This solution enables businesses to establish global trust, secure smart credit, and have control over interest rates and payment terms.
TruX focuses on establishing immutable trust between borrowers and their vendors, issuing smart credit, and offering control over interest rates and payment terms.
The decentralized nature of blockchain along with our pioneering technology ensures transactions on our platform are easy, fast and highly secure.
TruX offers a verifiable method of comparison on businesses and financial reputation. With better reputation, trusted borrowers can get financing easier and at lower interest rates.
Successful cash-out results in better credit rating and reputation for borrowers and can qualify them for greater borrowing power in the future. This means that even start-ups can join our platform and start building their global credit.
FintruX adjudicates every borrower on the platform, constructing a transparent trust profile which provides their creditors with a detailed understanding of their clients’ creditworthiness.
FintruX implements novel credit enhancers and provides decentralized reputation profiles, thereby allowing lenders on FintruX Network to participate in risk-reduced financing.
Using smart credits, our platform increases efficiency, reducing manual processes and improving the overall user experience.
FintruX constructs a transparent trust (TruX) profile for each borrower establishing global creditworthiness and reputation.
Compounding interest and flexible terms incentivizes lenders to hold onto the smart credits, establishing a perpetual line of credit.
The lenders are protected by the platform’s four levels of credit enhancements including a credit-risk pool.
Borrowers and lenders build stronger relationships built on trust, and third-party investors are no longer required.
All users of the platform can earn a referral fee for inviting borrowers to join the platform.
Trust via blockchain, AI credit scores + credit enhancement protections.
Small businesses can efficiently manage their financial obligations without the burden of handling cash currencies to pay existing commitments.
The vendors (lenders) receive monthly compounded interest on the amount owed to them by the borrower.
Receive payments instantly via smart credits which does not fluctuate with price and is cashable from borrower given a month’s notice.
No imbalance of lenders and borrowers since existing creditors are turned into lenders. The loan agreement is replaced by a smart contract, ensuring the simplest architecture.
Any questions or want to see a demo? Reach out to us and we’ll get back to you shortly.