Hiveterminal: DACH upgrade now live!

On Friday, the team at Hiveterminal deployed a series of upgrades, allowing enterprise users from DACH markets to register and start using the Hiveterminal platform.

Hiveterminal will allow enterprise companies to use the Hiveterminal platform and its Early Payment Gateway to settle the invoices of their supply chain companies at a discount, creating a win-win for both parties. While smaller, supply chain companies will gain much-needed liquidity, the purchases of invoices at a discount they set will bring higher earnings for enterprises.

The Hiveterminal team will take on onboarding for both enterprise and supply chain companies to ensure things run smoothly. Enterprises will continue to pay the platform fees in the Hiveterminal token (HVN), while the additional fees for operational tasks can be settled in either HVN or fiat.

This marks the first concrete step in Hiveterminal scaling its platform, which will allow invoice sellers to acquire liquidity for their small and medium-sized enterprises (SMEs) through the use of a blockchain-based platform beyond the borders of our team’s native country, Slovenia.

We will update you regularly with new developments for the DACH region. For example, we plan to start hiring personnel within the DACH region to help us expand into new markets with a local presence.

Stay tuned.