Borderless SME business financing
For those of you who missed the ICO 2 weeks ago, Debitum Network is an innovative hybrid ecosystem for small business financing – utilizing Ethereum blockchain based process together with principal and interest moved using fiat. This ecosystem based on decentralized and motivated communities brings together SME borrowers, local and regional risk assessors, debt collectors, insurers as well as global investors with interconnected trust-based smart contracts.
Debitum is an existing business in alternative finance for 3+ years. There is a global credit gap for SMEs of more than $1.5 trillion worldwide. We want to disrupt and revolutionize this by creating a new ecosystem – Debitum Network. It will be a blockchain and trust based ecosystem joining various players (investors, risk assessors, document validators, insurers etc.) to complete end-to-end financing loop for SMEs.
Debitum are about to make an announcement mid March which exchanges they will be listed on. So for those of you who missed getting in at ICO level buy them quickly as they are predicted to be a 100x coin by industry leaders such as Cliff High.