AN ALTERNATIVE PATHWAY TO FINANCING YOUR BUSINESS VIA BLOCKCHAIN TECHNOLOGY- THE DEBITUM NETWORK APPROACH

The way businesses – both small and medium sized- were financed in the past were largely from personal savings and/or contribution with a little fraction ever financed from loans, micro credits or the government’s initiative. Because most of these businesses lacked proper or adequate financial take off, the full potentials of such businesses were never attained as most of them either collapsed in the face of economic pressure from competitors or family needs or a number of challenges simply obliterated the business as the buffer against these challenges simply was not very thin or out rightly unavailable.

Today, a radical departure from such non profitable, one generation, and little life span business is here and it is powered by the radical yet evolving ledger, the blockchain technology.

DEBITUM NETWORK is introducing a foremost and novel approach to the way funds can be accessed to finance, sustain and expand micro, small and medium sized businesses. It will readily afford the business owners the opportunity of accessing loans at very friendly interest rates via the peer to peer programme (P2P) by employing the nascent but fast evolving blockchain technology. The blockchain technology will afford the Debitum ecosystem to be accessed without the restraint of borders. The Debitum network is a system built to meet the rising credit gap in about 154 countries all over the world where access to funds as loans or grants are very difficult if not non existing. It is a platform that is designed and has the capacity of meeting the needs of entrepreneurs who seek to have a level of financial freedom in their business but lack credit.

The professionals who have built this platform are seasoned and well informed specialists who understand the solution they are bringing to the table. They have proven hands on deck expertise and bring innovation to the composite nature in the Debitum Network.

The Debitum network is designed and geared to run on the ERC 223 on the public Ethereum standards. This network will employ the use of Tokens known as Debitum tokens (DEB for short). Quite a number of countries have been penciled down for the launch project from the Asia to South America and the Middle East. Others include Africa and certain countries in both the Euro and Non-Euro zone.

The system will be a hybrid where crypto currencies and fiat can be interchanged and used to facilitate the availability of credit for business owners and entrepreneurs. It will be marked by trust and flexibility

Welcome to the new age of alternative credit sourcing!!!!

Welcome to Debitum Network!!!!!

For more information please visit:

https://debitum.network/

https://debitum.network/whitepaper

AUTHORED BY: https://bitcointalk.org/index.php?action=profile;u=1221082