Who is Invox Finance?
Invox Finance Pty Ltd was founded by a member of the ABR Finance Pty Ltd team, a successful invoice financing company based in Australia. As our team is currently undergoing an expansion phase, please visit our website (www.invoxfinance.io) to get the latest information about our team. What is Invoicing Financing? Traditional invoice funding is based on a buyer’s invoice from the seller. In return, the financiers agree to advance the money to the seller against each invoice. Buyers who purchase seller products must pay direct invoices to the financiers. What’s the main problem with a traditional Financing Invoice?
The main problem with traditional invoice financing is that the investor who buys the invoice from the seller and promotes 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 really transparent to the investor, and therefore exposes the funder to a considerable risk of an unpaid invoice as agreed or debated.
Overview The Invox Finance Platform
Platform is a distributed peer-to-peer invoice loan platform that will allow sellers, buyers, investors, and other service providers to connect, interact, share, and distribute information. This platform will facilitate an environmental system where trust between the parties is developed through the rewards system in it. Implementation of the transaction and the flow of information does not depend on a single centralized service provider, but is governed by a set of transparent rules run on a fully distributed ledger.
This will further increase the trust of all parties in each other as well as continue the successful completion of each invoice loan transaction. Furthermore, the Invox Finance Platform will provide sellers (who want to borrow funds against their invoices) direct access to individual investors. This peer-to-peer lending environment will benefit both sellers and investors. The seller will be able to obtain financing at a lower interest rate than received from the financier. Investors will be given access to investment products that are mostly currently only available to banks and finance companies. The Invox Finance platform will consist of the following:1. Blockchain or Distributed Ledger2. Dynamic Smart InvoiceContract 3. Smart Loan Contract4. User Access and Processing HubHow does the Invox Finance Platform solve the problem?
The Invox Finance platform is a decentralized peer-to-peer invoice loan platform that will allow sellers, buyers, investors, and other service providers to directly connect, interact, share and distribute information. The platform aims to create an environment of mutual trust by facilitating transparency between parties and satisfactory performance. This platform will disrupt and revolutionize traditional invoice financing by implementing a system in which trust and transparency between all parties are developed through the rewards system it contains. In addition, the implementation of transactions and the flow of information will not depend on a single centralized service provider, but rather governed by a set of transparent rules implemented on a fully distributed ledger. Who will use our system? – Investors seek higher returns and diversify their investment portfolios. – Sellers that have invoices they want to sell to accelerate their cash flow. – Buyers who will receive an invoice payment period are renewed and rewarded for verifying the invoice. Do system users need to know anything about blockchain? No, the user interface on the Invox Finance Platform creates a seamless user experience.
Specifically, the user interface will allow all payments to be made in fiat currency by utilizing our partner banking API. What is Invox Token? Invox Tokens will be created on the Ethereum network using the ERC-20 standard and will have the following utilities: – provide access to the platform through the Trusted Members Program; and – Work prizes are done for the platform. This means the system will reward buyers and sellers with Invox Tokens for invoice verification, invoice payment and settlement. Invox Token – Use case: Access Platform for membership (seller) and reward (when invoice paid and notified) – Available Bounty – Ethereum Platform – Receive ETH
– Investment minimum of 0.1 ETH
– Token Ticker: INVOX
– Token Value: 1 ETH = 10,000 INVOX + any bonus
– Hard cap 20000 ETH
– Maximum supply: TBA start pre-sale March 15
– Australian State
– Whitelist / KYC KYC
– US Banned Area, China
How can I get involved?
We raise funds to develop systems, market services and build communities. The founding team will invest more than $ 500,000 AUD in cash upon completion of the ICO. Invox Finance intends to offer Invent Tokens to institutional and retail investors to help fund the evolution of invoice financing. You can also get involved with joining the Invox Finance community and participating in the rewards program. Why should I participate in Initial Coins Offer? Invox Token will grant the right of its holder to access the Invox Finance Platform through the Trusted Members Program. By participating in the two-stage ICO Invox Finance, you will be provided with
opportunity to get Invox Token at a discount. How are our ICOs run? ICO is run in two parts with a bonus system that rewards participants in pre-ICO as well as during ICO itself. For more information visit: – Website: https://www.invoxfinance.io/ – Whitepaper: https://www.invoxfinance.io/docs/Invox-Whitepaper.pdf – Twitter: https: // twitter. com / InvoxFinance – Facebook: https://www.facebook.com/invoxfinance/ – Github: https://github.com/invoxfinance – Linkedin: https://www.linkedin.com/company/invox-finance/ – Telegram: https://t.me/InvoxFinanceCommunity
– Instagram: https://www.instagram.com/invoxfinance/
– Reddit: https://www.reddit.com/r/InvoxFinance/