Invoxfinance.io- a decentralized platform to connect all invoice parties

peterhughe (26)in #distributed • 6 years ago

Are you looking for an alternative platform, where you can easily sell and purchase invoice? If yes, then invoxfinance.io is the best platform and option available in front of you. Currently, invoice financing creates more risk for invoice sellers, buyers and investors and does not create a proper relationship between all these parties. But, this is a decentralized platform that not only connects all parties together, executes terms and conditions but distributes rightful information to all with confidence and visibility. But, there are many who do not know about this platform and often consider traditional invoice financing best. If you are one among, then this article is best for you as it entails this platform in detail.
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All about invoxfinance.io
It is a platform which was created by ABR finance team, which is basically an invoice financing company. The team of experts has created this platform so that they can create a pure and trustworthy platform for all parties that include invoice sellers, buyers, and investors. On the other hand, where traditional invoice financing is completely based on invoice seller and financer purchasing, this platform is completely different from this. Here on this platform, every invoice financer agrees to pay in advance to the seller for every invoice purchased. And buyers who purchase those invoices pay those invoices to the financer. Thus, it is a clear-cut concept that is based on transparency and trust.
Key issues related to traditional invoice financing:
There are various issues related to traditional invoice financing and the key issues is that financer who purchase invoice from sellers and make advance funds against it. Thus, it does not have any relationship with the buyer. The financer only trusts that information that is offered by sellers to them. As a result of it, the basic relation between buyer and seller is not transparent and exposes both financer and seller to risk.
How invoxfinance.io solve these problems?

As we have already told that it is a decentralized platform that offers peer-to-peer lending service. Thus, it allows buyers, sellers, and investors to directly get in contact interact and share information. Its main aim is to create a trustworthy platform that facilitates trust and transparency among buyers and sellers and rewards them for their performance. It revolutionizes and disrupts invoice financing by creating and implementing a proper system for all parties. In addition to this, the transactions and sharing of information will not be restricted to only one service provider but it is governed by a set of rules that are transparent and executed on the distributed ledger.
Who all can use this system?
Investors who are in need of higher rates on their returns and need diversification on their investment can join and use this system. Sellers who want to sell their invoices and want to accelerate their cash-flow can also use it. And mainly, buyers who can receive invoice payment and reward on verifying their invoices.
About invox tokens
Buyers who are rewarded on verifying their invoices get invox tokens that are created on ethereum network that makes use of ERC-20 standards and get several utilities like getting access to trusted member program; get rewards on your working. This means that sellers and buyers will get tokens for their invoice payment, verification, and settlement.