Debitum Network
Debitum Network - Small Business Financing Using Blockchain
The Debitum Network solves a real problem that many small businesses face, especially ones located in emerging markets. Nearly seventy percent of small and micro sized businesses in emerging areas do not have access to credit. It is a truly broken system which lacks an international marketplace that is secure and fair.
Debitum Network can solve this great problem. It is designed to bring together risk assessors, investors, insurers, and people who validate documents. People can come together in the network and participate in cross border transactions. Each transaction is processed using the Ethereum blockchain. This creates a very secure and indisputable infrastructure. Ethereum uses smart contracts to conduct payments.
This is how it will all work. First, a contribution is needed in order to get DEB tokens. Then, say there is a coffee farm in Brazil that needs funding to grow his operation. The farmer can put in a loan application and provide his land as collateral. This application can then be seen by many investors from Europe, the USA, and all around the world. They are happy to invest in the venture and then receive a profit for loaning the money. This process results in an easy for small businesses to get funding, and happy investors for many new opportunities.
There are three main pillars that the Debitum Network is based on. Trust, decentralization, and the connecting of traditional currency with cryptocurrency. Many small countries have strict regulations and difficulty with access to banking systems. With Debitum, customers will finally have an easy and trustworthy method of conducting business that many people in the United States take for granted.
Debitum is capable of very fast growth with such a great demand for this type of service. The Debitum Network will utilize the DEB token for every transaction. This way, the token value will grow over time as the system grows. The company already has a minimal viable product ready for use. You still have a chance to buy tokens now. Debitum has a great team and a bright future, you might like to visit the links below to find out more.
https://debitum.network/
https://debitum.network/whitepaper
username profile BTT:indocafe
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Debitum Network can solve this great problem. It is designed to bring together risk assessors, investors, insurers, and people who validate documents. People can come together in the network and participate in cross border transactions. Each transaction is processed using the Ethereum blockchain. This creates a very secure and indisputable infrastructure. Ethereum uses smart contracts to conduct payments.
This is how it will all work. First, a contribution is needed in order to get DEB tokens. Then, say there is a coffee farm in Brazil that needs funding to grow his operation. The farmer can put in a loan application and provide his land as collateral. This application can then be seen by many investors from Europe, the USA, and all around the world. They are happy to invest in the venture and then receive a profit for loaning the money. This process results in an easy for small businesses to get funding, and happy investors for many new opportunities.
There are three main pillars that the Debitum Network is based on. Trust, decentralization, and the connecting of traditional currency with cryptocurrency. Many small countries have strict regulations and difficulty with access to banking systems. With Debitum, customers will finally have an easy and trustworthy method of conducting business that many people in the United States take for granted.
Debitum is capable of very fast growth with such a great demand for this type of service. The Debitum Network will utilize the DEB token for every transaction. This way, the token value will grow over time as the system grows. The company already has a minimal viable product ready for use. You still have a chance to buy tokens now. Debitum has a great team and a bright future, you might like to visit the links below to find out more.
https://debitum.network/
https://debitum.network/whitepaper
username profile BTT:indocafe
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