What problems do businesses face that the Blockchain can solve?
As the Blockchain moves forward in today's technological advancements, what does it actually do for businesses that solves real problems that they are facing globally.
Many platforms have been made but not many have been adopted by businesses to bring that advancement everyone is looking for. Globally it is evident that receiving funds from an invoice can take a long time, ranging from 30 to 90 days. This puts a lot of pressure on businesses to keep up with costs and can slow down the development of the company.
What platform have we seen to this date that can solve this issue. Recently a new Blockchain tech has come up with a solution that looks more than enticing for the crypto community.
Pcore a P2P (peer to peer) invoice discounting platform integrated in the Blockchain technology, with the aim to combine transparency, trust, speed and security of the Blockchain with registered smart contracts and directly bring together invoice sellers and lenders.
Pcore LTD aim to combine todays technology into a niche but growing market. As more businesses are turning to other alternatives of funding other than banks, they want to bring them a platform which they can trade their invoices for faster means of obtaining their due amount. In return helping them expand, grow and keep up with business costs.
When we look at this industry it is clear that big names like HSBC are looking for ways to integrate invoice financing within their services using the Blockchain. Why do we let the big banks take the control of doing business amongst the community. We must advance with Blockchain tech and help it grow within our community and build the trust it deserves.
