Debitum

Who moves the economy in the developed States on our planet? In the first place — the enterprises belonging to the medium and small format.
Small businesses around the world are forced to work in difficult conditions and are seriously affected by the lack of access to credit resources.
Even if banks want to cooperate with a novice entrepreneur, they often assess the risks as too high and eventually refuse to work. Thus, the way is closed for the banking structure, and for a potential businessman who will not conduct business without receiving initial capital.

Why are banking institutions so reluctant to give loans to small businesses? The main reasons are:
-lack of transparency in entrepreneurship;
-low level of legal, economic education of the entrepreneur;
-lack of guarantees of receiving subsidies from the state;
-the probability that money will not be returned.

The main problems for small and medium businesses:

• high-interest rates; lack of real benefits;
• a long period of study of the application;
• rigid conditions, low level of the client’s knowledge when making a loan;
• insufficient state support;

Debitum Network — this is an excellent solution for small businesses, which currently faces a credit problem. All this is connected with distrust of central and commercial banks to small enterprises and companies, and on the basis of this, these companies can not use all their potential.

The project team wants to combine operations with fiat currency and digital money by creating a highly reliable and efficient blockchain. They are sure that Debitum will cause high interest among investors and borrowers, since lending will mainly be due to confidence in the borrower’s ability to fulfill his obligations to the creditor.

The Debitum platform, based on the blockchain of the Ethereum, aims to free small and medium-sized enterprises around the world from intermediaries and provide them with the means to obtain funding.
Blockchain allows to maximize transparency and trust, allows you to automate processes using smart contracts, and its decentralized nature allows to exponentially increase the number of participants in any solution based on blockchain technology.

The purpose of the Debitum network is to unite borrowers and those who help them apply for funding, investors (creditors), risk assessors, document verification specialists, insurers, etc. The companies and individuals who work in the alternative finance space can connect free of charge to the network and immediately begin work to facilitate cross-border transactions.

How it will work:
First you just make investments in the DEB token. Then, any person who needs a loan for the development of his business makes an application for the right amount on this platform. After that, the creditors who reviewed and approved the project of this creditor give him the right amount for development under a certain deposit. Further, the company that received the money develops and enjoys a good profit. And then the loan amount is returned to investors. This market is very extensive. Borrowers very much. So the demand will always be. And this will be accompanied by a good growth of the DEB token.

The Debitum team consists of specialists in finance and technology with successful experience in creating a working alternative financial ecosystem in Europe

What are DEB token ?

The total number is 400,000,000 DEB tokens, of which 240,000,000 tokens will be sold on the ICO.
According to the information provided on the project website, DEB is a “token, which will be the basis of every transaction on the Debitum network.” Thus, it will become a stable cryptocurrency, which will eventually grow in price as the Debitum ecosystem becomes more widespread. “
Friends, now you have a chance to participate in the second round of sales until February 25, 2018!
The funds raised from the sale of tokens will be used to expand the Debitum group in the target countries, develop software Debitum Network 1.0 and promote Debitum to the target market.

Debitum demonstrates good prospects and concept, despite the high competition in this area. A positive aspect is the use of an open Ethereum network platform, artificial intelligence technology and smart contracts.

https://debitum.network
https://debitum.network/whitepaper
https://blog.debitum.network/
https://www.facebook.com/DebitumNetwork/
https://twitter.com/DebitumNetwork
https://t.me/debitum
https://bitcointalk.org/index.php?topic=2321064.0