PCORE – Combining Transparency, Trust, Speed, And Security
PCORE – The business world has been and still will be quite complex, associated with the advancement of technology. operating processes to grow at a pace unprecedented, involving some new numbers from earlier. Competition is fierce, while customers need the program quality and attractive price. These programs rely on financial invoices like never before to attract more potential customers.
Financial invoice (A / R), as a term, is not new in the business world, as it provides a stable source of revenue for the company. It is a form of contract between a buyer and a seller, where customers have the opportunity to pay for goods later. Normally, 30, 60 or 90 days’ notice to provide buyers with the opportunity to receive goods or services selected, while the company has a stable income over a certain period. However, immediately after the transaction is completed, the business is mentioned also liquidated because it can only accept the debt later.
At the same time, the emergence of blockchain technology has led to increased interest from organizations around the world. decentralized networks, global electronic money and smart contract all play their part. However, perhaps the most special feature is a translation blockchain providing secure. The system itself, through a smart contract, has the ability to improve the integrity of the transaction, ensuring that all parties must act on their promise to transfer.
Pcore Ltd. Provides market can significantly increase the liquidity of the business customer. Through the blockchain network developed by the project team, we are provided with the market where the customer’s account can be sold safely. This platform allows companies to connect, download, and publish a trading account, increase the liquidity of the company, providing a good platform for the company’s investment projects seeking financial safety.
Both sides have a lot of advantages that you can talk about when trading account on pcore platform. Companies that sell them will improve their financial capabilities soon to buy materials, pay for production or even pay their employees. The buyer (lender from now), on the other hand, can benefit from a reliable commercial enterprise. With accounts receivable financing, the lender receives interest in the form of profits. Therefore, the most important criteria for satisfaction is the reliability of partners, which makes factoring an ideal solution.
Pcore is a P2P (peer to peer) technology integrated into the blockchain, with the aim of combining transparency, trust, speed, and security blockchain with registered smart contract and invoice directly unite sellers and lenders.
Pcore aims to incorporate current technologies into a niche but growing market. As more and more businesses are turning to alternatives to bank funding, they are expected to give them a platform that they can redeem at their invoice with a faster way to earn the amount should be. Instead, help them grow, grow and compete with business costs.
Furthermore, regarding the benefits and objectives of the project pcore, pcore itself aims to incorporate current technologies into a niche but growing market. As more and more businesses are turning to alternatives to bank funding, they are expected to provide a platform for them to exchange their invoices with a faster way to get the right amount. In return help them grow, grow, and follow business costs.
Pcore allows businesses and investors to trade regardless of their geographic location, eliminating the need for a third party. Through pcore, it also can eliminate the need for a third party to help pcore keep the cost of sales and purchases invoices remained low and high speeds. No need to wait any longer, instant revenue to grow the business and gain instant. And all invoices are uploaded by the invoice seller Ethereum blockchain noted that eliminates errors and abuse. Businesses that are taken from the cover pcore will ensure the promised funds on that date because of the investor.
Pcore is an end to end platform that will give SMEs easier access to short-term financing by converting their receivables into assets that can be traded. With a 24-hour turnaround available, interest rates allow lenders to profit while the seller to get the liquidity that is essential to their daily operations.
Pcore Platform supports publishers, owners, and payers. Therefore, invoices can be made available as a source of liquidity together for factoring. Upload date earnings, the lender will have the option to choose the length of factoring and interest rates involved through a smart contract. Tokens will connect the party from all over the world, ignoring borders in the process.
We base our business on real-life issues that exist in a variety of industries. Thus, the model aims to solve the bottleneck pcore facing modern companies when dealing with liquidity and financial uncertainty. The main problems that interfere with markets for some regular bases are financial constraints and factoring, invoice verification, and financial reports are not transparent/outdated.
There are several steps required when verifying the authenticity of the invoice is sent. This includes confirmation that the service invoices are actually sent as claimed, inspection operations that have a direct relationship with the service invoice, and the investigation of the materials used to meet the requirements specified in which the invoice was built.
With the implementation of ERP systems, pcore intends to automate all of the processes involved in the validity of the analysis, make a checkpoint that users should take when verifying the authenticity of a potential partner. History of the invoice sent by the company to the public allowing automatic assessment of the validity and the associated risks further.
In modern business, an automatic check is almost impossible without constant physical examination. In addition, notes can be forged, further restricting investors to uncover the dirty game when it happened. Since there is no real incentive for companies to disclose their finances to the public directly, there is a high probability of false financial results.
Non-Transparent and Financial Statements Old
Problems with non-transparent financial statements may be as old as business itself. There are several reasons why companies want to hide their results correctly, especially when the invoice is questionable. business plans and financial statements, in general, must show the financial health of the company now and in the past. However, by removing the key data or even manipulate their presentation, the company in question appears to be in a good position, while the actual situation is very different.
Although the government has actually imposed a presentation of basic financial guidance through policies IFRS and GAAP, many companies continue to find ways to get past them. Model IFRS is a step forward when it comes to the investigation of bribery and illegal. However, it can not explain all the possible places where non-transparent reporting questionable, especially when SMEs are involved. Factoring invoice needs have increased in recent years, with emerging businesses in the SME sector. However, the problem still involves trust and accurate reporting.
Financial limits and Factoring
SMEs have limited access to the (working capital) of short-term financing. Bank demanded guarantees significant and large amounts of documentation when approving the financing of projects, especially after the last recession in 2009. This is a huge funding gap for small and medium-sized companies around the world, pushing the global factoring industry growth by 10% each year, Current estimates suggest that the invoice factoring market has a value of US $ 3 trillion in 2018, making it a market large enough to be investigated.
Since the beginning of the financial crisis in 2009, factoring in the United States and around the world has grown between the levels of 11% and 24% per year, adding more than one trillion euros in annual factoring volume in less than a decade. The industry practically doubled in size, although factoring modern era began only a century ago.
SMEs clearly at a disadvantage when dealing with the stock market in terms of credit rationing and financial imbalances, due to lack of financial strength. Gaps in financing have driven the need for alternative sources of financing, such as factoring.
As the format of presentation of financial data within the platform, we chose the XBRL (eXtensible Business Reporting Language). This framework represents an open international standard for digital business reporting. It is used throughout the world, with companies from more than 50 countries to apply them in their operations. Millions of XBRL documents are created each year, replacing an older report, based paper with the digital report useful, effective, and more accurate.
In the voice seller
After the registration of an investor, pcore will ask for some proof to verify the seller’s identity to protect your account.
After verifying the investor, they will be notified via email.
- Accounting research
Investors may look for the bill and filter searches by industry, the number of the bill, star ratings, the value is closed, and so on.
- Offer bill
Through pcore web platform, investors can bid for bills they consider beneficial and make an offer to the company’s reply to reach an agreement that is consistent with both sides.
For some invoices, collection of investment available and investors can contribute some of it. To see the returns they receive on their investment, calculation bar displayed on the next page billing platform that they can access.
For now only accept cryptocurrency Ethereum crowdsale as a means of payment. In addition, you should use the address PRIVATE KEY Ethereum with hands instead of using the address of the exchanger as Binance Ethereum, Coinbase and others. To participate in crowdsale, you must have a wallet Ethereum directed to an address token / crowdsale. The development team is working with security auditors to complete the contract. When they have completed their analysis, pcore will announce the date. Note that the parameters crowdsale PCC will be associated with the number of blocks, so time will depend on the level of mining Ethereum. The contract will be driven to the main network Ethereum 3 days before crowdsale starts.
Ethereum sales results will be used again to develop further projects and develop system platforms blockchain based billing platform that uses a token PCC as a replacement unit.
- Token Name: pcore
- Category Project: PLATFORM FACTOR FACTORS
- Type Project: TOKEN
- Platform Project: ERC-20
- Limited Country: CHINA, US
- Basic price Token: 1PCC = 0.39USD – 1PCC
- Retrieved: ETHEREUM
- Total Offer Tokens: 52 million
- Token reserve: 20,000,000
- Tokens sold: 20,000,000 token
- Prize: 500,000 tokens are reserved for team: 11,500,000
- Soft Cap: 1,000,000 USD
- Hard Cap: 5,000,000 USD
- March – April 2019
Pre ICO bounty.
Within our marketing campaign, we have considered the effectiveness and influence of social media content creators.
We Have decided to pay selected social media influencers within the crypto community based on their content engagement and promotion of Pcore (PCC).
Working with security auditors to finalize ICO contract.
- May – June 2019
20 million (PCC) will be on offer for investors.
ICO sale coins released.
PCC sold in pre-sale and ICO will be released to investors. Further information and updates will be announced through twitter.
- July – September 2019
New office site.
Reaching the end development of the invoice trading platform with the hired software developers to perfect the functionality and use for business and investors.
- October 2019
Launch invoice trading platform.
- December 2019 – January 2020
Start of building invoice software for China.
- March 2020
Pcore software launch date.
- April – May 2020
Start market research for penetration of Pcore into China. Integrating and testing Pcore software into Chinese invoicing market.
- June 2020
Marketing campaign starts for Pcore platform in China.
- July 2020
Explore new markets.
Explore new software development for invoicing.
MEET THE AMAZING TEAM
- Sezgin Aydin: Founder / CEO / Director
- Akin Aydin: Co-founder / Marketing Manager
- Vang YangPao: Co-founder / Development Manager
To know the latest information about the PCORE project you can visit the link below:
ANN Thread: https://bitcointalk.org/index.php?topic=5121997
Telegram: https://web.telegram.org/#/[email protected]
Bitcointalk username: ubay
Bitcointalk profile link: https://bitcointalk.org/index.php?action=profile;u=376156
Telegram username: @ubaygates
Disclaimer: “I’m not a representative or a member of the PCORE team, I just give you the latest ICO info”