INVOX FINANCE
ABR Finance Pty Ltd team is behind Invox Finance. ABR Finance is a successful invoice finance company, helping businesses across Australia with $ 30 million in invoicing.
Invox Financial Platform is a billing distribution platform for the billing industry with $ 2.8 trillion.
ABR will also be the first Invox Finance customer to enable multiple sellers and buyers to test the financial asset finance platform with ABR Finance as a lead investor.
It's time for a change in invoice financing
The main problem with traditional invoice financing is that the investor buys the bill from the seller and presents funds against it, has no direct relationship with the buyer. Financiers only trust the information provided by the seller. As a result, the relationship between the seller and the buyer is not entirely transparent to the investor and therefore exposes the investor to the risk of unpaid bills as agreed or disputed.Traditional questions about invoice financing
Summary of potential problems
Sellers and buyers can unite or conspire to deceive the investors.
Seller may issue invoices for incomplete services or products that do not meet agreed specifications or conditions.
Buyers may dispute the obligation to pay.
There is also a problem with the complexity of the process and related legal documentation. The creation and execution of legal documents is time consuming and may affect some third party providers
Buyers can go bankrupt and not pay their bills.
Sellers who violate their transactions with investors may instruct buyers to pay bills directly to them and not refund to the financiers.
Inbox financial model
We plan to revolutionize and revolutionize the traditional accounting finance industry by implementing a distributed global peer-to-peer loan platform called Invox Finance Platform.
This platform will completely eliminate the need for investor participation by directly connecting companies that want to accelerate their cash flow by selling their invoices to investors who want to finance these bills.
The price is cheaper for the seller
Sellers can obtain financing at lower interest rates than they usually receive from traditional investors operating outside the block
Dynamic invoices in ledgers are distributed
Dynamic invoices allow all parties to update billing information in real-time to ensure protection and access to sensitive information.
The platform is decentralized
Invox Financial Platform will allow sellers, buyers, investors, and other service providers to directly connect, interact, share, and distribute information.
Bring all parties together
The Invoks Financial platform ensures trust and transparency between all parties through permitted access, verification, and reward systems.
Direct access to investors
Invox Financial Platform gives sellers direct access to individual investors. This new direct credit environment will benefit both sellers and investors.
A new way for investors to diversify
The Invox Finance platform will introduce investors to loan products consisting of loan shards from companies in various sectors.
Reduce the risk
Invoice loans are broken down into smaller ones so investors can buy credit shards to reduce their risk profile and increase their diversification.
Who uses the INBOX financial platform?
Access
The Invox token grants the seller access to the Invox Financial Platform. Through the Trusted Members Program, each seller must pay a certain number of Invox tokens as an annual membership to gain access to the platform.
Invox token
In conjunction with the INVOX financial platform, Invox Token is created on the Ethereal Network
Award system
The system rewards buyers and sellers with Invox tokens for verification and bill payment.
nitial coins offer
The reason behind ICO is to prioritize system membership by selling Invox tokens.
The Invox Token entitles the Rightholder to access the Invox Financial Platform through the Trusted Members Program. By participating in Invox Finance's two-step fundraising process, you have the opportunity to receive Invox tokens at a discount. The ICO is carried out in two parts with a bonus system that rewards the participants before ICO and also during the ICO itself. The maximum number of Invox tokens printed will be published at the beginning of Pre-ICO along with our open source smart contract with Github.
Roadmap and destination
Stage 1
In the initial phase, the team invests more than $ 500,000 in cash in Invox Finance. This investment will be used to build the initial community, develop this whitepaper, prepare for the ICO, build the system framework, and most importantly, the Dynamic Invoice Smart Contract Engineer.
Stage 2
The main goal is to complete the pre-ICO phase, begin development of the minimum product (MVP), and complete the full ICO.
Stage 3
Once fully funded by ICO, we will complete the MVP and begin rigorous user testing to ensure the release of quality products.
For more information:
Website: https://www.invoxfinance.io/
White Paper: https://www.invoxfinance.io/docs/Invox-Whitepaper.pdf
ANN topic: https://bitcointalk.org/index.php?topic=3048498.0
Bounty Thread: https://bitcointalk.org/index.php?topic=3063980.0
Facebook: https://www.facebook.com/Invox-Finance-162381191061327/
Twitter: https://twitter.com/InvoxFinance
Telegram: https://t.me/InvoxFinanceCommunity
by: cahaya langit
Profile: https://bitcointalk.org/index.php?action=profile;u=1410267
eth: 0xe644f20470484cD2322F503a31732DCbb591bA69
