INVOX FINANCE - The new financial world

in blockchain •  6 years ago  (edited)

The new financial world of the blockchain

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The Invox Finance Platform is an invoice lending platform tapping into the US$2.8 trillion invoice financing industry.

The team at ABR Finance Pty Ltd is behind Invox Finance. ABR Finance is a successful invoice financing company and has helped fund businesses throughout Australia with A$30 million in invoicing.

ABR will also become the Invox Finance’s first customer, which allow for multiple sellers and buyers to test the Invox Finance Platform with ABR Finance as the reputable investor.

Finance Invox Finance What is blockchain?

Invox Finance is a blockchain-based platform with very high transaction security and transparent and secure transactions for users. In this case, Invox Finance creates a decentralized peer-to-peer lending platform that allows sellers, buyers, investors, and other service providers to connect directly, interactively, and Share and distribute information and ensure transparency for both investors and buyers. This platform will completely eliminate the need for a financier's involvement by connecting businesses that want to accelerate their cash flow through the sale of their invoices, directly to investors. To sponsor dynamic invoices, Dynamic Invoice allows all parties to update billing information in real time, ensure immutability and manage access to sensitive information.

Summary of potential problems

  • Sellers and buyers may accumulate or conspire together to cheat the financier.

  • Sellers may issue invoices for services that are not fully completed or products that do not comply with agreed specifications or requirements.

  • Buyers can dispute payment responsibility.

  • There are also complex issues related to the processes and legal documents involved. The preparation and implementation of legal documents is very expensive and expensive and may involve some third party providers.

  • Buyers may become insolvent and unable to pay for the invoice.

  • The seller, in breach of the agreement with the financier, can direct the buyer to pay the bills directly and not return the money to the financier.

Models and solutions for users:

They will promote the investment of individuals and investors to invest, the model is divided into the following classes:
1. The Invox Finance Model
We plan to disrupt and revolutionise the traditional invoice finance industry by implementing a global distributed peer-to-peer lending platform called the Invox Finance platform.

This platform will completely eliminate the need for a financier’s involvement by connecting businesses that wish to accelerate their cash-flow through selling their invoices, directly with investors who wish to finance these invoices.

2.Decentralized Platform
The Invox Finance Platform will allow sellers, buyers, investors and other service providers to directly connect, interact, share and distribute information.

3. Lower Rate For Seller
Sellers will be able to obtain financing at lower interest rates than those normally received from traditional financiers who operate outside the blockchain.

4. Dynamic Invoice on a Distributed Ledger
Dynamic invoices provide all parties with the ability to update invoice information in realtime, ensure immutability and manage sensitive information access.

5. Bringing All Parties Together
The Invox Finance Platform maintains trust and transparency between all parties through permissioned access, verifications, and an in-built reward system.

6. Direct Acces To Investors
The Invox Finance Platform will provide sellers direct access to individual investors. This new direct lending environment will benefit both sellers and investors.

7. A New Way Investors To Diversify
The Invox Finance platform will expose investors to loan products comprising of loan fragments from many diverse businesses across various industry sectors.

8. Reducing Risks
Invoice loans will be fragmented into smaller increments allowing investors to purchase loan fragments to reduce their risk profile and increase their diversification.
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Who will use Invox Finance Platform?

  • Sellers who have invoices they wish to sell to accelerate their cash-flow
  • Investors seeking higher rates of return and diversification of their investment portfolio
  • Buyers who will receive extended invoice payment periods and be rewarded for verifying invoices

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Invox Tokens

Your key to the platform.
Der INVOX Token ist der Schlüssel zur Invox Finance-Plattform, die Verkäufern den Zugang zur Plattform ermöglicht, indem sie einen Mitgliedsbeitrag bezahlt und sie für die Durchführung von Aktionen belohnt.

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Invox Token Dissemination

45% Marketing
20% Investment Fund
15% System Development
19% Services
1% Misc Expenses
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Meet the Invox Finance Team

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Our Advisors

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For more information:

Website: https://www.invoxfinance.io
Twitter: https://twitter.com/InvoxFinance
Facebook: https://www.facebook.com/Invox-Finance-162381191061327/
Telegram: https: // t.me/InvoxFinanceCommunity
White Paper: https://www.invoxfinance.io/docs/Invox-Whitepaper.pdf

AUTHOR information

Bitcointalk username: vanminh95

Bitcointalk profile: https://bitcointalk.org/index.php?action=profile;u=1857151

Address ETH: 0x471d33bDd13510c0c1e61b4a8eD706cd5e02f771

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