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Invox Finance

Welcome my friends to a new interesting ICO today and let’s see their great idea:

Solving Small Business Cash-Flow Problems with Accessible and Low Interest Financing

Invox Finance Pty Ltd was established by individuals from the ABR Finance Pty Ltd group, an effective receipt financing organization situated in Australia. The Invox Finance Platform is a decentralized distributed receipt loaning stage that will permit merchants, purchasers, financial specialists and other specialist co-ops to straightforwardly interface, cooperate, share and appropriate data.

The project vision, mission and path:

The platform expects to make a putting stock in condition by encouraging straightforwardness amongst parties and compensating execution. This stage will upset and alter customary receipt financing by actualizing a framework where trust and straightforwardness between all gatherings is produced through an in-manufactured reward framework. Also, the execution of exchanges and stream of data won’t be subject to one single incorporated specialist organization, however rather administered by a straightforward arrangement of principles executed on a completely circulated record.

The platform will totally take out the requirement for an agent’s association by interfacing organizations that desire to quicken their income through offering their solicitations (“dealers”), straightforwardly with financial specialists who wish to back these solicitations.

The project benefits:

  • Decentralized Platform

The Invox Finance Platform will permit dealers, purchasers, financial specialists and other specialist organizations to straightforwardly interface, collaborate, share and appropriate data.

  • Guide Access to Investors

The Invox Finance Platform will give merchants guide access to singular financial specialists. This new conveyed shared loaning condition will profit the two merchants and the speculators.

  • Lower Rates for Sellers

Dealers will have the capacity to get financing at bring down loan fees than ordinarily got from a conventional lender.

  • Another path for Investors to Diversify

Speculators will be allowed access to a venture item that is generally as of now just accessible to the banks and back organizations. The Invox Finance Platform will furnish speculators with introduction to credit items that will contain of credit parts from an expansive number of assorted organizations crosswise over different industry divisions.

The platform overview:

1) Dynamic Invoice Smart Contracts

They will encourage the production of totally unique solicitations and enrollment of these solicitations on a conveyed record. Dynamic solicitations will likewise store extra data, for example, receipt confirmation status, propels made against the solicitations and installments gotten.

2) Loans Smart Contracts

These agreements will empower the stream of assets between financial specialists, merchants and purchasers. They will likewise guide assets to a particular gathering (when certain shrewd contract conditions are met) and empower discontinuity of credits to decrease hazard to the financial specialist.

3) User Access and Processing Hub

The Hub’s primary reason will be to permit financial specialists, dealers, purchasers and other invested individuals to have a consistent and effective method for conveying, trading data, and encouraging the start and execution of different shrewd contracts and procedures.

4) Bank API Integration

A linux/python cron occupation will coordinate calls from the managing an account accomplices’ API to the smart contract. This will be facilitated on Microsoft Azure cloud facilitating, utilizing “Key Vaults” for key administration. Future arrangements might be keep running on nearby server farms utilizing Gameloto HSMs to encourage exchange marking.

The token usage:

The Invox token will be utilized to remunerate work performed for the stage. That is, the framework will remunerate purchasers and merchants with Invox Tokens for receipt confirmation, installment of solicitations and settlement.

The project roadmap:

2017

  • The idea
  • Incorporated as Invox Finance Pty Ltd

2018

  • Proof of concept code and testing
  • Wireframe
  • The website
  • Presale & Crowdsale
  • Listing on exchange
  • Mockup complete for buyer, seller and investors journeys
  • First invoice issued on alpha platform
  • Initial user testing on beta platform

  • Invox Finance debit cards become available
  • Mobile application
  • Integration with Celsius
  • Further development

The Project Team:

Invox has been designed and created by a highly experienced team of 17 member of technology experts. The team’s members bring together expertise that gives them a deep understanding of the challenges faced by many crypto enterprises including the legal, regulatory and compliance issues.

  • Alex & Adam Mezhvinsky – Co-Founders
  • Daniel Tang – Head Analyst
  • Jose Luis Ramirez – Lead Software Engineer
  • Lucas Cullen – Lead Solidity Developer – Contractor
  • plus the Invox team & advisers

Finance:

  • Token: Invox
  • Abreviation: INVOX
  • Platform: Ethereum
  • Accepting: ETH
  • Total supply: 464m Invox
  • 0.1 ETH = 1000 INVOX

More info:

Tokens Sale availability (main sale):

  • Start date: 3.Apr.2018
  • End date: 20.Jun.2018

 

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About the author (BTC profile)

My passion for everything that means cutting-edge technology, blockchain, cryptocurrency, ICOs and not only made this article to be alive. I’m Alex Hummels and I wish you “happy reading” of others of my articles. Thank you all.

Your donations are highly appreciated. MEW address: 0x70912D44a60D099ECac3Ea568aEeB1dDCa2BA3A5

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