Debitum network; the perfect partners for a better business life


The world as it is now is operating under   the principle of "survival of the fittest". This principle cuts across all sectors including the business financing sector. As it stands now, the major beneficiaries of bank loans are mostly the large scale enterprises . Banks only consider giving loans to the large scale enterprises because of the regulations attached with the loan contracts which small scale enterprises cannot afford. Sometimes I ask myself should you only be feeding the bigger and working horse alone leaving the smaller less active horse? Who will work for you in a time to come when the bigger horse is weak? These are issues which are overlooked by banks.
These and many other confounding factors have led to the establishment of many other alternative financing industries.

 Alternative finance industries
These are non-traditional, non-institutional routes which provide financial help to people who seek them. These industries provide financial support for the small to medium sized businesses for them to grow and get to a stage where they can obtain loans from banks. Notwithstanding the major contributions by these groups, there are still issues with  the credit gap which needs to be addressed.
Thankfully, Debitum Network is here to solve all these issues.

What is Debitum network?

This is a decentralized network that is designed to help SMEs get access to funds to grow their business. The main aim of Debitum network is to bridge the huge financing gap which is still not filled by traditional banks and alternate finance industries.

The problem
Traditional banks only look to serve larger businesses leaving smaller businesses due the strong regulations in their activities. Eventhough alternate finance providers aim at solving this problem, they are not able to serve much businesses since they are limited in their activities.

Debitum network providing the solution

The work of Debitum network is to apply blockchain technology to overcome all these hindrances. They do this by creating a global ecosystem which connects small-to-medium sized enterprises to a global source of capital.

The important principles of Debitum 
network.

1. Community-driven decentralizaction

2. Hybrid connecting crypto and fiat as the currencies used in the network.

3. Trust empowered by blockchain. One key principle in lending and borrowing is trust and that's what Debitum network enforces.

Benefits of the Debitum Network
1. SME's will have access to funds to expand their business.
2. Investors will also benefit by having direct access to invest in loans and they will no longer have to invest in loans through banks who give them just a little of the interest accrued.

New era is here for the benefit of all. Debitum network is here for both investors and SMEs to smile. For more informations on Debitum network, contact us on;

Website: https://www.debitum.network

Whitepaper: https://www.debitum.network/whitepaper


Comments

  1. Wow... Great article. Blockchain technology is the future

    ReplyDelete
  2. Great piece, block chain technology taking over

    ReplyDelete
  3. Amazing project. I hope this projects become a force to reckon with in the cryptocurrency markets.

    ReplyDelete

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