Invox Finance A Solution to Small Business Cash Flow Problems with Affordable and Low-Interest Financing.
Hello that such friends today is a good day I bring you a good financial project and is that invox Finance is a platform already based on blockchain with a very high level of transaction security and transparent transactions. In this case, Invox Finance creates a decentralized point-to-point invoice lending platform that allows sellers, buyers, investors and other service providers to directly connect, interact, share and distribute information. This platform will completely eliminate the need for financial participation by connecting companies that want to accelerate their cash flow by selling their invoices directly to investors who want to finance these invoices.
Invox Finance creates a decentralized platform of disposable credit invoices, allowing sellers, buyers, investors and other service providers to communicate directly, interact, share and distribute information. Currently, the industry is limited by financing: high interest rates, lack of contact between parties, high risk, lack of investment in various disputes, fraud, insolvency. INVOX Finance's decentralized platform allows you to create dynamic distributed book invoices, helping all parties to increase credibility, transparency, efficiency and security with minimal commission.
Key Features
Lower rates for sellers
Sellers will be able to obtain financing at lower interest rates than they normally receive from a traditional lender.
New investment opportunity for investors
From now on, most of the investments made in invoice financing are made by large banking organizations. The invox financing platform will allow all types of investors to make investments in the case of invoice financing.
Dynamic Invoice
Blockchains allow blocks representing invoices to be displayed and tamper-proof. This allows all participants in the ledger to see the status of the invoice over time. All information, such as the status of invoice verification, down payments made against invoices and incoming payments will be stored securely in the block chain. They will also ensure that the information stored in the book is transparent, reliable and secure.
Smart Contract Loan
Smart contracts will be responsible for directing funds from one party to another when their terms are met. The terms and conditions of the loan will be codified in the smart contracts, providing all participants with the certainty that their terms and conditions will be enforced.
Disadvantages of the Traditional Financial System
No direct contact
The financier has no relationship with the buyer, which puts the financier at significant risk.
Invalid invoices One
Seller may issue an invoice for an incomplete service or product that does not meet the requirements.
High legal costs The
preparation and execution of legal documents is costly and usually involves third-party providers.
Misleading actions.
The seller and buyer can conspire to deceive the financier. Or the seller may break your agreement and request a direct payment.
Disputes
The buyer may defy the responsibility of payment and leave the other parties out of his pocket, jeopardizing his reputation.
Insolvency.
The buyer may become insolvent and cannot pay the invoices, forcing the other parties to tolerate the loss of funds.
Project Advantages
Barrier-free
Trust and transparency between all parties is facilitated through authorized access, verifications and an in-built reward system.
Lower rates for sellers
Sellers will be able to obtain financing at lower interest rates than those normally received from a traditional lender.
Diversity for investors
Investors will be granted access to an investment product that is generally only available to banks and finance companies.
Dynamic Invoices
Dynamic invoices allow all parties to update invoice information in real time, ensure immutability and manage access to sensitive information.
Connecting Sellers to Investors
Sellers will have direct access to individual investors. This new peer-to-peer lending environment will benefit both sellers and investors.
Installment loans
Invoice loans will be fragmented, allowing investors to buy loans from a larger group, increase their diversification and reduce their overall risk profile.
Solutions Offered
Invox Finance is building a decentralized platform that connects key ecosystem stakeholders; buyers, sellers and financiers. They will be part of a peer-to-peer network, which is very secure and transparent compared to traditional bill financing. By creating a Dynamic Invoice, this platform allows each entity on the platform to take advantage of the services offered by Blockchain technology.
Token
Token Name: INVOX
Price per token: 1 INVOX = 0.0001 ETH
ICO Start date: 15 April 2018
ICO End Date: May 15, 2018
Coins accepted: ETH
Minimum contribution: 0.1 ETH
Team
Alex Mezhvinsky Co-founder
Adam Mezhvinsky Co-founder
Daniel Tang Co-founder
Victoria Mezhvinsky Legal Advisor
José Luis Ramírez Lead Software Engineer
Lucas Cullen Lead Solidity Developer-Contractor
Henry Sit Business Development Manager
Advisors
Alex Mashinsky Strategic Advisor
David Lu Investment Advisor
Jp Thor Crypto Advisor
Michael Bacina Legal Advisor
Mo Famdouna ICO Marketing Adviser
Boris Mezhvinsky Investor Angel
Chris Mcloughlin Community Advisor
Kyle Hornberg Operations Advisor
James Waugh Tokenomics Advisor
Important Links
Author
User: Criptosistemas
Profile: bitcointalk: https://bitcointalk.org/index.php?action=profile;u=1425520
Wallet: 0x10aF61e98fB8264d9dc653a32D60319591B303bf
E-mail: [email protected]
Invox Finance is a blockchain-based platform with a very high level of transaction security and transparent transactions. In this case, Invox Finance creates a decentralized point-to-point invoice lending platform that allows sellers, buyers, investors and other service providers to directly connect, interact, share and distribute information. This platform will completely eliminate the need for financial participation by connecting companies that want to accelerate their cash flow by selling their invoices directly to investors who want to finance these invoices.