INVOX FINANCE - billing distribution platform in the accounting industry

April 22, 2018

What is Invox Finance?

Invox is a billing distribution platform that is $ 2.8 trillion in the accounting industry.
The ABR Finance Pty Ltd team is behind Invox Finance. ABR Finance is a successful invoice finance company, helping businesses across Australia with $ 30 million in invoices.
ABR will also be the first Invox Finance customer to enable multiple sellers and buyers to test the inventory finance platform with ABR Finance as a leading investor.

How Infox Finance works?

Sellers who have bills they want to sell to speed up their cash flow
Investors seek higher returns and diversify their investment portfolios
Buyers who receive a bill payment will be renewed and rewarded for checking the bill.

The Invox financial model

We plan to disrupt and revolutionize the traditional accounting finance industry by implementing a global, distributed peer-to-peer lending platform called Invox Finance Platform.
This platform will completely eliminate the need for financial participation by directly connecting companies wishing to accelerate their cash flow by selling their invoices with investors wishing to finance these bills.

Features

Decentralized platform:
The Invox Finance Platform enables sellers, buyers, investors and other service providers to directly connect, interact, share and distribute information.

Lower prices for sellers:
Sellers will be able to obtain financing at lower interest rates than they would normally receive from traditional financiers outside the blockchain.

Dynamic Invoices in a Distributed Ledger:
Dynamic invoices enable all parties to update billing information in real time, ensure immutability, and manage access to sensitive information.

To bring all parties together:
The Invox Finance Platform ensures trust and transparency between all parties through access rights, reviews and a built-in reward system.

Direct access to investors:
The Invox Finance Platform gives sellers direct access to individual investors. This new direct credit environment will benefit both sellers and investors.

A new way for investors to diversify:
The Invox Finance platform will disclose loan products from various industries to investors.

Reduce risks:
Invoice Loans are split into smaller levels so that investors can buy credit fragments to reduce their risk profile and increase their diversification.

Invox-Token

In conjunction with the Invox Finance platform, an Invox token is created on the Ethereum network.

Provide access:

Invox Tokens provide vendors with access to the Invox Finance Platform. Through the Trusted Member Program, the inventors must pay a certain number of Invox tokens as an annual membership to gain access to the platform.

Wage work carried out:

The system rewards buyers and sellers with Invox tokens for verification and payment of bills.

Initial coin offer

The reason for ICO's implementation is to pre-sell the membership by selling Invox tokens.
Invox Tokens entitle you to access the Invox Finance Platform through the Trusted Member Program.
By participating in Invox Finance's two-step fundraising process, you have the opportunity to purchase Invox tokens at a discount.
The ICO will be the ICO of ICO ICO itself. The maximum number of invox tokens is before ICO, along with open source smart contracts on our github.