DEBITUM NETWORK - Small Business Financing Powered by Blockchain (part I)

Invest in People, Not Ideas

There are always peoples behind ideas! Allways have this in mind when researching some project to invest your money. Who is going to develop, launch and make profitable all that shiny ideas from the whitepaper? Allways ask yourself, would you trust these guys with your money if they are across the table and presenting you their project privately? In the case of Debitum Network project, I would give them my money, and after seeing their advisory board, I would call my mom to invest in this project also.

In the world of small business, there is one big problem, and his name is financing. If small and medium businesses want to start developing, expanding, producing more and becoming profitable, they need a partner in the form of financial institution to support them during this process. In the most cases, they are left outside of the big banking system, without any financial opportunities and chance to grow and progress. This is a problem of really big proportions, and it is measured in trillions of USD per year. I encourage you to read more about this problem in Debitum Network very well written, 88 pages long WHITEPAPER

With automatization of financing for small and medium enterprises worldwide, Debitum Network is going to solve this problem. By creating decentralized blockchain based ecosystem, Debitum Network is connecting SMEs in a secure, and efficient way and allowing them to use its power without a need for a middleman. On the one side of this ecosystem, there will be all interested investors, insurers, risk assessors and document validators while on the other side Debitum will gather borrowers in need for financing from all around the world.

The whole project is placed on Ethereum network and powered by Debitum (DEB) tokens. Use of smart contracts will make Debitum Network reliable, transparent and efficient, plus allow all users safe environment for their business. The more transactions are being made on the network, the more value DEB tokens will have, especially having in mind their limited supply. If team delivers everything from their roadmap through 2018, then DEB token have great chance to become extra profitable for all investing in them during ICO phase. There is already The minimum viable product developed, and you can test it HERE.

In the next Debitum article, I will scan in details all information and calculations regarding their upcoming ICO. I like all project details, the concrete problem that project is solving and its experienced team, but because we will have to wait for Q4 2018 to get the full product delivered and working, the more calculations are needed to see how profitable this investment is.

For more info about Debitum visit their WEBSITE.