What is Hive?
Hive provides new financial liquidity to small businesses by leveraging blockchain technology, giving them a range of crypto-currency based financing options.
Providing new liquidity by leveraging blockchain technology.
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.
Hive provides new liquidity to the SME market, purchasing micro invoices from trusted companies.
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.
Growth milestones.
Hive's multidisciplinary team of international experts started working on the idea behind Hive in Q2 2016. With keen interest shown by potential stakeholders in Q3/Q4 2016, the Hive team decided to go ahead and take the initiative.
