Transparency Invoice: INVOX FINANCE

rey yasuo
5 min readMay 1, 2018

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Invox finance is a company founded by ABR Finance Pty Ltd team member, Invox is engaged in transparency invoice. The idea of this company is because there are so many transactions in this digital era that are less transparent because of the lack of information between buyers, sellers and investors, so in need of solutions to help transact and exchange information so that each party can be relieved in making investments or transactions.

Invox Finanace offers the Platform a “peer-to-peer” decentralized Platform that will enable sellers, buyers, investors and other service providers to directly connect, interact, share and distribute information. The purpose of this platform is to create a trusting environment by facilitating transparency between parties so that performance will be satisfactory for all parties.

Invox Finance has a plan to create a modern transaction experience with an invox platform that is being developed, of course with attractive features and supported by special payouts, using fiat currency by utilizing the Invox Finance banking partner’s API.

Invox Finance is built with a very good idea and revolutionary, this project will move in Invoice. Lack of transparency and information from sellers, buyers and investors will result in losses or inequality of certain parties, so with the advent of this invox finance will certainly support transactions and distribution so satisfying to all parties.

That’s a quick overview of Invox Finance. In running this project of course will arise problems and obstacles, that is how Invox Finanace can do it ?, and what programs are offered by Invox Finance ?, and also What is Invoice?

INVOICE?

Invoices are transaction data in the form of documents containing transaction data, administrative costs in the form of highly sensitive information, so Invox Finance builds this brilliant idea to cover transactions faster, reduce administrative costs, and high security levels. Therefore Invox Finance will break the way of transactions that are still traditional as it is today.

It’s really a highly anticipated project for investors as well as people who deals in online transactions. Next look at the Invox Finance project and the introduction of the platfrom.

INVOX FINANCE PROJECT

Invox Finance will use blockchain technology on its platform, Invox Finance will create a platform with a decentralized Invoice or “peer to peer” invoice system that will allow buyers, investors and service providers to connect instantly, which of course will be very helpful in business which requires fast and accurate transactions. In addition, Invox Finance with its Blockchain based platforms of course has very high security, so even though the program from Invox Finance is transparent, its security will be maintained and not to worry about.

Why BLOCKCHAIN?

Blockchain becomes the choice of this project because in addition to its security aspect to minimize fraud, also this system has been tested as the first token emergence, besides the blockchain system also continues to grow so it will not be easily manipulated by someone who wants to cheat in a transaction or distribution . Blockchain is like a general ledger that will record all transactions transparently and will not be changed by anyone, so it is a good fit to apply in the Invox Finance project.

INVOX PLATFORM

Invox Finance will create a platform based on Blockchain technology, the platform technology that Invox Finance develops will of course be “Friendly” and meet the needs of all parties in online transactions. That is the reason why this Invox Finance Platform develops with Blockchain technology, in addition to fast and secure, the design can also support different types of crypto currency.

The bottom line of all the above is the Invox Finance Platform will help facilitate the transactions online, by creating Invoices or Invoices in a transparent.

The performance features of the Invox Platform will use “smart Contract” to obtain “Smart Invoice” in the Etherium network. This platform will be very dynamic and developed with features that can further facilitate the distribution of invoices. Auxiliary features will facilitate transactions as they will be supplemented with various information such as invoice verification status, advances made on invoices and payments received. In addition, the Invox platform also ensures that the information contained in these features is safe and transparent, so that market participants can see and monitor anytime in the transaction.

Invox platform also features a term loan, in this feature to apply for a loan from a number of funds from investors of course require some terms and conditions that must be fulfilled, therefore the terms and conditions in borrowing will be coded through “smart contract”, so will certainly facilitate investors and borrowers.

In the implementation and running of the Smart contract process on this platform ecosystem, the Integration of the linux / python cron job API will manage all types of processes using Smart Contrac, this process will be hosted on the Microsoft Azure Cloud, using “Key Vaults” for key management. In the future that will come if this project is more successful will be added features of “HSM Gameloto” to facilitate the signing of the transaction.

INVOX TOKEN

The Invox Token is built to support its platform, the Invox Token will be developed and built on an Etherium network (ERC 20), of course this can make it easier to transact with all crypto currencies. For more details here is a description of Token from Invox Finance :

Price Every 1 INVOX = 0.0001 ETH

Max Cap 20,000 ETH ~ $ 17m USD

Main Sale Minimum Purchase ETH 0.1

Pre-sale Max Cap 2.91 ETH ~ $ 2.5m USD

Pre-Sale Minimum Purchase ETH 1.0

Currently Invox Finance raises funds to develop the system from Blockchain, market services and form a community. Invox will invest more than $ 500,000 AUD when the ICO is completed. Invox Finance will offer Invent Tokens to investors, institutions and retailers to help fund invoice financing evolution. You can also be involved by joining the Invox Finance community and participating in the Bounty program.

In the fundraiser, the company divides into 2 stages in ICO (Initial Coin Offering) or coin introduction, in this ICO period you can buy Invox Token at a discount. In addition to discounts you can also earn bonuses by participating during Pre-ICO and ICO, for more details please visit Invox Finanace Info.

INVOX Finance Token Sale & Info :

Website || Whitepaper || ANN Thread || Telegram || Facebook || Twitter || Bounty

My bitcointalk username : reyasuo

My bitcointalk profile : https://bitcointalk.org/index.php?action=profile;u=1867115;

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