What is Invox Finance ..?

Invox - the top project from Australia that will introduce intellectual contracts into invoices, between financiers, sellers, and buyers.

INVOX  FINANCE .

haloo all happy to meet you again here i want to present a program called INVOX FINANCE

INFOX FInance

The [Invox Finance Platform] (https://www.invoxfinance.io/ is a decentralized peer-to-peer invoicing loan platform that will allow sellers, buyers, investors and other service providers to work directly with each other to finance invoices.

Small and medium-sized companies specializing in the sale of products or services often have difficulty maintaining their cash flow. In B2B transactions (intercompany), the seller to compete usually offers a significant payment deadline to the buyer. This delay may vary between 7 and 90 days, but this generosity may cause liquidity problems to the seller to pay its obligations or to expand its business.

To solve this cash flow problem, the company uses a factoring financing system. This system consists of sellers who have sent orders and issued the appropriate invoices, to directly finance the amount of their bills by the credit agency. Upon receipt of the financing from the seller, the seller must then provide the RIB credit institution to the buyer for the invoice payment. Factoring is the best way for businesses to get their initial payments and delegate parts of the collection to third parties in the event of a buyer default. The purpose of Invox Finance is to direct this sector by building a Marketplace that will manage the factoring market. This platform will bring together sellers, buyers and investors, but also third parties such as rating agencies or insurance companies.

Sellers will be able to access billing financing at a more attractive rate as they will be financed directly by individuals, enabling them to fulfill their immediate obligations and accelerate their development. Buyers will receive a bonus when they confirm the authenticity of an invoice issued by the seller. Investors will have access to markets that are currently mostly owned by banks and credit institutions.

Investors will be able to rely on ratings given by rating agencies to diversify their portfolios. The Invox Finance platform will divide each invoice into smaller parts allowing investors to invest in a large number of assets. The Invox Finance platform will be implemented with decentralized blockchain technology. This will build trust from all parties against each other and support the success of any loan-based transaction.

This platform secures all transactions and reduces risk by introducing buyer valuation system and invoice verification by buyer. This eliminates the risk of fake invoices, seller frauds that can subscribe to credit at the level of some credit agencies for certain invoices or who can contract credit and at the same time collect invoice payments made by the buyer. At the platform level, investors will be able to invest in Fiat currency (euro, dollar ...) and sellers will be able to recover their financing at Fiat as well.

Vendors to access investor financing should purchase monthly or yearly subscriptions with Invox Finance tokens, tokens will also pay buyers and sellers when they check or pay bills at the platform level.

For more information on Invox or financing invoices, visit our overview here.

Key Partnerships

Invox recently announced two major partnerships and each will play a key role in the success of this project.

Celcius Network

The first partner announced is Celsius Network. Celcius Network is a decentralized loan and lending platform from P2P.

It may sound like Invox but is less specialized overall. Both platforms will work together this way:

Businesses in Invox will offer invoices to investors.

The lender (Investor) of Celcius Network will provide the financing for this invoice.

In short, Celcius Network will provide a built-in loan base for Invox.

SelfKey

SelfKey is a digital identity platform that allows identity verified through blockchain.

SelfKey will provide KYC and identity verification during tokensale but more importantly will continue to provide its services during the operational phase of Invox.

By partnering with SelfKey, Invox can convince its customers that their money and invoices are safe.

Summary
Invox Finance has paired up with two solid projects that offer vital services, loan bases, and KYC.

Integration with the project will enable the team to focus on its own mission without having to spend time and resources on KYC or direct loan base acquisition.

for more information about our program follow the website below! ! !

Website: https://www.invoxfinance.io/

AnnThread: https://bitcointalk.org/index.php?topic=3048498.0

Twitter: https://twitter.com/InvoxFinance

Facebook: https://www.facebook.com/Invox-Finance-162381191061327/

WhitePaper: https://invoxfinance.io/docs/Invox-Whitepaper.pdf

Telegram: https://t.me/InvoxFinanceCommunity

Author           : Raditya119

Address         : 0xb05e97cCA79F2562D2874c2E4E88EDD73C5eeD33


Profill Link     : https://bitcointalk.org/index.php?action=profile;u=1840762