. What is Hiveterminal (HVN)? Here is the Crypto Currency HVN Coin in All Details – In this article, What is Hiveterminal (HVN)? We will answer the question and try to present details about the project.
What is Hiveterminal (HVN)?
The iveterminal (HVN) project is a blockchain-based platform and designed to provide fast and cost-effective liquidity to the user.
The business model revolves around factoring where a factor buys or receivables that have not yet been settled and then deals with the supply of money.
Since the receivables are sold at a lower value, the more favorable price is especially valid for factored.
The seller benefits from the rapid liquidation of his receivables.
Block chain is used for factoring, which also ensures total security within the framework of transactions.
Also, the blockchain ensures that all account data is secured by a cryptography system.
Also, all duplicate entries in the blockchain are automatically eliminated so that it is not possible to sell the receivables twice.
To offer potential investors a higher level of security, the Hive platform’s blockchain is based on an algorithm that provides accurate risk data to the market.
This should enable an assessment of the risk for third parties and persuade smaller investors to the platform.
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How Does the Platform Behind Hive Coin Work?
Hive’s functionality is divided into three steps. In the first step, a company uploads its financial data to the blockchain.
Financial data is stored transparently and immutably through various nodes.
This means that it is not possible to change the data. The company has the opportunity to sell its receivables in case of a liquidity bottleneck.
Since blockchain is non-manipulative, it equates business trust issues.
This allows third parties to rely on accurate and reliable data, so the sale of receivables provides a mutual advantage. In addition, the system provides precise data on the business partner so that a better risk assessment can be heard.
Due to the high volatility, the HVN is a fairly volatile currency and this may surprise with its strong price increases.
Hiveterminal (HVN) is listed on the HitBTC exchange. those who want to buy can buy from this exchange.
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