Debitum Network is designed to create access to funds for numerous underbanked small businesses in the world. It also allows investors worldwide to invest in loans directly. Debitum Network is a blockchain-based solution to connect multiple parties, performing different steps of a lending process, including risk assessment, insurance and debt collection, in a single, transparent, trust-based and easily accessible ecosystem.
DEB tokens will be received in exchange for services provided by members of the ecosystem in each step of lending process. They will serve as a means for borrowers and lenders to use the system regardless of the currency in which they lend or borrow. The tokens will also serve as a guarantee to ensure the delivery of the service by each participating party. They will trigger smart contracts designed to objectively evaluate the performance of every service provider, thereby creating motivation and trust within the ecosystem.