Debitum Network — Global Small Business Financing
Hello everybody, i am today i am Liana Kurniawan going to give you some information abut Debitum Network. I hope you will like it.
As we all know, many SME (small and medium sized enterprises) have been struggling for financing their projects because of current regulations and laws. That is why most of them could not acheve to run their business projects and give up in the beginning. And many good ideas and projects ends before it began.
What is Debitum Network?
Debitum Network is a project developped for individuals and SME’s that are looking to find alternative financing solutions. Debitum creates an ecosystem consist of SME’s, Investors (as borrowers), project analysts, risk assessors, debt collectors and more. Debitum brings all of them together in a unique network based on decentralized blockchain technology.
Especially for small businesses Debitum Network will be one of the easiest and best solution to find funds and finanicial offers. For investors and service providers there is no such an alternative platform.
Main aim of Denitum Network is providing a perfect infrastructure and trust in global SME loan market. This infrastructure and trust is going to be predicated on unique financing options, high IT skills with blockchain technology and various service providers/ experts. By Denitum Network, small businesses will be able to get the capital they need to run their project and grow.
Debitum Network has established itself as one of the best innovations that people are interested in. As a small and medium business financing facilitator, Debitum Network brings the world of finance to robust convenience and security thanks to the use of its blockchain technology.
This is one of the right decision making considering the borrowing of funds needed by small business is not too easy. Especially if we look at the concept of conventional banks are centralized, where they can not reach more widely, in addition to their own environment. If any local bank would go outside, to a wider network in the world to be able to lend to small businesses, then the costs incurred would be quite large and burdensome.
Debitum Network is far from that impression, mentioned above. But the Debitum Network set out to offer a hybrid solution, meaning that any company financing is still done using fiat currency. This illustrates that Debitum is a crypto realist, they are not a fanatical enterprise of crypto currency. So the current Debitum Network does not use crypto currency as a mainstream adoption.
Here we can see that Debitum wants to create a truly decentralized network through a motivated community. Where in the network can then become a truly living ecosystem, and not a group of individual organizations trying to handle the service. But the Debitum Network is brought to a pragmatic approach that works in real life.
Choosing a Debitum Network Means Supporting a Working Ecosystem
In the process of running the company, within the network Debitum later the borrower will provide the information needed for the loan. In the ecosystem they are required to use Debitum tokens, this is necessary for the borrower or investor to pay for various services during the financing process, such as verification, risk assessment, insurance or debt collection. However, the underlying capital and interest moves in the normal way because it is considered to be a ‘physical item’.
Furthermore the service provider will freeze any number of tokens received as a service quality guarantee in the future. Meanwhile, smart contracts automatically calculate trust and update the trust rank of each service provider and the community they represent.
In this case the Debitum Network operator will ensure the smooth interaction of fiat-crypts at the start of the Debitum Network development until crypto payout becomes really common. And of course, when all that has worked, the ecosystem will benefit you.
You can get a Debitum token (DEB) by joining ICO which will run from 25 January to 25 February 2018.
For the Stage 1 Crowdsale the Hard cap is:
Round A 4,000 ETH
Round B 20,000 ETH
400 MILLION OF DEBITUM NETWORK TOKENS WILL BE CREATED AND DISTRIBUTED!
Roadmap
Learn more about what we've achieved so far, our short-term plans, and what we'll create together
More Information About Debitum Network :
Website: https://debitum.network
Ann : https://bitcointalk.org/index.php?topic=2321064.0?a_aid=etkch
Telegram : https://t.me/joinchat/G6KFmURKsu0FIfJetJ3mOA?a_aid=etkch
Twitter : https://twitter.com/DebitumNetwork?a_aid=etkch
Reddit : https://www.reddit.com/user/DebitumNetwork?a_aid=etkch
Medium : https://medium.com/@mliberts?a_aid=etkch
Facebook : https://facebook.com/DebitumNetwork?a_aid=etkch
Whitepapper : https://debitum.network/whitepaper
Author : Liana Kurniawan
This is one of the right decision making considering the borrowing of funds needed by small business is not too easy. Especially if we look at the concept of conventional banks are centralized, where they can not reach more widely, in addition to their own environment. If any local bank would go outside, to a wider network in the world to be able to lend to small businesses, then the costs incurred would be quite large and burdensome.
Debitum Network is far from that impression, mentioned above. But the Debitum Network set out to offer a hybrid solution, meaning that any company financing is still done using fiat currency. This illustrates that Debitum is a crypto realist, they are not a fanatical enterprise of crypto currency. So the current Debitum Network does not use crypto currency as a mainstream adoption.
Here we can see that Debitum wants to create a truly decentralized network through a motivated community. Where in the network can then become a truly living ecosystem, and not a group of individual organizations trying to handle the service. But the Debitum Network is brought to a pragmatic approach that works in real life.
Choosing a Debitum Network Means Supporting a Working Ecosystem
In the process of running the company, within the network Debitum later the borrower will provide the information needed for the loan. In the ecosystem they are required to use Debitum tokens, this is necessary for the borrower or investor to pay for various services during the financing process, such as verification, risk assessment, insurance or debt collection. However, the underlying capital and interest moves in the normal way because it is considered to be a ‘physical item’.
Furthermore the service provider will freeze any number of tokens received as a service quality guarantee in the future. Meanwhile, smart contracts automatically calculate trust and update the trust rank of each service provider and the community they represent.
In this case the Debitum Network operator will ensure the smooth interaction of fiat-crypts at the start of the Debitum Network development until crypto payout becomes really common. And of course, when all that has worked, the ecosystem will benefit you.
You can get a Debitum token (DEB) by joining ICO which will run from 25 January to 25 February 2018.
For the Stage 1 Crowdsale the Hard cap is:
Round A 4,000 ETH
Round B 20,000 ETH
400 MILLION OF DEBITUM NETWORK TOKENS WILL BE CREATED AND DISTRIBUTED!
Roadmap
Learn more about what we've achieved so far, our short-term plans, and what we'll create together
The platform is ready to be launched in 2018. The Crowdsale was done to raise funds in two separate rounds. The Round A was launched in October 2017 and has raised over 1.2$ million. The Round B has already started and was live at the time of writing this article.
Meet the leadership team
The Advisory board
More Information About Debitum Network :
Website: https://debitum.network
Ann : https://bitcointalk.org/index.php?topic=2321064.0?a_aid=etkch
Telegram : https://t.me/joinchat/G6KFmURKsu0FIfJetJ3mOA?a_aid=etkch
Twitter : https://twitter.com/DebitumNetwork?a_aid=etkch
Reddit : https://www.reddit.com/user/DebitumNetwork?a_aid=etkch
Medium : https://medium.com/@mliberts?a_aid=etkch
Facebook : https://facebook.com/DebitumNetwork?a_aid=etkch
Whitepapper : https://debitum.network/whitepaper
Author : Liana Kurniawan
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