The Invox Finance Platform is an invoice lending platform taking advantage of the US$2.8 trillion invoice financing industry. The group at ABR Finance Pty Ltd is behind Invox Finance. ABR Finance is a fruitful invoice financing organization and has helped subsidize organizations all through Australia with A$30 million in invoicing.
ABR will likewise turn into the Invox Finance's first client, which consider numerous venders and purchasers to test the Invox Finance Platform with ABR Finance as the trustworthy financial specialist.
The Invox Finance Model
We intend to disturb and reform the conventional invoice finance industry by actualizing a worldwide dispersed shared lending platform called the Invox Finance platform.
This platform will totally take out the requirement for an agent's association by interfacing organizations that desire to quicken their income through offering their invoices, specifically with investors who wish to finance these invoices.
Highlights
Decentralized Platform:
The Invox Finance Platform will permit dealers, purchasers, investors and other specialist co-ops to specifically interface, cooperate, share and appropriate data.
Lower Rates for Sellers:
Merchants will have the capacity to acquire financing at bring down loan costs than those regularly got from conventional lenders who work outside the blockchain.
Dynamic Invoices on a Distributed Ledger:
Dynamic invoices give all gatherings the capacity to refresh invoice data in realtime, guarantee unchanging nature and oversee touchy data get to.
Uniting All Parties:
The Invox Finance Platform keeps up trust and straightforwardness between all gatherings through permissioned access, confirmations, and an in-constructed compensate framework
Guide Access to Investors:
The Invox Finance Platform will give merchants guide access to singular investors. This new direct lending condition will profit the two dealers and investors.
A New Way for Investors to Diversify:
The Invox Finance platform will open investors to credit items including advance parts from numerous different organizations crosswise over different industry areas.
Decreasing Risks:
Invoice advances will be divided into littler augmentations enabling investors to buy credit sections to decrease their hazard profile and increment their expansion.
Who will utilize Invox Finance Platform?
Dealers who have invoices they wish to pitch to quicken their income
Investors looking for higher rates of return and expansion of their speculation portfolio
Purchasers who will get broadened invoice installment periods and be remunerated for confirming invoices
How does Invox Finance vary from Populous?
As of now, Invox Finance just has one other rival in the blockchain space. We offer an extraordinary dynamic invoice show and divided advance framework, guaranteeing the most ideal experience for dealer, financial specialist and purchaser. Albeit the two ventures were established as of late, our group has been working inside the invoice financing part since 2012 and has effectively supported independent companies with more than 30 million dollars.
A more itemized correlation of the two activities can be found on page 16 of our whitepaper.
Invox Tokens
In conjunction with the Invox Finance platform, an Invox Token will be created on the Ethereum Network.
PROVIDE ACCESS:
Invox Tokens will provide sellers with access to the Invox Finance Platform. Through the Trusted Member Program each seller will be required to pay a certain amount of Invox Tokens as a yearly membership to gain access to the platform.
REWARD WORK PERFORMED:
The system will reward buyers and sellers with Invox Tokens for the verification and payment of invoices.
Initial Coin Offering
The rationale behind conducting the ICO is to pre-sell membership to the system through the sale of Invox Tokens.
Invox Tokens will entitle holders to access the Invox Finance Platform through the Trusted Member Program. By participating in the Invox Finance two-stage fundraising process, you will be provided with an opportunity to aquire Invox Tokens at a discount.
The ICO will be conducted in two parts with a bonus system rewarding participants in the pre-ICO as well as during the ICO itself. The maximum amount of Invox Tokens being minted will be released at the start of the Pre-ICO, along with open source smart contracts on our Github.
For more Information please visit links below:
Website:https://www.invoxfinance.io/
Whitepaper: https://www.invoxfinance.io/docs/Invox-Whitepaper.pdf
Twitter: https://twitter.com/InvoxFinance
Telegram: https://t.me/InvoxFinanceCommunity
Authored by Lelvin: https://bitcointalk.org/index.php?action=profile;u=1275173