Who will help small business?

Small and medium-sized businesses are experiencing not the best of times. Large companies continue to expand markets, capture influence, absorb small business. In general, everything is done to ensure that small and medium-sized businesses do not develop but simply exist.
I'll tell you about a team of developers, businessmen, economists and other professionals gathered together to support small and medium-sized businesses in the struggle for survival in such a dynamic market.

Problem

I will show you a few problems with the example of a shortage of working capital in the company.
Small and medium businesses face many challenges. The project team identified two of them, which in their opinion, most affect the future of the business:

1. Payments.
Statistics show that most companies in the B2B market do not pay on time in bills. This leads to the fact that the company lacks working capital and such situations often end, at best, loss of market share and orders, at worst - bankruptcy. It turns out that the company that owes money for goods or services needs working capital in order to successfully continue its activities in the market. But if you owe money, then where do you get it, this capital? Correctly, to be credited is the simplest and quickest way to solve a financial problem. From this emerges the following problem.
2. Lending.
Where can I get working capital? That's right - credit. But there is one but. Banks reluctantly lend to small and medium-sized businesses. This is due to the fact that small and medium-sized businesses often hide the facts of their activities, and banks can not get very important information for them and assess the real solvency of the company. Secondly, it is much more profitable for banks to lend to a large business: the cost of issuing a loan is the same, but big profits, of course, will bring large firms.
And what do small players in the market do in this case? It seems that everything is against them.
This is the task the PayBlok project team decided to solve. By the way, the project is already working, it is actively used by more than 2300 business units. The team is developing a very cool functionality on the blockchain, allowing more efficient work with the platform.

But in this article, I want to tell you why I believe in the PayBlok team.

Team

Tim Huegdon - Co-founder and CIO / CTO
Tim is a cool specialist (CIO / CTO) who has held advanced technical positions in large companies like Amazon Instant Video, Betfair, and Yahoo !. Now he is developing a start-up that can solve the problem of managing payments between companies and optimizing costs. He enjoys credibility in the community of web developers and mobile developers.
His experience in development is credible. Has a number of proven skills and is a specialist in leadership, planning, personnel management, software development, information architecture development. Also possesses the skills of working with HTML, CSS, JavaScript, YUI, jQuery, Python, Django, Pylons, Flask, SQLAlchemy, Ruby, PHP, Perl, XMLHttpRequest Technologies (for example, AJAX), data exchange formats (for example, XML, JSON) , HTTP and REST, * nix-platforms, MySQL, PostgreSQL, CouchDB.
For a person in charge of developing new products and services in the project, there is a considerable amount of knowledge. Personally, I believe that with such a CTO project really raise.

Lee Pruitt - Co-founder and CEO

An experienced entrepreneur who created and developed a cool B2B company attracted $ 5 million of investment and developed a staff of up to 30 people. During the work of the business, he developed many important skills for the CEO, such as business management, personnel; attraction of investments; knowledge of the work of CRM systems; development and promotion of the product and many other skills.
My opinion is this: a person who could create a successful company once, will be able to create an even more successful company a second time. One of Li's most valuable skills is the skill of creating, developing, promoting a start-up and turning it into a successful company. Required competencies this character has.

Neil Crosby - Head of Technology

This character occupied the leading technical positions in large companies with a worldwide reputation, namely: he was the leader of the development team at BBC, the technical leader in Amazon. During his time at these positions he gained experience in his field and now he embodies the most promising ideas in the PayBlok project.
In fact, companies such as Amazon do not take to themselves professionals who cannot show more than the result, and even more so do not put them in leadership positions. Therefore, I believe in the ability of this particular team member and, I think, he will pull out the project.

Mike Davies - Chief Technical Architect

He worked as a developer in companies like Yahoo !, IBM and others. He has 19 years of experience developing various systems and has the following skills: PHP, Python, Node.js, HTML, CSS, JavaScript, jQuery, MySQL, Elasticsearch, REST, XML, JSON.
Mike will perfectly complement the above specialists.
It's not all team members. For the rest, you can find the information on the official website of the project here

Token Sale

To implement this, the team releases 250,000,000 tokens. How will they be distributed?
60% will be sold within the framework of the token sale
18% will remain for the team and advisers
13% - reserve for the functioning of the system
5% - remuneration to participants of the platform for assistance in the development of the project
3% - a reward for bounty program participants
1% - reserve for the referral program

Conclusion

My opinion on the project is this: a team of really cool specialists assembled, with a cool idea, a vision regarding its implementation. I think that there is every chance of success. The project solves the real market problem, has the ability to scale.

About the project
Website: https://payblok.instasupply.com/
White Paper: https://assets.ctfassets.net/5vuk877t9hxd/5WnTZdghpeAe8acWoQUkgs/c19b1869a2d270fd0740d0d5b0c5b4ba/whitepaper-v11.2.pdf
Author
@ivan77777