With a business agreement signed and sealed, the global financial industry is witnessing the start of one of the very first successful use-cases of blockchain.
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. The time has now come for the first truly global blockchain-based invoice financing solution!
About Hive Project
Hive Project, named best token sale of 2017 at CoinAgenda Global, uses blockchain (distributed ledger) technology to grant every issued invoice a unique fingerprint. This innovation enables businesses to automate the invoicing process, bringing the benefits of blockchain technology closer to commercialization – and biting into the global invoice financing market, which surpassed EUR 3 trillion in annual volume this year.
Strategic Partnership Details
With this business deal for cooperation between Hive Project (HVN) and Gosocket signed and sealed, Hive Project will be one of the very first blockchain-based startups to enter the established economic framework, showcasing one of the first successful use-cases in the global finance industry.
The integration of the HVN token into Anticipos, the Gosocket advance payment solution, is monumental for Hive Project. Gosocket is a regional giant, with over 1 million active users, almost USD 7 billion in advance payments made through their platform so far and over half a billion e-invoices verified.
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, a Chile based company, has already given hundreds of thousands of companies the chance to simplify their invoice discounting processes.
Mario Fernández, the Gosocket CEO, 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.”
The HVN_Anticipos Terminal will soon be available in the huge Latin American markets of Mexico, Guatemala, Costa Rica, Colombia, Ecuador, Peru, Chile, Uruguay, Argentina and Brazil, changing the way small businesses finance their working capital.
This new partnership will launch Hive Project into being the first truly global blockchain-based invoice financing solution, boosting the desirability of the HVN token in the process.