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Friday 27 April 2018

INVOX Finance - Invoice Lending Platform On The Blockchain

    In the business world especially trade demands in building and extending the reach of business is so large that it can compete to master the consumer in the business world, to realize all this necessarily required capital, tools, and experience, but generally the problems often found in the business world are many traders who do not can compete because of capital factors, traders often expect invoice loans from a company, and some choose to borrow capital from banks, but this is common in the world of commerce.

    Talking about the existing tax infrastructure issues in economic infrastructure and trade (buying and selling). In the case of taxation known as the term tax invoice. the invoice is a transaction document used as a receipt for payment made by the seller to the buyer. invoices are certainly required for sale and purchase transactions as evidence. These invoices are often used by companies to sell their products on credit to merchants, but most of them are unaware of the invoice financing and the process is sometimes not transparent and full of secrets, so the Invox platform is here to deal with the problem.

What Is Invox?

    Invox is a decentralized platform that offers Blockchain technology invoice loans, where merchants or sellers will get transparency from every process that goes from start to loan to invoice sales, smart clever use will provide solutions and options for traders, sellers, and investors.


     The use of smart technology with Platform contract will provide transparency in every transaction that occurs, every trader, buyer and investor can know the whole process of their transaction in detail, this technology will also connect directly between the seller, buyer, and investor so that all parties are directly involved in the transaction, and of course this will save time.

The Purpose Of Invox

    Invox aims to be a smart solution for the future By combining blockchain technology. Blockchain technology is the best solution for inefficiency or waste, especially in the financial sector. Transactions exploitation Blockchain technology area unit peer-to-peer, in the sense that information (can be messages, money, or vital information) is stirred from one user to a different while not the assistance of a third party to process it.

    The Invox Finance platform is a decentralized peer-to-peer platform loan invoice that will allow Seller, Buyer, Investor to use the Invox Finance Platform, which aims to create a trusted environment by facilitating transparency between parties and satisfactory performance. This platform will revolutionize traditional invoice financing by implementing a system where trust and transparency between all parties are developed through the rewards system that is in it.

How Invox Works?


  • First Transaction - Invoice financing is based on the financier purchasing invoices from the seller. Once the financier approves a seller for an invoice finance facility, the financier will agree to advance monies to the seller against each invoice. When the vendor problems the invoices to a client, the vendor can request funding from the financier against these invoices (usually up to 80%of the face price of each issued invoice). The financier will then advance the agreed amount to the seller. The financier will be relying on the invoices to be paid directly to them by the buyer in due course, in order to have their invoice finance loan repaid.
  • Second Transaction - The financier will then require that the payments for all issued invoices are made into a bank account that is controlled by the financier. The seller can appraise its customers (buyers) of the new checking account details and every one future invoice payments can be created into that account.
  • Third Transaction - When the financier receives a full payment for a funded invoice from the buyer,  it will return the balance of the invoice value to the seller less its fee. Usually, this is 20% less any fees or interest.

ICO (Initial Coin Offering)

  • Token Type - Utility Token
  • Token Ticker - INVOX
  • Token Network - Ethereum (ERC20)
  • 1 INVOX - 0.0001 ETH
  • Pre-sale Max Cap - 2.941 ETH
  • Pre-sale Minimum Buy - 1.0 ETH
  • Max Cap - 20.000 ETH
  • Main Sale Minimum Buy - 0.1 ETH

Sale Structure


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Team


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Partners



For more information About Invox, Please visit the link below:

Created By: INAQAMAQQU
Bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=1113323
Telegram: @inakamakku
ETH Address: 0xb01ED849a9f602cb01b62A5072d79182bc230f20

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