Debitum Network is an ecosystem which consists different counterparties which finance medium and small businesses. The system brings together everyone involved into financing processes such as debt collectors, investors, insurers, risk assessors, and borrowers. Everyone in the business will use Debitum tokens, and they are the only means of paying for the transaction on the platform.
The debitum tokens will increase the value as the time passes. The tokens were developed after analyzing possible models that use tokens and what was found out, had been applied in their system.
The value exchange role will be used to build and to nature the economy of the network. The tokens can be spent by the investors and borrowers in order to buy the services in the ecosystem and the ability in setting up the price for the services is gotten in the accordance of the quality and quantity of the services that have to be received. The tokens do allow the ecosystem users to set their price according to the service gotten with the quality and quantity services that are being received. Debitum tokens do allow the users to get the value and to spend it at valuable services in the manner that can be measured.
Toll role: the debitum token may be used like security in order to guarantee the delivery service for the counterparty.
The tokens can also be used in running Trust arbitrage for the smart contracts, and they indicate the trust levels for the counterparties in the ecosystem. The tokens can ensure the credibility for this system.
The reasons why Debitum Network create the new token?
Equipped to ensure future development
This task is decentralized, and it is the alternative finance industry which has an elegant solution without the use of Ethereum and is based on the devoted blockchain or the tangle ledger and other technology which is not upcoming. The platform is now using workable and also affordable solution, but in the future, they can be hosted by another third party that may have developed a better hosting platform. In these cases, when the network has their own token, then they can migrate easily.
Space to ensure legal compliance
When investors come together, they also accept to offer financial resources. However, the laws in charge of the financing are not the same from an area to another, and if you choose to use another currency, then the transaction can be labeled as the potential start of the money laundering. With the native tokens, there is valuable flexibility, and they can be used without the too much licensing requirement.
The leverage invention for the closed look for economy against the traditional competitors
The native token is the protectionist economic weapon to use in the disruptive and new ecosystem which operates in the hostile competitive environment, and this is in connecting with the above argument. It is good to note that most of the activities that are being done at Debitum Network, they are all in the long term and the ongoing efforts which are being used, and should be accounted for.
If you want to use Debitum Network, then you should be ready to buy the tokens at Debitum Network since this is a part of the system itself. You should first buy the tokens and use them after some time to ensure that you are a participant into the Debitum Network.
Official website: https://debitum.network/
Whitepaper Link: https://debitum.network/whitepaper
Bitcointalk Profile: https://bitcointalk.org/index.php?action=profile;u=1472959
