Most of the small and medium sized businesses faced the problem of liquidity problems and the estimate liquidity gap is estimated of 2 trillion USD and rising. Banks are the only ways but banks formal procedures take more time and required more time. Hence it takes more time and it’s expensive most of the small businesses get down. With the help of blockchain and ethereum smart contracts small businesses will get benifit of secure payment and making transaction easier.
New platform Hive provides new financial liquidity to small businesses by leveraging blockchain technology, giving them a range of crypto-currency based financing options.
Hive (HVN) uses blockchain technology to give every issued invoice a unique fingerprint. With this idea incvoicing process will get automate, business will run smoothly. Hive team created a central data room in which all invoices will kept, also records of issuer, owners and players will available their. therefore invoices are ready for trading in market. Hive platform also provides, credit checks to made on comapnies and facilitate rapid and real-time auditing.
In simple language Hive is a platform which provides new financial liquidity to small and medium business by using blockchain and ethereum smart contract or technology. Also hive is solution for small and medium business to monetize their invoice.
Hive has pre-sale ICO before the launch of ICO, pre-sale ICO will be start on 19 June 2017 and ends on 3 July 2017, on the same day 3 July 2017 general ICO will get launch and it will be run till 14th August 2017. Early birlds of ICO will get upto 15% bonus.
Users can use only BTC or ETH to participate in ICO, the deposit must be from own private key not from exchanges (ex. coinbase). Hive have total supply of 500,000,000 HVN. 375,000,000 HVN will distributed to investors, for developement of hive 100,000,000 will be reserved, 15,000,000 for users growth pool and remaining 10,000,000 HVN are reserved for bounty rewards. If minimum amount is not reached during the ICO all funds will get refund.
NOTE: US citizens are not legally allowed to participate in the Hive Project crowdsale
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