INVOX FINANCE - A Decentralized Invoice Funding Solution

- April 22, 2018

Haii all, here I will explain Invox Finance is very helpful and solutions for the world that is connected with it, here I will explain it a bit, see and read carefully because who knows this can help and coincidentally the solution is in INVOX FINANCE.

Many businesses, especially small businesses, are involved in providing goods and services struggling to stay afloat due to cash flow problems. They can not meet their daily expenses and commitments due to the lack of cash generated on a regular basis. Every business has different settings with diverse contractors and employees. Often businesses will receive payments for their goods and services every month, but in the meantime it will be necessary for them to meet their weekly or two-week expenses, such as employee salaries.

Invox Finance will refer to the invoice financing facility, in which the investor
forward funds to sellers against invoices issued as
"Invoice loan" or "invoice loan" or "loan.

What is Invoicing Financing?

Invoice financing describes the purchase invoice process from the seller. Traditionally, financiers agree to advance money to the seller against each invoice. The buyer who buys the seller's product must then pay the invoice directly to the investor.

How does Invox Finance platform solve the problem?

The Invox Finance platform is a transparent invoice system that will build trust between all parties (buyers, sellers, investors and service providers). Instead of execution of a transaction depending on a centralized third-party service provider, the distributed ledger will ensure that the transaction is clear and secure.

How is Invox Finance different from Populous?

Currently, Invox Finance has only one other competitor in the blockchain space. We offer unique dynamic invoice models and fragmented loan systems, ensuring the best experience for sellers, investors and buyers. Although both projects have just formed, our team has been working in the invoice financing sector since 2012 and has managed to fund small businesses worth more than 30 million dollars.
A more detailed comparison of the two projects can be found on page 16 of our whitepaper.

Invox Token

What is an Invox Token?
Invox Tokens will be created on the Ethereum network using the
ERC-20 standard and will have the following utility:

Provide access to the platform through the Trusted Member
Program; and reward work performed for the platform.
That is, the system will reward buyers and sellers with Invox Tokens for invoice verification, payment of invoices and settlement.

Your key to the platform
Tokens with real-world usage cases made on the Ethereal network.

ACCESS

Join the platform as a seller using Invox Tokens to pay your membership to the Trusted Members Program.

GIFT

Wow Get a gift in Invox Tokens every time you verify or pay an invoice, imagine if you do it often you will get many prizes.