PCORE : Innovative Invoice Discounting Platform

 

Pcore is revolutionary in the way it is built. Businesses can sell their invoice into the marketplace and investors can buy the invoices for profit. The Pcore marketplace brings together invoice buyers and sellers in a way that the business world has never seen before. Pcore innovating invoices using the blockchain to change the way businesses get paid. With the help of Pcore, businesses and sole traders can sell their invoices and the buyers will come to the platform for smooth and SAFE invoice investments using PCC tokens only.

The Pcore invoicing software will help business, send, receive, and customize invoices with all of the functionality of traditional invoicing systems. This software will be linked to the Pcore invoice discounting platform for quicker & easier upload, and fund discounting options. This will help businesses to serve their customers and not wait for long periods to receive their funds.

During a recent press conference, the company spokesperson for Pcore was quoted as saying, “Many platforms have been created, but most of them are not adopted by businesses to bring that advancement everyone is looking for in the crypto space. Globally, it is evident that receiving funds from an invoice can take a long time, ranging from 30 to 90 days. This puts a lot of pressure on businesses to keep up with costs and can slow down the development of the company.” He went on to say, “When we look at this industry, big names like HSBC are looking for ways to integrate invoice financing within their services using the Blockchain. Why do we let the big banks take control of doing business amongst the community? We must advance with Blockchain tech and help it grow within our community and build the trust it deserves in the mainstream.”

This highly anticipated Pcore Token Sale will start on April 29th 2019 on the Coinlim Exchange. During Pre-Sale there will be a considerable discount on the Token price. Pre-sale price for 1 PPC Token is $0.20 with a 10% bonus of orders equal to or over 1 BTC. Token holders can buy invoices on the PCORE platform after launch, earning interest on 30-day invoices.

What is Pcore?

Pcore is P2P (peer to peer) integrated in blockchain technology, with the aim of combining transparency, trust, speed and security of the blockchain with registered smart contracts and directly bringing together seller invoices and lenders.

Pcore aims to combine current technology into a niche but a growing market. As we all know, market conditions are currently experiencing difficult times. Because more and more businesses are turning to alternative funding other than banks, they are expected to be able to provide them with a platform that they can exchange their invoices in a faster way to get the amount they should. In return, help them grow, grow and keep up with business costs.

The pcore blockchain technology (distributed book) applies smart contracts to assign a “unique fingerprint” for each transaction. This allows enterprises to automate billing processes and use factoring services on the platform. Each account has a unique record, transparently shown to all participants. Thus, due to transparency, creditworthiness can be established through the blockchain platform.
 

Pcore is an end-to-end platform that will provide SMEs with easy access to short-term financing, turning their receivables into tradable assets. With a 24-hour turnover, interest rates allow lenders to make a profit, while sellers receive vital liquidity for their daily operations.
 

Pcore platform supports issuers, owners and payers. Therefore, invoices can be available as a general source of liquidity for factoring. By loading the income date, lenders will be able to choose the length of the factoring and the interest rate involved in the smart contracts. Tokens will connect sides from around the world, ignoring boundaries in this process.

However, only the firm or the recipient of the invoice can provide access to detailed financial data about a particular company or invoice. This allows for real-time auditing, improves the credit scoring process, and speeds up loan approval. Those companies with a positive credit history will attract creditors more easily, while the incentives will be available for use as part of their operations. The algorithm is based on XBRL company data and risk assessment results.

Problems
Pcore is based on real problems that exist in different industries. Therefore, the Pcore model addresses the problems that modern companies face when dealing with liquidity and financial uncertainty. The main issues causing many markets for some people are often financial constraints and factoring, verification of invoices and non-transparent / outdated financial statements.

Solution
XBRL (Extensible Enterprise Reporting Language) is chosen as the format for presenting financial data within the framework of the platform. This platform is an open international standard for digital business systems. It is used worldwide. Companies from more than 50 countries implement it in their operations. Millions of XBRL documents are created each year, replacing old paper reports with more efficient, efficient and accurate digital reports. In other words, XBRL provides a language in which reporting conditions can be clearly defined. In return, the terms can be used to uniquely represent the content of financial statements or other types of reports of compliance, business results and business reports. XBRL is often referred to as the report bar code for reporting because it makes reporting more accurate and effective. 

Features of PCORE

A unіԛuе fеаturе оf thе рlаtfоrm іѕ thе tуре of thе uѕеd lаnguаgе bу thе system, It uses аn extensible business rероrtіng language known as XBRL.Thе language іѕ global recognize tool thаt mоѕt соmраnіеѕ uses on thеіr dаіlу jоb task.

PCORE еnѕurеѕ every іѕѕuеd іnvоісе іѕ uniquely іdеntіfіеd аnd automates the whоlе рrосеѕѕ, bringing ѕрееd аnd efficiency that is vastly ѕuреrіоr tо the current mаrkеt practices. With thе рlаtfоrm, uѕеrѕ аrе gіvеn a trаnѕраrеnt and trustless еnvіrоnmеnt thаt аllоwѕ for low rіѕk business transactions.

Alѕо ѕuррlіеrѕ and buyers hаvе access tо necessary trаnѕасtіоnаl information in rеаl-tіmе on thе dесеntrаlіzеd blосkсhаіn network, thеrеfоrе thе рrосеѕѕ іѕ transparent. Wіth this feature There is no nееd for еrrоrѕ, delays аnd inconveniences involved іn mаnuаl rіѕk еvаluаtіоn.

Advantages of PCORE

• Global P2P invoice discounting 
• Pcore enables businesses and investors to transact regardless of their geographic location, eliminating the need for any third party. 
• High speed and low costs 
• Taking out the need for a third party helps Pcore keep the costs of selling and buying invoices low and speed high. No need to wait longer, instant revenue to grow businesses and instant profits. 
• Pcore cover and safety 
• All invoices that are uploaded by invoice sellers are recorded on the Ethereum blockchain eliminating error and misuse. Businesses taken out Pcore cover will guarantee the funds promised on the date due to investors.

Token info
Token : PCC token
Platform : Ethereum
Type : ERC20
Price in ICO : 0.3900 USD

Investment info
Accepting : ETH
Distributed in ICO : 38%
Soft cap : 1,000,000 USD
Hard cap : 5,000,000 USD

Bonus
Pre-Sale Over 100 ethereum : 10%
Pre-Sale Over 1000 ethereum : 20%
Pre-Sale Over 2000 ethereum : 30%
Pre-Sale Over 8000 ethereum : 40%
Tokens for sale "20,000,000

Roadmap

Taking into account business development, we planned out an Initial coin Offering (ICO) as a channel of funding to build the necessary infrastructure for the Pcore invoice factoring platform. Using blockchain technology, we aim to build complete service and support teams that would carry out the necessary tasks of constructing, maintaining, and supporting the online marketplace.
 

The funds gained through the ICO would allow us to fund necessary operational activities, such as company offices, develop the trading platform, higher domestic and foreign professionals. At the starting stage, the only available currency shall be Pcore token, used for payments, fees, withdrawals, and deposits.
 

Should ICO commence successfully, the infrastructure would be developed within 2019, setting off the platform in a timely manner. Additionally, part of the pre-mined Pcore coins will serve as a reserve and bounty, while another portion will be held by the management team to ensure scaling opportunities.
 

As the market grows, we intend to list the token in external exchanges, to increase possible options for clients from around the globe. Thus, as a final stage, we intend to make core token tradable with any fiat currency in the world and attract top-notch companies to trade invoices within our platform.

For More Information Please Click on the links below:
Website: https://www.pcore.co/team
WhitePaper: https://www.pcore.co/whitepaper
Facebook: https://www.facebook.com/Pcore-PCC-351650118758061/
Twitter: https://twitter.com/PcorePCC
Telegram: https://t.me/joinchat/Lr_g4hNZ8vDU0qiwzAwH5A
Linkedin: https://www.linkedin.com/company/35598943

My Profile BTT: https://bitcointalk.org/index.php?action=profile;u=1273699