Pcore Platform

All You Need to Know About Peer to Peer Lending (P2P) - There are two approaches to the concept of peer to peer lending (P2P Lending), namely as a borrower or as a lender or investor.

However, whatever you are in terms of peer to peer lending, both roles will provide benefits for you in financial terms.

Indeed, this P2P Lending system is not without risk, just like other financial activities, you still have to be careful in carrying it out.

Some other problems faced by most businesses also include the issue of verifying invoices, financial and factoring constraints as well as financial statements that are not transparent and outdated.

Therefore, to achieve a better business ecosystem, the Pcore Ltd platform has made it a mandate to utilize blockchain technology to improve liquidity problems and financial uncertainty in the global business ecosystem.

Introducing Pcore Ltd
Pcore offers a market that will undoubtedly increase the liquidity of their business customers and also offers optimal security in sales of invoice receivables.

Businesses can easily connect, upload and trade invoices safely which in turn increases the level of company liquidity and at the same time provides excellent investment opportunities for individuals and legal entities seeking secure funding projects.

Concept
The Pcore blockchain technology (distributed ledger) applies smart contracts to set unique fingerprints for each transaction. This allows businesses to automate their invoicing processes and utilize factoring services on the platform. Functioning as a media, Pcore ensures the security of all parties' funds while providing market space for business conduction. Each account has a unique record, displayed transparently for all participants. Thus, through transparency, credit worthiness can be built through the blockchain platform.

Pcore is an end-to-end platform that will give SMEs easy access to short-term financing by converting their receivables into tradable assets. With 24-hour turnaround available, interest rates allow lenders to make a profit while sellers get liquidity that is very important for their daily operations.

The Pcore platform supports publishers, owners and payers. Invoices can, therefore, be available as a source of shared liquidity for factoring. Uploading income dates, lenders will have the option to choose the length of factoring and interest rates involved through smart contracts. Tokens will connect parties from all over the world, ignoring the limits in the process.

However, only the company itself or the recipient of the invoice can provide access to detailed financial data about the company or certain invoices. This allows real-time audits to be carried out, improves the credit assessment process, and speeds up credit approval. Companies with a positive credit history will attract lenders more easily while incentives and will be available for use in their operations. This algorithm is based on XBRL company data and the results of risk assessment.

How does it work?

How Does Pcore Intend to Fix Problems that Linger in the Global Business Ecosystem?
Pcore replaces older paper-based reports with the Extensible Business Reporting Language (XBRL) which is an international standard for digital business reporting. This form of business reporting language will ensure digital reports are more useful, effective and accurate.

In addition, Pcore will protect against fraudulent activities and also allow easy transactions through Cover Invoice where clients can upload each invoice they wish to secure while Pcore will cover 90% of its value.

Sellers will be able to upload invoices to the auction market after a review of their application by the Pcore team and they will be able to decide whether they also want to insure their invoice investors.
The Pcore team in an effort to always offer the best service to their users has a future plan to develop their own invoice processing software that will offer additional services such as customized and professional invoice templates, email reminders, fast invoicing, information sharing centers and mass transactions .

The Pcore team will use smart contracts to handle blockchain transactions such as withdrawal and deposit while smart prophecy will be used for external exchange services and also evaluation of crypto currencies.

ICO and Token Details
Token name: PCORE
Token symbol: PCC
Token type: Erc20
PCC Base Token Price: 0.39 USD per 1 PCC
Payment: Et
Soft Cap: $ 1,000,000
Hard Cap: $ 5,000,000
Total Token Supply: 52,000,000
Reserved Tokens: 20,000,000
Tokens for sale: 20,000,000

TEAM

For More Info Please Visit the Following Links:

Website: http://www.pcore.co/
Whitepaper: http://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

AUTHOR : DEMOLTION
BTT:https://bitcointalk.org/index.php?action=profile;u=1785646