What is Hive Project?
Providing new liquidity by leveraging blockchain technology.
Small businesses are the backbone of future dynamic and successful economies, but they face liquidity hurdles. The liquidity gap is estimated to be USD 2 trillion and rising.
A multi-trillion-dollar business with double-digit growth!
The global invoice financing industry has been growing at nearly 14% per annum over the past 20 years, adding over one trillion euros in annual invoice financing volume in the process. The demand for this type of financing is huge and on the rise.
Blockchain Revolution for INVOICE Financing.
Hive (HVN) uses blockchain (distributed ledger) technology to give every issued invoice a unique fingerprint. This enables businesses to automate the invoicing process and make it available to the general public. We create a central data room for all invoices, with a record kept of the issuer, owner and payer. Invoices can therefore be offered to the market for trading. This will rapidly increase the liquidity available to small businesses and create a central database of invoices available for scoring and auditing. In addition to bridging the liquidity gap for small businesses, the technology provided by Hive will help credit checks to be made on companies and facilitate rapid and real-time auditing.