethereum-based family of smart contracts,facilitated by one internal means of payment.Transactions run through Fiat currencies,ensuring businesses can actually use the service easily in their locality and from day one.

• Incentives for Investors
  The Debitum Network ecosystem provides Investors with an opportunity to deploy their capital in a trustworthy, diversified manner globally and help SMEs grow. Moreover,usage of blockchain transactions ensure lower transaction costs (especially when considering global deployment of capital),hence Debitum Network allows investors to deploy capital cheaper.
• Incentives for Borrowers
  We believe that borrowers will favour Debitum Network as it ensures access to global financing,faster,more conveniently and with less administrative costs than traditional means.
• Incentives for Other Counterparties
  Various counterparties provide services to Investors and/or Borrowers.Debitum Network allows these counterparties to reach larger,more diversified clients in one global marketplace.For example,Insurers would not be able to work with such a diverse and sizeable portfolio if partnering with individual local companies,hence Debitum Network provides a larger as well as more diversified portfolio,that carries less risk to insure.Other counterparties in the ecosystem include asset verification auditors,risk assessors,insurers,underwriters,investment advisers,debt collectors, legal advisers,debt buyers and investors on secondary markets.Counterparties will receive secure payments using blockchain technology for their services from Investors and/or Borrowers,hence it’ll be easier for them to grow their businesses.

Use Cases
The following are the set of use cases that are architecturally significant to the Debitum Network system

• User management
  Debitum Network users will be able to securely register in system and manage their profiles for providing data for all system participants in different groups.
• Asset management
  Authenticated users will be able to operate with assets as Borrowers,Investors and Fiat Facilitators
• Risk assessment management
  Authenticated users will be able to register in risk assessment communities,provide risk assessment services,manage community as managers.Also,investors, borrowers,Fiat Facilitators will be able to order assets risk assessment and rate risk assessors
• Debt collection management
  Authenticated users will be able to register in debt collection communities.Investors, Fiat Facilitators will be able to order debt collection from debt collection communities and rate provided services

Debitum tokens will be utilized in multiple ways.We’ve analyzed various possible token models,applied the findings to Debitum Network use cases and designed Debitum token to run two key roles within the ecosystem

• A Value Exchange role to build and nurture the Debitum Network economy: Debitum tokens will be spent by borrowers and investors to buy services on the ecosystem with an ability to set the price for the services acquired in accordance with the quantity and quality of services received.The Debitum token will allow all ecosystem users to earn value and to spend it on valuable services in a measured way.
• A Toll role to have counterparty buy-in:
  Debitum tokens will be used as a security to guarantee a counterparty’s delivery of service.Tokens will also be used to run Trust Arbitrage smart contracts that will indicate a trust level of counterparties within the ecosystem.This way tokens will ensure and sustain the credibility of Debitum Network.

Ticker : DEB
Token type : ERC223
Token Price : 1 DEB = 0.32 USD (0.00030 ETH)
Fundraising Goal : 49,000,000 USD (46,000 ETH)
Total Tokens : 400,000,000
Available for Token Sale : 60%
Accepts : ETH

Crowdsale The Stage 1 Crowdsale from December 7th

• Round A : 4,000 ETH
  Step 1: 8,700 DEB for 1 ETH in total,3,750 DEB for 1 ETH during Round A,Additional 4,950 DEB provided for 1 ETH after Round B
• Round B : 20,000 ETH
  Step 2 : 7,800 for 1 ETH in total till 500 ETH raised during Round B
  Step 3 : 7,500 for 1 ETH in total after second step up to 2 000 ETH raised during Round B
  Step 4 : 7,150 for 1 ETH in total after third step up to 6 000 ETH raised during Round B
  Step 5 : 6,850 for 1 ETH in total after fourth step up to 14 000 ETH raised during Round B
  Step 6 (the Main price) : 6,500 for 1 ETH in total after fifth step up to 20 000 ETH raised during Round B

Whitepaper : https://debitum.network/whitepaper
Facebook : https://facebook.com/DebitumNetwork
Twitter : https://twitter.com/DebitumNetwork
Telegram : https://t.me/joinchat/G6KFmURKsu0FIfJetJ3mOA
Linkedin : https://www.linkedin.com/company/24999208/
Blog : https://medium.com/@mliberts
Ann Threads BTT : https://bitcointalk.org/index.php?topic=2321064.0

My Account BTT : https://bitcointalk.org/index.php?action=profile;u=395093