Debitum Network is an interesting concept. It is a blockchain based SME financing company. Normally, Bank is the ultimate destination for the small business owner. With the help of blockchain technology, Debitum Network will reduce the dependency on Bank.

Leveraging Blockchain technology to secure and distribute fiat investments to the SME world.

Please check the Youtube video of Debitum Network below.

Debitum network won ICO pitch competition at d10e Gibraltar, the leading international conference in decentralization. Debitum network is a bridge among investors, borrowers, documents validators. It is also supposed to provide cross-border financing solution. Source:debitum.network

Hybrid Platform

Debitum network are processed through ethereum blockchain with the help of smart contracts. It is a hybrid platform. Fiat transactions occur in a blockchain environment.

How does it work:

• An individual person like you and me can contribute the Debitum Network and received a token DEB.
• Our money will be given to the borrowers with interest
• This is just like bank but in a blockchain environment

Currently, DEB crowdsale is going on. Only 400 million tokens are available.

source: debitum.network

There are hundred of ICO is introduced in each week. Research your ICO before investing.

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First Image Source: Debtum.Network