Debitum Network

Debitum Network is an innovative hybrid ecosystem for small business financing - utilizing Ethereum blockchain based process together with principal and interest moved using fiat. This ecosystem based on decentralized and motivated communities brings together SME borrowers, local and regional risk assessors, debt collectors, insurers as well as global investors with interconnected trust-based smart contracts.
Debitum is an existing business in alternative finance for 3+ years. There is a global credit gap for SMEs of more than $1.5 trillion worldwide. We want to disrupt and revolutionize this by creating a new ecosystem - Debitum Network. It will be a blockchain and trust based ecosystem joining various players (investors, risk assessors, document valuators’, insurers etc.) to complete end-to-end financing loop for SMEs.
It is very important to have a process based solution here as only such approach allows for a mix of local / global players to close the financing gap, earn money on their services and provide needed juice for SMEs growth and development. Traditional finance institutions are failing hard on this issue for ages - it is time we take it in decentralized hands and solve.
There are mechanisms prior to investment, like risk assessment, so you know what you’re investing into and insurance that can insure you against bad debt. But there are also post investment mechanisms like debt collection service that works to get as much money back as possible and secondary market that allows you to sell your investment with a discount to liquidate it.
In general one should expect up to 5% of loans to have certain payback issues (be delayed, partly repaid, bad debt), but that is compensated by higher interest rates. So as long as you invest in a wider portfolio of loans you should be safe.
We use blockchain as a backbone and a backend technology to ensure smooth and trustable process. At the same time, we use fiat for loans, as this is what is needed by businesses at the moment. We feel that such “hybrid” solutions will ensure adaptability of Debitum Network by customers, investors and service providers. User experience of our solution will ensure that users will not have to break their minds on how to use crypto, rather they will use a service run on a blockchain and utilizing crypto as an internal token.
Debitum Network is designed to unite borrowers and those who help them apply: investors (lenders), risk assessors, document validators, insurers, etc.
Companies or individual professionals who work in the alternative finance space can connect-in to the network for free and immediately begin facilitating cross-border deals.
Debitum Token economy
The more loans processed via Debitum Network, the more DEB tokens are needed
As all service providers need to freeze some tokens, DEB token supply is limited
In crypto world, increased token value often represents that the company is evolving rapidly.
Based on DEB token usage within its lifetime for each loan, total needed to buy DEB tokens will surpass total ability to sell DEB tokens, thus creating upward pressure on DEB token price. Debitum Network is solving the $2 trillion problem, therefore growth potential is huge.

ETH Address: 0x1f770746342Bbd9D5Ce433D97C531273f13E5980