PayBlok (PBLK)

PayBlok (PBLK) widget

ICO date: 10.07.2018 - 23.07.2018
Product Type: Asset
Industry: Financial Services
Real Assets
Description:

PayBlok is a cryptoasset that incentivizes B2B payments within the InstaSupply platform.

Features:

The PayBlok wallet will be built as a centralized virtual wallet within the InstaSupply application, specific to each business vendor (buyer or supplier). Users will be able to transfer PayBlok into their wallets from external sources using standard blockchain, and will also be able to transfer PayBlok back out again.

PayBlok is a token aimed at solving small and medium size business cash flow problems by offering an early payment function on top of the existing features within the InstaSupply platform, which is already supporting the trade of over 2300 businesses, and is growing daily.

Buyers will be able to exchange PayBlok as part payment against Payment Runs in the InstaSupply platform. In simple terms, this will discount the current market value of any PayBlok used from a Payment Run when funds are collected from the buyer’s account.

Founded: United Kingdom, 2014
Website: payblok.instasupply.com
Whitepaper: Whitepaper

Rating Review and Analytics

Investment rating
NA
Hype score
Low 1.6 / 5.0
Risk score
NA

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See also