PayBlok is a token developed for solving small and medium size business cash-flow by offering an early payment function over the current features on the InstaSupply platform, which effectively supporting the trade of more than 2300 organizations, and is developing day by day.
Brief about the organization
InstaSupply was established in late 2014 by Lee Pruitt and Tim Huegdon with the vision to disentangle all buyer and supplier business interaction on the web; conceived out of their related involvements in the industry. InstaSupply have invested considerable amount of time and capital in building and refining a vigorous work process that captures, digitizes, and automates all the processes of payment. While revolutionize existing processes in business related to ordering, delivering, invoicing, and accounting have been a key focus, overseeing payments has dependably been the organization overall business objective since beginning. Supported through rounds of financing since deployment, the organization has assembled a group of profoundly experienced experts who build up the platform, locally available and manage a large number of organizations, and have processed more than $60 million in transactional value.
Highlights features of the platform
Real-time tracking: Businesses will have the capacity to track all the spending and payment exercises on a diverse locations and currencies.
Customer- supplier boarding: The platform offers custom onboarding and training for your service providers.
Mobile interface: The platform is user friendly and available on mobile app, which permits individuals on the move to utilize it.
Record all transactions: The platform is highly easy to use for controlling all orders and deliveries across the business because of the utilization of blockchain innovation.
Custom approvals: The platform gives exclusively mapped approvals to all purchases and invoices
Professional customer care: The platform's customer care team are constantly accessible to guarantee the accomplishment of platform on your business.
This token permits the scope of items:
Asset Based Lending
The loaning depends on utilizing the PayBlok tokens that will be utilized as the gurantee. On the off chance that the loan isn't reimbursed, InstaSupply will take the PayBlok tokens that will be utilized as collateral.
An Integrated Payment Solution
The total purchasing cycle will stay on our platform, which will bring an end to manual processes, for example, reconciliations and exports. This will guarantee the security of the data and will prevent dangers and mix-ups related with the transferring of data between different platforms.
Supply Chain network Financing
Supply chain financing will be feasible since there will be a feasible platform situation that allows the effective working process, automatic invoice approvals, and an incorporated payment solution on the platform.
Supplier will be furnished with supply chain financing on a very simple bureaucracy processes. The supplier will receive capital under 24 hours and this procedure will be straightforward and transparent as a result of the utilization of blockchain innovation.
Token ICO Details
The PayBlok token supply will be cap at 250,000,000 and 60% of these tokens will be issued amid the token sale.
https://payblok.instasupply.com/
https://assets.ctfassets.net/5vuk877t9hxd/3NAfrZaazmEk6emsaikqiW/87fb62e129789d978720d85d56c49e0e/payblok_whitepaper.pdf
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