My Review of Pcore Platform: Making Use of the Blockchain Technology for Invoice Discounting

Despite the tremendous improvements that are going on in the global business sector, customers’ liquidity has always been a lingering problem which almost every business set ups are battling with which is also a very important aspect of a successful business enterprise.

Some other issues being faced by most businesses also includes the problem of invoice verification, financial constraints and factoring and also non transparent and outdated financial reports.

Therefore, in order to achieve a better business ecosystem, Pcore Ltd platform has taken it as a mandate upon itself to make use of the blockchain technology to improve the problem of liquidity and financial uncertainty of the global business ecosystem.

Before I dive in fully to the exclusive features of the Pcore Ltd platform, I’ll like to quickly remind us of the endless opportunities and advantages of the blockchain technology in this present technological age. We cannot deny conspicuous adoption of this technology in most global sectors, hence the more reason why the technology is being referred to as the next technological revolution. Increase in transparency of operations, improved security system and advanced payment and transaction system via cryptocurrencies are just few of the numerous usecases of this excellent technology.

Introducing Pcore Ltd

Pcore is offering a marketplace which in no doubt will improve the liquidity of their business customers and also offer optimum safety in selling of receivable invoices.

Businesses can easily connect, upload and trade invoices securely which in turns increases the liquidity rate of companies and at the same time providing a very good investment opportunity for individuals and corporate bodies looking for safe funding projects.

An interesting feature of this platform is its blockchain technology (Pcore blockchain) which is a distributed ledger technology and works with smart contract’s principle which allows businesses to automate their invoicing system.

How Does Pcore Intend to Ameliorate the Lingering Problems in the Global Business Ecosystem?

Pcore is replacing older paper based reports with extensible Business Reporting Language (XBRL) which is an international standard for digital business reporting. This form of business reporting language will ensure more useful, effective and accurate digital reports.

Also, Pcore will protect against fraudulent activities and also allow ease of transactions through the process of Covering Invoice in which client can upload any invoice they wish to secure while Pcore will cover the 90% of its value.

Sellers will be able to upload invoices into auction market after the review of their application by Pcore team and they will be able to decide whether or not they also want to insure their invoices investors.
Pcore team in an attempt to always offer the best services to their users have future plans to develop their own invoice processing software which will offer additional services such as customized and professional invoice templates, email reminders, quick invoice creation, information sharing centres and bulk transactions.

Pcore team will make use of smart contracts to handle inner blockchain transactions such as withdrawals and deposits while smart oracles shall be used for external exchange services and also cryptocurrency evaluation.

ICO and Token Details

• Token Name: PCORE
• Token Symbol: PCC
• Token Type: Erc20
• PCC Base Token Price: 0.39 USD per 1 PCC
• Payment: Eth
• Soft Cap: $1,000,000
• Hard Cap: $5,000,000
• Total Token Supply: 52,000,000
• Reserved Token: 20,000,000
• Token For Sale: 20,000,000

Conclusively, the global business ecosystem is about to witness a positive turn around with the awesome features being offered by the Pcore platform. Judging by the professionalism of he team behind the project and its well out modus operandi, I hereby consider this project as a very good and safe one to invest upon.

Team

For more information and enquiries, kindly check the following links:
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