Invoice discounting / Supply Chain Finance

Invoice discounting / Supply Chain Finance

Invoice discounting / Supply Chain Finance

Blockchain platform for transparent Invoice Discounting / Supply Chain Finance / Factoring.

Primechain-INVOICE is a permissioned blockchain that enables suppliers to sell their invoices at a discount to investors. This enables suppliers to get faster access to money they are owed and enables buyers to get more time to pay.

Instead of relying on the creditworthiness of suppliers (usually smaller businesses), the investors deal with buyers (usually large businesses). This can lower financing costs, optimize working capital and improve business efficiency.

For details, see: http://www.bankchaintech.com/docs/brochures/Primechain-INVOICE.pdf.

  • Version: 1.0
  • Availability: Blockchain-As-A-Software
  • Source code: Available
  • Sandbox: Available as part of the Primechain-MONEY sandbox

FAQs

Under what mode is this project available to Bankchain members?
The source-code & node-code is available under the Bankchain License Version 1.1.
What are the costs for customization / integration?
This depends upon the scope of customization / integration required. Please email us the details on info@primechain.in.
Can we hire a third party vendor to do the customization / integration?
Yes.
Where can I get details about the features / architecture of this solution?
Does Primechain offer SLA / commercial support for this solution?
Yes. Please email us on info@primechain.in for details.
What are the hardware requirements to run this project as a pilot / PoC?
7 servers (Ubuntu 16.04) with the following minimum configuration: 32 GB RAM, 16 core processors, 256 GB disk
What are the hardware requirements to run this project commercially?
For the dedicated admin module: 3 servers with the following minimum configuration: 32 GB RAM, 16 core processors, 256 GB disk.

For each dedicated corporate module: 3 servers with the following minimum configuration: 32 GB RAM, 16 core processors, 256 GB disk.

For the shared vendor module: 8 servers with the following minimum configuration: 32 GB RAM, 16 core processors, 256 GB disk.

For the shared investor module: 8 servers with the following minimum configuration: 32 GB RAM, 16 core processors, 256 GB disk.