The technological landscape has progressed massively in recent years. A significant and recent breakthrough of note is blockchain technology. The potential of blockchain is seemingly limitless, as countless industries are being improved and disrupted. Not to mention, the eruption of cryptocurrencies has put the spotlight on this exciting new tech era. However, despite the many benefits and the buzz surrounding the blockchain sphere, mainstream adoption has not been fully implemented.
There have been some drawbacks to blockchain technology in real world financial uses. Yet, it cannot be ignored that the financial sector has been disrupted by cryptocurrencies and the blockchain. The blockchain sphere is continually gaining traction, with strategic partnerships and innovative breakthroughs emerging.
As part of this progress, Hive Project, the first blockchain based invoice financing platform, today announced they have struck an agreement with Gosocket, a social business network that connects companies throughout Latin America.
Hive Project offers a unique auditor, risk manager and liquidity broker, all on the same platform. Named best token of 2017 at CoinAgenda Global, the Hive Project platform offer users A blockchain-based platform that provides fast and low-cost liquidity. The platform uses blockchain technology to grant every issued invoice a unique fingerprint. This allows businesses to automate the invoicing process, bringing the benefits of blockchain technology closer to commercialization.
The use-cases of blockchain technology in the global financial industry are breaking through. The partnership between Hive Project and Gosocket, has been signed and sealed, and the future looks bright. Over 1 million active Gosocket users are ready and waiting to get liquidity, and half a billion invoices are available for funding on the HVN-Anticipos Terminal. For the first time, anyone can benefit from the world’s first global blockchain powered invoicing solution.
Hive Project is approaching an exciting new millstone by establishing one of the very first blockchain-based startups to enter the established economic framework. This is a real showcase of one of the first successful use-cases in the global financial industry. Hive Project are on a trajectory for success, with the monumental integration of the HVN token into Anticipos, the Gosocket advance payment solution. Gosocket is a giant an excellent partner for Hive Project and boasts to have over 1 million active users, and approximately 7 billion USD in advance payments made through their platform and over half a billion e-invoices verified.
With breakthroughs like this there is masses of potential for the two parties, as they continue to break new ground.
Ugur Yildirim, partner and CFO at Hive Project stated:
“Today is a remarkable day for our young fintech company, with us completing our token sale less than a year ago.”
Ugur Yildirim went on to explain:
“Merging our revolutionary blockchain-based solution and the HVN token with Gosocket’s Anticipos will not only help catapult our business growth and development in key Latin American markets, but also give us the ability to use Gosocket’s technology in Europe. Apart from making a great business case in the global finance industry, this agreement will also create strong organic demand for our utility token (HVN) because all users will need it to access the invoices traded on the HVN-Anticipos Terminal.”
Gosocket’s social business network connects companies in 12 countries throughout Latin America. Based in Chile, Gosocket has offered hundreds of thousands of companies the opportunity to simplify their invoice discounting processes.
Gosocket CEO, Mario Fernández had the following words to say about this breakthrough deal:
“After 15 years delivering e-invoicing solutions and with commercial operations in 12 countries throughout Latin America, as an open network based on the exchange of e-invoices between suppliers and buyers, Gosocket has been developing some disruptive concepts including proactive financial services for SMEs, and our partnership with Hive Project brings what we believe will be probably the next step in the digitalization of financial services… the usage of cryptocurrencies.”
This new partnership is set to elevante Hive Project as being the first truly global blockchain-based invoice financing solution. Boosting the desirability of the HVN token in the process. To find out more in this exciting new chapter, visit the Hive Project and Gosocket websites. Join the community on social media, meet the team and get in touch on Telegram!
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