INVOX FINANCE : Decentralized platform for peer to peer lending of invoice.

PROBLEM OF FINANCING

In the world of financial marketing, each business has different agreements with its various employees and contractors. Mainly the people involved in the small businesses face the problem of cash flow. The business which is related to the supply of goods and services struggle every day to solve their cash flow problem. The most of them are unable to meet their daily needs and commitments because of the lack of cash being generated on the daily market. Apart from this scenario, in the current market, there is a big problem in the traditional invoice financing. Let us take an example from our daily life for illustrating more on the topic of invoice financial problem. A man is occupied with the matter of transportation. He used to offer day by day conveyance benefit the country over. His business generally gets paid for his administrations in 80-90 days after the receipt for his administration is issued. It implies that on a normal, it might take no less than 60 days for getting paid of the administration gave. Because of this reason he will come up short on money for his business since he needs to pay his drivers inside 10 days of the administration, he needs to meet the fuel cost and other support expenses of his business. Without additional subsidizing, he will be stuck in an unfortunate situation for proceeding with his business.

In this manner, to illuminate such circumstances in the money related market the idea of INVOX FINANCE has been created which will bolster the representative in the issue of being come up short on money. The invox back stage expects to build up a trusting domain by giving straightforwardness between the gatherings and remunerating the individuals according to their execution. This stage will revolutionalize the current framework in the back market and will make things straightforward and productive.

Solution offered by INVOX FINANCE

The invox finance is a decentralized platform which is for peer to peer lending of invoice. This platform will allow a direct connection between the buyer, seller and the investor which will facilitate them for sharing and distribution of information. Thus it will add transparency to the invoice lending process. In addition, in the invox finance platform, all the flow of information and transactions will be handled by a single service provider which will add more trust in the platform with the use of a certain set of rules based on the current market scenario

In the conventional receipt financing, the lender obtained the receipt from the merchant and in this manner the agent prepares to give the propel cash to the vender against every one of the solicitations however the term is the purchaser needs to straightforwardly pay the cash to the agent in view of the receipt. Such scene makes a trust issue between all the including parties in the exchange.

The accompanying are the highlights which recognize invox fund stage from the customary receipt back framework

The merchants will have the capacity to get the cash from the agent at low rates of premium.

The new path for the financial specialists will be started which will help them to come up and bargain in the mechanical area.

The invox fund stage is a completely decentralized stage in which every one of the gatherings interfaces with each other and starts straightforwardness in their data and exchanges.

The merchants can get the immediate access to the financial specialists with a shared loaning condition which will include advantage for both the vender and the speculators.

The accompanying are the highlights which are inserted in the invox fund stage

Advances shrewd contracts

Client access and handling center point

The blockchain and Ethereum organize

Dynamic receipt savvy contract

Mechanics and advantages

Accessibility: Governing accessibility and also using this financial system of Invox. In other words, regulate the expressions and terms of use of this machine for each individual consumer (that is, the supplier, buyer, buyer along with some other third-party provider).

Plawful: It governs the general legal conditions and the terms of the connection, the monetary stipulations and also the capital flow between its supplier, the buyer and also the customer, and also the payment of the invoices.

Interaction: observe the interaction that involves different parts of Invox's financial system. Significantly, the discussion that involves the Sensitive Bill Dynamic Contracts, the Sensitive Financial Loans Contracts together with the accessibility of the User along with the Processing Axis.

Tokens: Cards acclaimed for wise contracts can be easily auditable and transferable. Even wise contracts allow Invox tokens to be used cheaply on the stage along with enough bandwidth.

Transparency: Any interested party, who obtains the consent, can see the details of the operation in the blockchain's general ledger.

Reduced risk of fraud: The wise contracts, with verifications of invoices, reduce the possibility of manipulation and fraud of almost any social gathering. There are sensible contracts around the distribution ledger and therefore can not be manipulated or socialized by a celebration.

Reduction of the danger of the counterpart: Once the exchange is established directly between your celebrations and unfolds in the block chain, the implementation of the conditions of the wise contract can not cease, center itself or be manipulated.

Decentralized: The wise contracts eliminate the possibility of waiting for the centralized supplier to maintain the integrity of its commerce. The provider of the agency does not need any direct participation in the management of the implementation of the details of the intelligent agreement and also the capital flow that involves the celebrations .

TOKEN:

INVOX Token

Use case: access to the platform for members (sellers) and rewards (when invoices are paid and verified)

Bounty Available

Ethereum Platform

Accepting ETH

Minimum investment 0.1 ETH

Hard cover 20000 ETH

Maximum supply: beginning of pre-sale TBA on March 15

Country Australia

Whitelist / KYC KYC

Restricted areas EE. USA, China

ICO details for INVOX FINANCE

The token associated with invox finance is known as INVOX token. The platform for the token is Ethereum. The value of 1 INVOX is 0.0001 ETH. The total hard cap associa

Team of visionaries:

 Affiliates:

with the token is 20000 ETH. The maximum supply of the token will be 464,000,000.

Conclusion

The invox finance platform is very revolutionizing which will connect all the parties and will add trust in them. This platform offers equal benefits to each of the member associated with this platform. With the traditional invoice finance system, most of the sellers, buyers and investors were facing serious issues which were especially creating a problem for the small businesses to stand in the current market.

Links of interest:

Website: https://www.invoxfinance.io/

Report: https://www.invoxfinance.io/docs/Invox-Whitepaper.pdf

Facebook: https://www.facebook.com/Invox-Finance-162381191061327/

Twitter: https://twitter.com/InvoxFinance

Instagram: https://www.instagram.com/invoxfinance/

Telegram: https://t.me/InvoxFinanceCommunity

Authored by Danny_yell: https://bitcointalk.org/index.php?action=profile;u=1273420