Introduction
Technology is progressing everyday and is providing self capability for everyone to start any business they want. Technological revolution has allowed every business to come online and expand it globally. You can now see coffee shops, e-commerce, logistics, restaurants and many are on online today. Thus, they become accessible to everyone. Thanks to a new revolutionary technology called Blockchain and is aiming to provide complete freedom to carryout every business.
Despite having new business tools and services, it is difficult to setup even small sized business. The lack of capital investment is hinders the implementation and development of business ideas. Many visionary entrepreneurs seek financial support from banks, institutions or find big investors. But not everyone are so lucky to find one, many entrepreneurs give up their dreams and many are still struggling.
But now thanks to a team of professionals who are coming up with a perfect solution by creating a project called Bitbond.
Project objective
The main aim of the project is to create a blockchain technology powered decentralized lending platform which provides lending service across 80 countries worldwide. It is worth to note that the Bitbond GmbH is officially licensed company registered in Berlin, Germany. It has received financial license from the Germany's BaFin regulators. Bitbond is the Germany's first blockchain based licenced STO.
Principle of operation
Every business in every country is facing financial problems. Mainly small and medium sized businesses face the lack of funding problems. But Bitbond is came up with a working business model which allow small and medium sized business to get the required amount of financial funding from banks and other financial institutions. Thus, every entrepreneur will utilize this opportunity and can make their dreams come true.
Bitbond provides all the necessary tools and infrastructure for small and medium sized businesses. Thus, the Bitbond's business lending model help these businesses to receive adequate financial support. Thus, they will get necessary support to develop their work.
It is worth paying attention that Bitbond GmbH is a successfully established company in the country of Europe and Africa since 2013. It has successfully accredited more than 3,000 businesses of all type which amounting to 13 million Euros worldwide. Bitbond team will provide 1 million Euros of loan to every business, which is a worthy progress.
Token structure
• Token ticker: BB1
• Blockchain platform: Stellar XLM
• Token type: Stellar XLM
• Token price: €1
Token distribution
Team
Conclusion
It is good to see such a real use case projects are developing on blockchain technology. It is worth to note that Bitbond is the first licensed STO from Germany. Bitbond has secured €5m worth of debt financing to fund loans on its platform. Bitbond has released it's prospectus approved by German regulators. This adds credibility to the project. Thus, small and medium sized businesses will now receive financial loans from the licensed company through blockchain technology. Bitbond is committed to bring new transformations in the field of lending.
Finally I would suggest you to read the official whitpepaper of the project for more details. This project needs much public attention and I wish all the best for this great project.
Learn more about Bitbond:
Website: https://www.bitbondsto.com
Read Lightpaper: https://www.bitbondsto.com/files/bitbond-sto-lightpaper.pdf
Prospectus: https://www.bitbondsto.com/files/bitbond-sto-prospectus.pdf
ANN thread: https://bitcointalk.org/index.php?topic=5130337.0
Telegram: https://t.me/BitbondSTOen
Facebook: https://www.facebook.com/Bitbond/
Twitter: https://twitter.com/bitbond
Medium: https://medium.com/bitbond
Instagram: https://www.instagram.com/bitbondofficial/
Reddit: https://www.reddit.com/r/BitbondSTO/
YouTube: https://www.youtube.com/user/Bitbond
Bitbond affiliate link: https://www.bitbondsto.com/?a=FPWHQE
About Author:
Bitcointalk username: Abhijeetcg
Bounty0x: abhijeetcg
Bitcointalk profile link: https://bitcointalk.org/index.php?action=profile;u=1676105;sa=summary
ETH address: 0x96e95a1F40cf5a50178053740ADE18046815362d
