INVOX FINANCE: The Revolution In Financial Market….Provide Invoice Lending On Blockchain…….
Introduction
The financial market is increasing rapidly but with this growth scenario, there is various situation will occur which create various problems. The financial market consists of different agreements which are between the business employees, contractors, and the individuals who are involved in a business related to goods and services. Now there are so many problems such as lack of cash generation in the market, problems in financial traditional invoicing etc.
Therefore, to tackle this problem and to avoid such situations in the financial market, the platform Invox Finance has been developed which is based on the blockchain. The platform Invox Finance aims to develop a reliable environment which is transparent and trustworthy and which revolutionize the whole financial market. Invox Finance is developing a transparent environment for invoice lending between peers. The Invox finance is using blockchain which is very secured and reliable.
Solution Offered
The Invox finance is a decentralized platform which changes the traditional concept of invoice financing, where the buyer purchases an invoice from the merchant for the seller in order to receive cash quickly. The platform also going to develop a rewards system. All the transactions will be verified and executed by using smart contracts on the blockchain.
The platform Invox Finance enables direct connections between sellers, buyers and investors, which will increase transparency to the invoice loan process. The flow of transactions and information will handle by the single service provider which will utilize a certain set of rules which is based on a current market scenario that will also increase the confidence to the platform.
Invox Finance Ecosystem
The Invox platform is composed of:
1.Dynamic Invoice Smart Contracts
with this paper invoice converts into a smart contract.
2.Loan Smart Contracts
It includes data pertaining and loan terms to the distribution of funds.
3.User Access & Processing Hub
The user interface and the processing hub includes the users, sellers, buyers or investors who will organize a business for verifying and purchasing the loans.
4.Bank API Integration
It enables loans to be in fiat and to be paid in fiat and this integrates Invox banking partners with the system.
Three Entities Involved In Invoice Financing
1.Buyer
2.Seller/lender
3.Financier
ICO Details & Team
Token – INVOX Token
1 INVOX -- 0.0001ETH
Total hard cap -- 20000 ETH
Maximum Token supply -- 464 million
ICO Pre-sale -- March 15th
Pre-sale cap -- $2.5 million
Presale participants -- Receive 30% discount
Minimum purchase -- 1 ETH
Crowd-sale opens -- April 15th
Minimum 1ETH – No Individual Cap
Token Distribution
Team
Conclusion
The platform Invox Finance is converted the traditional way of finance and innovate the financial invoice lending process which is based on blockchain which is secured and quick. Therefore the finance not only converts the financial system but also increase the reliability of platform which connects all parties on one platform.
Therefore the Invox Finance seems to be very promising platform because it will utilize the advanced technology which minimizes the problems by giving accurate solutions with innovative features. With the help of blockchain technology, it will grow higher and higher with new inventions.
Stay tuned for more updates…Thank you…!!!
For More Information Please Follow:
Website:http://www.invoxfinance.io/
Whitepaper: https://invoxfinance.io/docs/Invox-Finance-Platform-White-Paper-Version-1.03-24-Jan-2018.pdf
Facebook:https://www.facebook.com/Invox-Finance-162381191061327/
Twitter:https://twitter.com/InvoxFinance
Telegram:https://t.me/InvoxFinanceCommunity
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