Have you ever imagined how difficult it is to start up a small business in a well-developed city? For those who have ventured, I believe you would agree with me that there is less opportunities for small and medium businesses in the most developed places in the world.
It is often true that where there is lots of problems to solve, is where there is a business opportunity to find. Developed cities are not accustomed to little problems which needs fixing but with major problems which demands lots of effort and finance to fix.
However, less developed countries (third world countries) have faced with diverse problems on a daily basis and has inspired many to go into business to solve these problems. But like third world countries, there usually is a lack of financial assistance from the government and a lack of investors which have made it difficult for individuals to start up their businesses or expand on them.
Well developed countries on the other hand, have investors who have the financial might to sponsor and grow small businesses but they lack the business opportunities to invest on. Such an irony, right? Individuals miles away seeking investors and investors miles away seeking these opportunities.
ETHICHUB has seen this problem faced by both investors, small and medium size business owners and start-up businesses and they are here with the solution.
ETHICHUB is creating a blockchain based peer-peer platform which will be responsible for connecting investors to profitable small, medium and start up farming businesses in various communities all around the globe. The platform will be opening a wild portfolio of investment opportunities in a global scale listed with risk ratings.
ETHICHUB will be universalizing access to the financial market by connecting investors to prominent projects.
HOW ETHICHUB WILL FUNCTION
ETHICHUB will be giving producers in developing countries access to better forms of loan than they currently have access to and be utilizing blockchain technology to bring to reality this outstanding opportunity.
Blockchain is currently the only technology which have the capacity in creating a global financial ecosystem, which is why ETHICHUB is utilizing this technology and smart contracts to bring this opportunity.
Although the platform will be digital, it will have ambassadors in various countries who will be responsible for assessing individual/business projects who seek investors and also communicating the importance of ETHICHUB to locals by holding seminars and events.
The ambassadors will also be responsible connecting potential businesses to investors in the ETHICHUB platforms.
The platform will be making use of ENTHERIUM and its smart contract which will be used to manage all information required to support the agreement between investors and borrowers, pre-agreed variables for the time-interval of the loan and repayment, interest rate, repayment date and more.
the platform being on the ETHERIUM blockchain and making use of smart contracts, will ensure the platform has its own utility token known as ETHIX Token and will be what is used as a form of payment in the platform in other to facilitate ease in sending funds across country with ease.
This platform brings a lot of benefits for small business all over the globe, and also provides investors with the best means to grow their resources. Therefore, I believe being a part of ETHICHUB as an investor or as a small business owner global will greatly be beneficial to you.
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