Post
Topic
Re: [ANN] - HIVE PROJECT - World’s first crypto currency invoice financing platform
by
OMuldoon
on 14/11/2017, 19:02:01 UTC
I'm gonna throw my hat in here and say I'll be shocked if this coin has any volume a year from now.
Hello, thanks for your comment! Our strategy to get SMEs on board will be to integrate ERPs – this represents the pinnacle of our go-to market strategy – and this also addresses the problems associated with the network effect and adoptability. We will be able to get thousands of SMEs and invoices on the system in one go, putting your concerns about volume to rest almost immediately. Lenders and auditors will be able to use the data for audits, when making financing decisions and to improve the accuracy of their credit scoring processes. They will appreciate that the data is stored on blockchain and is therefore immutable and easy to access. The reason why ERPs are our entrance point is because they already have vast user pools with lots of data, are trusted, and it is also possible to integrate the platform with supply chain systems. This leads to further possibilities for automating the process.  As you will see, it makes more sense to go down this route rather than attempt to win customers that are already there for us. Once these deals are in place, SME owners will be able to get the liquidity they need through a simple click in their accounting program. And that is why we are working around the clock to create the system needed to achieve that. Our platform is in high demand among ERPs worldwide and they cannot wait for us to deliver on what we have promised. I hope that helps explain things Smiley