//Dynamic Invoice Smart Contract offered by InvoxFinance

Dynamic Invoice Smart Contract offered by InvoxFinance

This set of smart contracts will facilitate the creation and registration of dynamic invoices to promote authenticity and transparency to all parties involved – the buyer, seller, investor and other interested parties such as debtor insurers. It will also act as a safeguard against data manipulation by any one party.They will have the following functionality:Scanning of existing paperbased Invoices and adding a hash (SHA3-512) signature on an electronic copy – this will allowexisting paper-based invoices to be registered on the ledger with additional digital information attached to them. At any time, the original documents can be reproduced, providing the document existed in its current state before the time it was entered into the blockchain. All new invoices will be created as a dynamic invoice record. This will eliminate the need for scanning paper-based records.

This set of smart contracts will facilitate the creation and registration of dynamic invoices to promote authenticity and transparency to all parties involved – the buyer, seller, investor and other interested parties such as debtor insurers. It will also act as a safeguard against data manipulation by any one party.

They will have the following functionality:

Scanning of existing paperbased Invoices and adding a hash (SHA3-512) signature on an electronic copy – this will allow

existing paper-based invoices to be registered on the ledger with additional digital information attached to them. At any time, the original documents can be reproduced, providing the document existed in its current state before the time it was entered into the blockchain. All new invoices will be created as a dynamic invoice record. This will eliminate the need for scanning paper-based records.