Hiveterminal Launches Revolutionary Finance Platform

Hiveterminal Launches Revolutionary Finance Platform

The introduction of the first real-life use cases of blockchain adoption by Hiveterminal shows the readiness of the company in tackling one of the fundamental problems facing the industry and foresight that is mainly lacking among significant competitors in the Industry.

A Revolutionary Platform

Hiveterminal is gradually writing its name in the history books, as one of the first real life-use cases of blockchain in the finance invoice industry. The company is certainly among the first to tackle the multi-trillion dollars market issue while using the blockchain technology to solve its immediate problems.

 

Hiveterminal is leading the pack in trustworthiness and automatisation, possessing a foresight that will be the norm within the ecosystem in years ahead.

The Platform

Hiveterminal revealed the launch of its business for companies in Slovenia and other investors worldwide. Hiveterminal is easing the affairs of so many SMEs in so many ways.

The patent-pending solutions secure funds for the SME, while providing small-time contributors with the opportunity to get the returns they could not get if their savings were tied up in a bank account.

Hiveterminal through the blockchain grants every issued invoice a peculiar fingerprint. The innovation enables businesses to automate the invoicing process, bridging the gap between blockchain technology and commercialization.

The main aim of Hiveterminal is to become a full marketplace with trading analytics for peer-to-peer lending.

This will effectively increase the liquidity available to small businesses and create a central database of invoices available primarily for scoring and general auditing.

The innovation will also help in providing credit checks and facilitate fast, efficient and real-time auditing.

Expressing his excitement, the CEO and Co-founder of Hiveterminal Jure Soklic stated that:

‘’I am thrilled to announce that, from this moment on, one of the first use cases of blockchain adoption in the real economy is here.

Companies from Slovenia are able to upload their invoices and get instant and free liquidity, while invoice buyers from all around the world are able to buy their receivables, finding high-return investment opportunities in the real economy.’’

Revolutionizing the Invoice Finance Industry

Companies have been using invoice financing as a financial instrument for years, but the groundbreaking aspect is the model now allows anyone to partake as an invoice buyer (very different from the exclusively-based model that banks operate under), the technology solution and algorithm are all based on blockchain technology.

Hiveterminal is among the first company in the industry to bring full transparency and automatization into the global invoice finance industry,

Media contact

Contact name- Domen Ursic

Email- domen.ursic@hiveterminal.com

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