Hello friends, you meet me with again today, for those who just met with me nice to meet you. Well let's discuss about the project that I think can help solve the problems around the banking that is. the credit disparities.
The banking industry has been established since 600 years ago, but they can not solve the problem of micro credit lending. In 1984 there were 14,400 commercial banks in the United States, but currently there are only 4,982 banks left. The decline in individual banks can be explained by the centralization that brings more internal rules and centralized processes, thus making the bank more difficult to serve small local companies. Micro-enterprises belong to unprofessional individual financial management being a problem in micro-enterprises. The existence of a credit gap that reached $ 2 trillion. Where the Central Bank is in control with strict limits and rules. By using regulations, financial institutions in the region are actually ordered to prevent SMEs from funding from International investors and individuals, so that SMEs are difficult to realize their business.
Industries that have taken the challenge to solve this problem are often referred to as 'alternative finance'. As the name suggests, alternative financing is when someone borrows money or sells equity, chooses the option to go to non-traditional and non-institutional lines. Such alternative financing services usually ensure early access to finance for SMEs by providing services and financing if traditional banks are unwilling.
In addition to easier access to funds, an important advantage of alternative financing is the speed of operation and higher convenience.
Now let's talk about Debitum.
Debitum is a business engaged in financing for more than 3 years. Debitum Network is a hybrid ecosystem for financing small and medium businesses. Debitum Network uses the Blocked Ethereum-based process along with the subject and interest of moving on using fiat. By using a trust-based blockchain solution the Debitum Network ensures the trust required for all partners, especially investors, to operate within the ecosystem. Debitum Network is designed to bring together borrowers and people who help them implement them: investors (lenders), risk assessors, document validators, insurance companies, etc.
Companies or individual professionals working in an alternative financing space can connect to the network for free and immediately begin facilitating cross-border transactions. In addition, Debitum is also built as a hybrid platform where all actions are processed through Ethereal Blockchain, which makes the Debitum Network as a secure and undestructive infrastructure. it consists of a smart contract based on Ethereal, which is calculated with one internal payment method.
Debitum Token or DEB.
Debitum Token or DEB will be utility that has multifold properties. The DEB Token will be used by borrowers and investors to purchase services on an ecosystem with the ability to set the price of services obtained in accordance with the quantity and quality of service received. The DEB token will also be used to run a Trust Arbitrage intelligent contract that will show the level of trust of each network partner within the ecosystem. In this way the DEB token ensures and guarantees the credibility of the Debitum Network.
Anyone with spare money can join the Debitum Network, so they can lend to SMEs. Because the Debitum Network is growing all over the world, with a very limited number of DEB tokens on the market, the value of the token obtained can be improved. The more loans processed through the Debitum Network, the more DEB tokens are required. Because all service providers need to freeze multiple tokens, token supplies of DEB are limited. In the crypto world, increasing token values often indicate that the company is expanding rapidly.
Roadmap
Learn more about what Debitum has accomplished so far, their short-term plans, and what they'll create together.
2015 - Q2 2017
Starting from the company
2015
Incorporated DEBIFO - an alternative financing company
2016.01
Join the p2p Mintos financial platform
2016.10
To reach a financing agreement with MUNDUS private debt fund
2017.02
The ecosystem is planned.
2017.06
Reached the 3M EUR portfolio, nearly 20M asset turnover of EUR
Q3 2017
Creating a Concept Proof
2017.07
Expand core teams with business and technology advisors
2017.08
Establish a global business development team
2017.09
Build and use the MVP version on the Ethereum Ropsten block
2017.09
Parallel to the first counterparty ecosystem
Q4 2017
Increase funds through Crowdsale
2017.10
Launch marketing campaign
2017.10
Expand the Debitum Network community
2017.10
Combine Network Debitum
2017.12
Chapter Crowdsale A - Raised 1.2 M USD
Q1-Q3 2018
Building a Debitum Network 1.0
2018.02
Crowdsale Round B
Product development begins
2018.03
Expand the Debitum Network team to prepare for global expansion
2018.06
Establish a Debitum Network in the first target country
2018.09
Test and audit Debitum Network 1.0 before public launch
Q4 2018
Because Network 1.0
Developing the Ecosystem of Debitum Network version 1.0 with manual on-boarding generators, investors and additional service providers.
Starting from the company
2015
Incorporated DEBIFO - an alternative financing company
2016.01
Join the p2p Mintos financial platform
2016.10
To reach a financing agreement with MUNDUS private debt fund
2017.02
The ecosystem is planned.
2017.06
Reached the 3M EUR portfolio, nearly 20M asset turnover of EUR
Q3 2017
Creating a Concept Proof
2017.07
Expand core teams with business and technology advisors
2017.08
Establish a global business development team
2017.09
Build and use the MVP version on the Ethereum Ropsten block
2017.09
Parallel to the first counterparty ecosystem
Q4 2017
Increase funds through Crowdsale
2017.10
Launch marketing campaign
2017.10
Expand the Debitum Network community
2017.10
Combine Network Debitum
2017.12
Chapter Crowdsale A - Raised 1.2 M USD
Q1-Q3 2018
Building a Debitum Network 1.0
2018.02
Crowdsale Round B
Product development begins
2018.03
Expand the Debitum Network team to prepare for global expansion
2018.06
Establish a Debitum Network in the first target country
2018.09
Test and audit Debitum Network 1.0 before public launch
Q4 2018
Because Network 1.0
Developing the Ecosystem of Debitum Network version 1.0 with manual on-boarding generators, investors and additional service providers.
Token Debitum Network is the core of the entire project. with the following specifications:
Name: Debitum Network Token
Symbol: DEB
Rate Token: 1 ETH = 2,888 - 3,750 DEB
Standardization: ERC20 based Ethereum network
ICO program start date: 25-01-2018 up to 25-02-2018
ICO Program payments: Ethereum
Target Softcap: 25,000 ETH
Hardcap Target: 50,000 ETH
To find out with this Debitum Network project and its ICO program we can contact the official contact of Debitum Network below:
Website: https://debitum.network/
Whitepaper: https://debitum.network/whitepaper
Debitum Network Demo: https://demo.debitum.network/#/login
Telegram: https://t.me/joinchat/G6KFmURKsu0FIfJetJ3mOA
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