Topic: [ANN] re:factor - New Asset in Global Crypto Economy - page 6. (Read 2056 times)

An original project with a well-grounded financial concept. I like that soft cap is installed on a real level. This is a signal that the team of the project makes real calculations, and does not show unreasonable figures.

I want to support every team, so good luck to you guys. Hope you will succeed.

The project looks attractive.
If the team of the project implements all its plans and will work in each country taking into account local specifics, then I am sure that this project will become one of the most profitable in 2018.

Looks interesting !

going to read your WP for some questions

I was surprised by the idea of this project.
Very simple and effective solution. By introducing a token into the relationship between the buyer and the supplier, we release a huge amount of money and this liquidity allows us to feel more confident in the market and more efficiently manage our money resources.

This is a great way to earn big money on a large turnover of funds due to a small commission. This is a good move, so the project provides its customers with better conditions and becomes the market leader.

I think a lot of enterprises will be interested in working on this platform, since the liquidity received through this project will cost significantly less than the liquidity that can be bought from the banking sector.

Will your project hold a bounty campaign? I really liked what you want to implement and I want to take part in the bounty campaign of the project. I think it will be very profitable.

Stunning growth rates. Your project has chosen a suitable market. I read the information on your website and I can say that I liked everything, I think your ICO will be successful and those who manage to take part in it will earn a lot of money.

It seems to me that your project is able to get a significant share of this market, I imagine what capitalization your platform will achieve in this development of events. Investors will be happy in this case.

yes hopefully this aja project will be successful and growing at the end of the remaining time of this little master, and hopefully can provide benefits for the bounty mantant sir.

On the one hand, this is a high estimate - 7/10, but I think that this project deserves more. This is an innovative project, it is connected with finance (and this is real money). I think that the growth of this project will be rapid. I think that the prospects for this project are very great. Even with a small market share, the money turnover in the system will be huge.

Total p2p (peer-to-peer) lending volume in 2017 exceeded $100 billion. This market has been growing fast in the past few years:

$1.2 bln in 2012,

$3.5 bln in 2013,

$9 bln in 2014.

To avoid a popular misconception: p2p (peer-to-peer) lending is still about loans that have to be repaid within a specified period of time and with a certain interest. Both individuals (peers) and organizations may participate in such transactions on different sides — so p2b, b2p and b2b transactions may happen. The main motivation for investors invest in account receivables is an opportunity to earn significantly higher returns comparing to traditional instruments.

If I correctly understood the concept of the project, then using this platform it will be possible to significantly increase liquidity in all spheres of business. Sellers will get the money they need, buyers will get the goods, and those who provide liquidity with help of this platform and RFT tokens will get their profits.
I think the potential market for this project is huge, since problems with receivable exist in almost all countries.

I'm surprised that such a project was not done in previous years. I see that such a service will be very in demand in many countries. It is very likely that such a concept will compete with traditional banking.

With establishing The Receivable Exchange, a marketplace for selling and buying trade receivables, the market started to transform. There are no consolidated figures on this relatively young market. Re:factor estimates its present day value well exceeding $10 billion a year.

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The nature of trade receivables was first described in the Code of Hammurabi back in 1750 B.C. Item 104 of the code of laws says “If a merchant gives to an agent grain, wool, oil or goods of any kind with which to trade, the agent shall write down the value and return (the money) to the merchant. The agent shall take a sealed receipt for the money which he gives to the merchant”. In other words, when a seller delivers goods to a buyer, the former doesn’t get paid right the moment; instead, he obtains a right to get the payment after the subsequent sell of the goods.In modern trade finance terms such a right is called “trade receivable”.

Some economic historians argue that factoring appeared in ancient Rome when local wealthy merchants attracted middlemen (factors) to assist with sale and delivery of goods. We know for sure that American colonists in the 17th century resorted to factors’ services when exporting from America to England. Second half XX century textile manufacturing boom in the United States and growing trade in the United Kingdom have shaped factoring. The world factoring market had reached 2.4 trillion EUR in 2016.

The receivables are like oil shale. Its reserves have always been there but only recently have we acquired the necessary technology that brought it to the global market and radically changed the industry. The same will soon happen to the receivables as well, and the meaning of these groundbreaking changes will be no less significant.

And some statistics. Asian factoring volume, which declined by 8.46% in 2015, suffered another decline of 8.47% in 2016 to EUR 508 billion. This was caused mainly by China, which saw a further decline of 14.5%. However, Chinese economy is expected to grow at a new normal with a growth rate of about 6.5% for 2017. Although China continues to be the world’s second largest factoring country after The United Kingdom, its factoring growth rate is not expected to experience the high growth as seen in the past.

Japan and Taiwan, two other major Asian countries also suffered decline in volume, albeit at a lower rate 8.7% and 10.45% respectively. Nonetheless, the growth in two other major Asian factoring countries, Hong Kong (27.7%) and Singapore (4.1%) as well as interesting growth in the emerging Asian markets of Malaysia (362.7%), Thailand (20%) and Vietnam (96.4 %) helped to cushion the decline somewhat. Yet Asia continues to be the second largest factoring region accounting for 22% of the world factoring volume. Consequently, some South East Asian countries, (Malaysia, Indonesia, Thailand, Vietnam) and India are expected to fuel the growth of factoring in Asia as there are signs of increase in factoring activity.