Nanda Crypto: Invox Finance The World's Most Innovative Invoice Lending Platform

HALLO ALL, THIS TIME WILL EXPLAIN ABOUT PLATFORM PLATFORM Invox Finance

The Invox Finance Platform is an invoice lending platform tapping into the US$2.8 trillion invoice financing industry. The team at ABR Finance Pty Ltd is behind Invox Finance. ABR Finance is a successful invoice financing company and has helped fund businesses throughout Australia with A$30 million in invoicing.

The Invox Finance Model

We plan to disrupt and revolutionise the traditional invoice finance industry by implementing a global distributed peer-to-peer lending platform called the Invox Finance platform.

This platform will completely eliminate the need for a financier’s involvement by connecting businesses that wish to accelerate their cash-flow through selling their invoices, directly with investors who wish to finance these invoices.

features

Decentralised Platform:

The Invox Finance Platform will allow sellers, buyers, investors and other service providers to directly connect, interact, share and distribute information.

Lower Rates for Sellers:

Sellers will be able to obtain financing at lower interest rates than those normally received from traditional financiers who operate outside the blockchain.

Dynamic Invoices on a Distributed Ledger:

Dynamic invoices provide all parties with the ability to update invoice information in realtime, ensure immutability and manage sensitive information access.

Bringing All Parties Together:

The Invox Finance Platform maintains trust and transparency between all parties through permissioned access, verifications, and an in-built reward system

Direct Access to Investors:

The Invox Finance Platform will provide sellers direct access to individual investors. This new direct lending environment will benefit both sellers and investors.

A New Way for Investors to Diversify:

The Invox Finance platform will expose investors to loan products comprising of loan fragments from many diverse businesses across various industry sectors.

Reducing Risks:

Invoice loans will be fragmented into smaller increments allowing investors to purchase loan fragments to reduce their risk profile and increase their diversification.

Who will use Invox Finance Platform?

Sellers who have invoices they wish to sell to accelerate their cash-flow

Investors seeking higher rates of return and diversification of their investment portfolio

Buyers who will receive extended invoice payment periods and be rewarded for verifying invoices

How does Invox Finance differ from Populous?

Currently, Invox Finance only has one other competitor in the blockchain space. We offer a unique dynamic invoice model and fragmented loan system, ensuring the best possible experience for seller, investor and buyer. Although both projects were founded recently, our team has been working within the invoice financing sector since 2012 and has successfully funded small businesses with over 30 million dollars.

A more detailed comparison of the two projects can be found on page 16 of our whitepaper.

Invox Tokens

In conjunction with the Invox Finance platform, an Invox Token will be created on the Ethereum Network.

PROVIDE ACCESS:

Invox Tokens will provide sellers with access to the Invox Finance Platform. Through the Trusted Member Program each seller will be required to pay a certain amount of Invox Tokens as a yearly membership to gain access to the platform.

REWARD WORK PERFORMED:

The system will reward buyers and sellers with Invox Tokens for the verification and payment of invoices.

Initial Coin Offering

The rationale behind conducting the ICO is to pre-sell membership to the system through the sale of Invox Tokens.

Invox Tokens will entitle holders to access the Invox Finance Platform through the Trusted Member Program. By participating in the Invox Finance two-stage fundraising process, you will be provided with an opportunity to aquire Invox Tokens at a discount.

The ICO will be conducted in two parts with a bonus system rewarding participants in the pre-ICO as well as during the ICO itself. The maximum amount of Invox Tokens being minted will be released at the start of the Pre-ICO, along with open source smart contracts on our Github.