The world economy graph from past few years is becoming stable as more and more people are opting for their own business. The number of small-scale industry is gradually increased which directly affects the marketplace. More and more SMEs are emerging but they lack financial support. On the other side financers find these small and medium-sized enterprises as most promising target audience but there is no alternative platform which bridges this gap between financers and SMEs. The traditional banking industry mostly do not invest their money in this small-scale industries as they found the risk factor high. So they invest in big corporations and SMEs do not have any option to finance their business. The Debitum is here with its ultimate financial solution for this small and medium-sized enterprises. Debitum is the blockchain based hybrid ecosystem for SMEs financing which will bring investors, debt collectors, insurers as well as SMEs borrowers together. Let's know more about the project.
GLOBAL SME FINANCING SOLUTION
Debitum is an innovative financing solution for small and medium-sized enterprises whose whole ecosystem is decentralized. The main aim of the Debitum network is to fill that global credit gap of more than $1.5trillion which do not let this small-scale industry to grow. This network is a complete end-to-end financial loop for SMEs with principal and interest moved using fiat. Debitum is built on its three strong pillars which will make it future revolutionary financing market. The three pillars are decentralization, hybrid connecting fiat and cryptocurrency and trustworthy. Whenever there is money involved in the business we choose the option which provides us with complete assurity and trust. Debitum is built on ether blockchain network which records all the transactions and makes it secure.The platform is most easy, accessible and secure way of finding financers for our small-scale industries. The Debitum network has completely revolutionized the way in which the financers and borrowers communicate and transfer value to each other.
UNIQUE FEATURES
- Rating smart contracts
- Ethereum based smart contract
- Decentralization using blockchain
- Risk assessment
- Debt collection
- Hybrid connecting crypto and fiat
- Feedback management
- Community trust rating
- Asset management
- User management
- Blockchain-based platform
DEBITUM TOKEN (DEB)
The whole ecosystem of the platform is based on this Debitum tokens which will soon be most trusted, decentralized and the global business financing ecosystem. Debitum tokens are used to access the services on this platform and also help to access premium features. The usage of tokens will be based on the number of tokens received.
These tokens are the only means of payments within this platform. One billion tokens were released during its ICO sale which was from 30th November 2017 until 30th December 2017.
DEBITUM TEAM
There is the great experienced team behind this successful idea which cannot be ignored. The co-founders of the project are Martins Liberts, Donatas Juodelis, and Justas Saltinis. The Mazvydas Mackevicius is the blockchain technology expert and Mart Lume is the lead product manager. The Debitum team is building international and finance operations using its professional team and advisors which will develop the Debitum network. Behind this professionals, there is the experienced team who made this project possible.
CONCLUSION
Debitum network is built to leverage blockchain technology and it is the global financing solution based on ethereum network. This platform allows to lend money without any fees associated and makes it easy for the SMEs to find financers for their business globally. The Debitum network aims to take over the power from the centralized network and make it decentralized. Now you can easily connect across borders for financing with low costs. The Debitum network using ethereum smart contract will facilitate transaction and agreements. The platform connects borrowers, lenders, insurers and document validators under one flag. The Debitum network is built for borderless small business financing. The whole ecosystem is based on its tokens which will be available during for sale and these tokens are really useful to interact with the platform. The Debitum network is well-constructed financer platform which is backed by large and established IT firms. The Debitum network ensures its users with trust and secure payments globally. The project is all set to be future financing solution for SMEs.
Important Links:
Website : https://debitum.network/
Whitepaper : https://debitum.network/whitepaper
Authored By: Etheran
Btalk profile: https://bitcointalk.org/index.php?action=profile;u=1108165