Hiveterminal

Hiveterminal is a blockchain based invoice financing platform that offers a peer-to-peer bridge between small businesses and liquidity.

[Hiveterminal @hiveterminal]

To buy an invoice on https://t.co/Qtp4lduYsy you have to pay a 1% fee. This fee is charged in $HVN 💡

$HVN is the utility token that powers Hiveterminal. You can buy it from an exchange i.e. @hitbtc or through the platform when purchasing an invoice. #smartBusiness 🧠

[Hiveterminal @hiveterminal]

Get the latest news and views direct from the team by signing up to https://t.co/Qtp4ldMzR8 and joining the official telegram channel! $HVN #News #Cryptocurrency #factoring

[Hiveterminal @hiveterminal]

In 2020 the estimated size of the factoring market in Germany 🇩🇪 was 270 billion EUR. The equivalent to over five million lovely shiny new #VW ID4s 🚗. Every household in Belgium 🇧🇪 could have one for that! You can see why Hiveterminal is expanding! #smartBusiness 🧠

[Hiveterminal @hiveterminal]

Don’t wait for your customer to pay you. Once your invoice is uploaded and sold through https://t.co/Qtp4ldMzR8, your payment can be cleared and in your business bank account within 24 hours! How’s that for quick 🏎️

#smartBusiness 🧠 #blockchain #DeFi #Finance

[Hiveterminal @hiveterminal]

The technology side of Hiveterminal is actively being transformed. We wanted to lift the veil on this transformation process a little, explaining some of the processes happening behind closed doors and letting our community join us for the ride.

https://t.co/eIVyDnk0kA

[Hiveterminal @hiveterminal]

Non-recourse factoring allows a company to sell its invoices without the obligation of resolving unpaid invoices.

With recourse factoring if the invoices are not bought, the seller buys them back.

Both have benefits 👍 and disadvantages 👎. #smartBusiness 🧠

[Hiveterminal @hiveterminal]

What other region abbreviations do you know or use?

[Hiveterminal @hiveterminal]

DACH is the acronym used to describe Germany (D), Austria (A), and Switzerland (CH). These countries represent the largest communities where German acts as the de-facto nationwide official language 🇩🇪. The DACH region is the next key market for Hiveterminal. #smartBusiness 🧠

[Hiveterminal @hiveterminal]

HVN is the ERC20 utility token used on Hiveterminal. When a buyer purchases an invoice they pay a fee of 1% of the value of the invoice in HVN. You can buy tokens direct on the platform or via exchanges such as @Lykke #smartBusiness 🧠

[Hiveterminal @hiveterminal]

The global factoring services market size was valued at 3,235.88 Billion USD in 2020. More than the GDP of ​​Sweden, Poland, Belgium, Austria, Ireland, Denmark, Finland & Portugal combined 🤯

Maximise on invoice factoring today with https://t.co/Qtp4ldMzR8 #smartBusiness 🧠

[Hiveterminal @hiveterminal]

Did you know that over 1.4 million tokens have been used to purchase invoices!

[Hiveterminal @hiveterminal]

A utility token is a crypto token that has a practical use case within a specific ecosystem or platform 🏭

Access to these tokens enables users to undertake specific actions. Each utility token is unique to its own ecosystem i.e. $HVN for Hiveterminal. #smartBusiness 🧠

[Hiveterminal @hiveterminal]

A wide range of industries use invoice factoring, this is reflected in the invoices already sold on Hiveterminal.

The key markets in 2020 by size were:
-Manufacturing 🧑‍🏭
-Transport and Logistics 🚛
-IT, Healthcare 🩺
-Construction👷.

What's your market? #smartBusiness 🧠

[Hiveterminal @hiveterminal]

Hiveterminal reaches a key milestone as it builds towards providing invoice factoring services in the 🇨🇭 Swiss marketplace.

@cointelegraph see why this is really important for us and what it means!

https://t.co/EUuor7Wv6q

[Hiveterminal @hiveterminal]

@SmithRozer US$ 4,877 Billion by 2027!! That is a huge level of growth. Does you report indicate what factors are driving that?

[Hiveterminal @hiveterminal]

Using invoice factoring, a business can have the money paid almost immediately through https://t.co/BrbQPgilt9

This improves cash flow and makes business planning and forecasting more accurate, potentially opening more opportunities 👌 $ETH #smartBusiness 🧠

[Hiveterminal @hiveterminal]

In 2020 the 🇩🇪 factoring market was worth 270 billion Euros. But as a percentage of GDP that's only 8.4%. Small when compared with 16% in 🇪🇸 and 14% in 🇫🇷 & 🇮🇹.

Plenty of room for this market to grow even bigger❗ A key driver for Hiveterminal expansion. #smartBusiness 🧠

[Hiveterminal @hiveterminal]

"We are happy to announce that after an extensive review of the company, the platform, and the business model, Hiveterminal has been granted member status. We will report to SRO annually on the activities of the platform and be subject to monitoring by an official auditing firm."

[Hiveterminal @hiveterminal]

One of the crucial steps in the Hiveterminal platform entering the Swiss market was gaining compliance with the Swiss Financial Market Supervisory Authority (FINMA).

https://t.co/Vrd6J4s7zj

[Hiveterminal @hiveterminal]

Invoice factoring grew significantly in the early 1900's.

This was through U.S. textile companies using factoring to provide them with the funds to purchase raw materials to expand & grow 👖

Manufacturers are key users of the Hiveterminal platform! #smartBusiness 🧠