GENERAL OVERVIEW OF InstaSupply PayBlok PROJECT
Today, I want to write a blockchain-based project called InstaSupply PayBlok. This project aimed to revolutionize the cash flow in small and medium enterprises.
PROBLEM STATEMENT
We all know business as a process of exchanging goods and services. It involve exchanging of cash for goods and so on. There are different type of businesses; we have the small scale business, medium enterprises and the large scale business.
The small and medium enterprises are facing a lot of challenges. There is no regular cash flow in this aspect. The payment process is not well organize and no standard measure to guild such sectors. We have seen many situation whereas customers buy goods but refuse or delay in paying for the goods. All these issue is causing a setback to small and medium businesses.
Again, small enterprises are disregarded by major financial organization to offer loan to them to improve their businesses. Though, the financial institutions that ought to give out loan are not to blame because majority small and medium businesses has no credentials to access their credibility which should
qualify them for a particular loan. Moreover, the small and medium businesses are seen as a risky type of business because no standard measure or feasibility study before embarking on the business.
All the above mentioned challenges is what this platform called InstaSupply PayBlok want to solve.
WHAT InstaSupply PayBlok IS ALL ABOUT?
The platform aimed to build a platform that will standardize the payment function of small and medium businesses, i.e enabling regular cash flow without considering the location or time. The platform want to build a framework that will make a businesses pay easily and also get paid.
InstaSupply PayBlok will build a businesses platform that can able to do the following:
Track and control spend across suppliers.
Buy requesting
Endorsement work processes
Spending control
Delivery tracking
Provider and item administration
Secure invoice and credit document storage and data collection
Accounting reconciliation and
Payment control.
HERE IS WHAT InstaSupply PayBlok WILL OFFER
InstaSupply has implemented the following to solve all challenges facing small and medium businesses
Incorporated Payment Solution
Supply Chain Financing and
Resource based loaning
InstaSupply PayBlok platform will provide a workflow for buyers and suppliers to manage their payments and collections.
This mechanism will give room for users to create and place purchase orders, he will able to track deliveries, match orders to their invoices. This provide an advantages of buyer to manage, track and control their spend.
FEATURES OF InstaSupply PayBlok PLATFORM
Just as i said earlier, InstaSupply is a blockchain-based project. The blockchain contain smart contract will
make the payment to the suppliers fast and easy.
Project under blockchain are very secured. This eliminate or reduce risk of losing cash while doing transaction.
The will be no delay in payment through this platform because the
approval of the invoices are done automatically.
The platform will also reward both the suppliers and the buyers with their utility token called Payblok token.
InstaSupply still went fare to implement it on a mobile device which gives room for everybody to access it.
InstaSupply PayBlok TOKEN
InstaSupply has introduces the utility token for the platform. It is termed “PayBlok token”.
This token will be utilized for payment over the platform. Holders of this token will appreciate every one of the advantages of this extraordinary platform.
InstaSupply ICO Details/Parameters
The Pre Sale of this event has ended while they are currently on their Main Sale which will end soon.
Take your resources and participate in this event so that we will all enjoy the benefits this platform will offer.
Pre Sale Date: 15/052018 – 15/07/2018
Pre Sale Price: 0.24 USD = 1.0 PBLK
Public Sale Date: 27/08/2018 – 23/2018
Public Sale Price: 0.3 USD = 1.0 PBLK
Total Tokens- 250,000,000
Available For Sale: 60%
Soft Cap: 25,000,000 USD
Hard Cap: 45,000,000 USD
TEAM
The potential of a project depends on the intensity of the brain behind the project. The team that build this project are expertise in this field.
Here is the opportunity to meet them;
PROJECT ROADMAP
Below is their official links:
For their website, click here: https://payblok.instasupply.com/
To read their whitepaper, click here: https://assets.ctfassets.net/5vuk877t9hxd/3NAfrZaazmEk6emsaikqiW/87fb62e129789d978720d85d56c49e0e/payblok_whitepaper.pdf
Subscribe to them on reddit by clicking here: https://www.reddit.com/r/ico/comments/8jccem/payblok_is_a_cryptoasset_that_incentivizes_b2b/
Subscribe to their YouTube here: https://www.youtube.com/channel/UCoYhK-h2xW8oBy3KlxwK0bQ
Follow them on Facebook here: https://www.facebook.com/instasupply
Follow them on Twitter here: https://twitter.com/instasupply
Connect to them on LinkedIn here: https://www.linkedin.com/company/instasupply/
Follow them on Medium here: https://medium.com/instasupply-blog
Join them on Telegram here: https://t.me/joinchat/HZSTLA9rcKJJZKXUHlHkfA
Writer's Bountyox Username: Romanbank