Debitum Network - Global Small Business Financing

Hi Everyone, How are you today ? In this time, i will give you information about Debitum Network - Global Small Business Financing. hopefully my post can be useful for everything.

Debitum Network is a network that connecting the lenders such as investors and the lend receivers such as small and medium size business enterprise. With Debitum Network, micro and medium size business can have access to credit system.

Financing unlimited SME business by utilizing Blockchain technology to secure and distribute fiat investment to the world of decentralized, accessible and fair SMEs. all companies around the world are now forced to work in tough environments and severely lack access to credit. because This has all been controlled by the central bank and became very restricted and strictly regulated. Through these established regulations, local financial institutions have actually been instructed to block SMEs from receiving all funds from all International investors or individuals, making it extremely difficult to realize their business potential. The cost of providing trust between the lender and the borrower also becomes high. Business struggles for affordable financing due to the lack of an effective global market, and a list of transparent security guarantees.

Solutions - Debitum Network Borrowing money is all about trust and its mechanical gears like collateral, reputation count, and fear of punishment. Born in an established society, we take the culture of business confidence that is just there; We rarely doubt the basis and address of quantitative measurement of business friction costs. 

Debitum Network is a decentralized lending platform, that operates in blockchain. As we know, Blockchain Tecchnology is the world's leading software platform for digital assets. Offering the largest production block chain platform in the world, we are using new technology to build aradically better financial system. Simply put, blockchain is a technology that can record and store data on public ledgers. Data stored in blockchain, can not be changed by anyone, the funds will last forever. Blockchain technology is also applied to Bitcoin, Ethereum and other cryptocurrencies that serve to record transaction details, including address, time, amount, and all of which can be monitored by the public.


The Debitum Network is based on three pillars which will solve the credit issue of the small business.

1. True Decentralisation: The financing service providers can be part of the decentralised community, which connects investors and companies all over the world on the Debitum Network. Community management is the key concept on the network. The community leaders take responsibility for the management of the community.

2. The hybrid connection of crypto and fiat currency: The cryptocurrency is still not the recognised currency by many countries in the world. The Fiat currency is used and it can be converted into cryptocurrency, and vice versa.

3. Trust-Based Approach: Smart contract is used to solve the problem of trust between lenders and borrowers. The strength of repaying the loan is based on the Trust between Financers and companies.

Debitum Network works to support the entire framework for the smooth operation of the lending process based on the Smart contract and Blockchain technology.

Roadmap

2015 – Q2 2017 Start of the company 

2015: Incorporated DEBIFO – an alternative finance company

2016.01: Joined Mintos p2p finance platform

2016.10: Reached financing agreement with a private debt fund MUNDUS

2017.02: Envisioned Debitum ecosystem

2017.06: Reached 3M EUR portfolio, nearly 20M EUR asset turnover 

Q3 2017  Creating Proof of Concept

2017.07: Expand core team with business and technology advisers

2017.08: Establish global business development team

2017.09: Build and deploy MVP version on Ethereum Ropsten blockchain

2017.09: Align with first counterparties of ecosystem

Q4 2017 Raising funds via Crowdsale

2017.10: Launching of the marketing campaign

2017.10: Expanding the Debitum Network community

2017.10: Incorporating Debitum Network

2017.12: Crowdsale Round A - Raised 1,2 M USD

Q1-Q3 2018 Building Debitum Network 1.0

2018.02: Crowdsale Round B Product development start

2018.03: Expanding Debitum Network team to prepare for global expansion

2018.06: Establishing Debitum Network in the first target country

2018.09: Testing and auditing Debitum Network 1.0 before public launch

Q4 2018 Debitum Network 1.0 

Develop Debitum Network ecosystem version 1.0 with manual on-boarding of asset generators, investors and additional service providers

Token Information


Token Symbol : DEB

Token Type : ERC20

Token Supply : 400,000,000 DEB 

Deposit Method : ETH

Token Price : 1 ETH = 8,700 ~ 6,500 DEB ( Depends on the days if crowdsale )

Token Sale Date : December 7, 2017 (LIVE)

Hard Cap : 24,000 ETH

Blockchain : Ethereum-based (ERC223) token

Round A (Community Round) : 7 December 2017 - 21 December 2017

Round A Results : 1,2M USD Collected

Round B : 25 January 2018 - 25 February 2018 

Round B Results : 20.000 ETH

 

For More Information About Debitum Network :

Website: https://debitum.network/

Whitepaper: https://debitum.network/assets/files/Debitum-White-Paper.pdf

Twitter : https://twitter.com/DebitumNetwork

Facebook: https://www.facebook.com/DebitumNetwork

Telegrams: https://t.me/joinchat/G6KFmURKsu0FIfJetJ3mOA

Created by :



JuiceAnnabel


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