About INVOX Finance
Invox Financial Platform is an invoice distribution platform that enters the invoice financing industry worth US $ 2.8 trillion.
Invox Finance Pty Ltd is a successful invoice financing company based in Indonesia, Australia.
Many businesses, especially small businesses, are involved in the supply of goods and services struggling to stay afloat due to cash flow problems. They can not meet their daily expenses and commitments in the absence of regularly generated cash.
This refers to an invoice financing facility, whereby an investor advances to the seller against a bill that is issued as
"Invoice Loans" or "invoice loans" or "loans".
System users
Investors are looking for higher returns and diversified investment portfolios.
Sellers that have invoices they want to sell to accelerate their cash flow.
Buyers who will receive an invoice payment period are updated and rewarded for verifying invoices.
Traditional Invoicing Financing Works
Other Financing Options for Sellers
- Bank overdraft
- Peer-to-Peer
- Unsecured business loan from non-banking financiers
- Population
Invox Financial Model
We plan to disrupt and revolutionize the traditional invoicing finance industry by implementing a global peer-to-peer peer-to-peer lending platform called Invox Finance Platform.
This platform will completely eliminate the need for investor involvement by linking businesses that want to speed up their cash flow by selling their invoices ("sellers"), directly with investors who want to finance these invoices.
Invox Finance Difference
- Decentralized Platform
- Direct Access to Investors
- Lower Price for Seller
- A new way for Investors to Diversify
Platform Overview
The InvOx Financial Platform overview will consist of the following
- Dynamic Invoice Smart Contract
- Smart Contracts Loans
- User Access and Processing Hub
- Integration of Bank APIs
Use of Invox Token
providing access to the platform through the Trusted Member Program
Award made for the platform. That is, the system
will reward buyers and sellers with Invox Tokens for
invoice verification, invoice payment and settlement.
Roadmap
Stage 1
Founder of Investment Established by a team from ABR Finance, we already have six years of experience in the invoicing industry. Through ABR Finance, we have also created a bespoke financing software for traditional invoice financing, which has led the founding team to discover the limitations of a centralized system.
The team will invest more than $ 500,000 AUD in cash to Invox Finance. This investment is used
to create an early community, develop this white paper, conduct ICO, form a system framework,
and most importantly, being a Dynamic Invoice Contract Automotive engineer.
This Ledger facilitates the creation
and invoice registration in a dynamic digital format to promote authenticity and transparency
to all parties involved and protect against the manipulation of data by any party. This is proof
concept and first step in creating Invox Finance Platform.
Phase 2
Completed ICO and MVP The main objective is to finalize the ICO, and complete the development
Minimum Product (MVP). After the MVP is complete, Invox Finance will run an experiment with ABR Finance as its first customer to demonstrate use cases and initiate rigorous user testing.
This will allow some sellers and buyers to test the Invox Financial Platform with ABR Finance as an investor.
Stage 3
Purpose of using ICO funds The first objective is to develop a full Financial Invoicing Platform so that it can handle the scale required to meet the detailed objectives in this White Paper.
Both teams will launch
Invox Finance Platform to the public. Following this, a community will be created around the Invoks Investor Financial Platform, buyers and sellers to ensure a large number of users in the Invox Finance Platform.
This will be achieved through marketing, grassroots engagement, brand ambassadors and partners. The ultimate goal is to engage and partner with other distributed platforms and others who can deliver more value to the Invox Finance Platform.
Further information:
Website: https://www.invoxfinance.io/
Twitter: https://twitter.com/InvoxFinance
Facebook: https://www.facebook.com/invoxfinance/
Instagram: https://www.instagram.com/invoxfinance/
AUTHOR: Persijadays
ETH: 0xFe7e4a646ed5d69c1355A24bF8d3f5DAb567Da9d
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