Delayed and non-performing loans is an inevitability even on the safest p2p lending platforms. If an investor has a lot of loans in his portfolio, he will occasionally have a defaulted or delayed loan. Commercial banks typically have 1-2% percent of defaulted loans. Percentages with different loan originators or p2p…

Every year LendIt organizes one of the biggest events for innovation in financial services and lending. This year the event took place on the 19-20th of November in London. There were more than 1000 participants and over 150 speakers from 50 countries, including our own Martins Liberts. This year’s agenda…

In P2P and P2B lending platforms a buyback guarantee is a guarantee provided by a loan originator regarding a specific loan. If repayment of that particular loan is delayed by more than a specified number of days (typically from 30 to 180), then the broker (loan originator) is obligated to…

Risk assessors give businesses that come for a loan a credit score. It is a rating that provides a conclusion on your business credit reports. The credit score helps lenders understand the strength of your business model, how responsible and committed you are to achieve your business goals, and whether…

Importance of logistics for business It would be impossible for the current world to exist without goods or objects delivered or transported between places. Logistics is a part of supply chain management; it plans, implements and controls the flow and storage of goods and services in order to meet customer’s requirements….

Losing money to inflation? It is a proven fact that the amount of money you have today is worth more than it will be in the future and in places like Venezuela or Zimbabwe, unfortunately, your money, eventually, becomes worthless. This happens due to a process of inflation, which is…

Investing is always associated with risk. There are no 100% safe investments. An investor always looks to balance the acceptable level of risk with potential reward. Some are willing to bet on EUR/GBP exchange rate fluctuations in the face of Brexit with 20x leverage on some retail Forex platform, while…

Saving and investing in money matters might be compared to defense and offense in military. One maybe considered more passive. You know, waiting in the trenches and waiting for the enemy to attack, and yes, expect to successfully defend. The other one is more active. It is not waiting for…

The cost of borrowing money is known as interest. When an individual or a business takes out a loan, the money they must pay back in addition to the initial amount is the interest. When you deposit money in a bank, the amount the bank pays you to keep the money…

We are happy to introduce you to our newest partner on our platform – Elastum. Elastum is a broker that will provide exchange service for EUR/DEB (and later other fiat/crypto currency exchange possibilities) on our platform. Find out about the broker’s mission and how its’ service on our platform looks…

One way to classify investing strategies is to take into account the time horizon. Long term versus short term is often discussed by financial experts, analysts and portfolio managers. One type of strategy by no means is better than the other. We may take the Oracle of Omaha Warren Buffet,…

Debitum Network pursues the goal to have a decentralized lending marketplace platform, which would involve as many professional businesses, institutional and private investors, as well as qualitative third parties providing services such as risk assessment, insurance, and debt collection. One of the parties is loan originators that put invoices or…

We want to announce about MakerDAO and Debitum Network ongoing cooperation to integrate their systems and utilize the power of Dai Stablecoin to maximize profits for investors on Debitum lending platform and hedge against volatility that most cryptocurrencies undergo on a regular basis. Currently, Debitum Network is testing API integration…

Debitum Network platform 1.0 Abra has been live for one month. Borrowers have uploaded the assets (short term loans) to be financed, a lot of investors onboarded and now anyone can participate in the funding process to help with the growth of SMEs around the world. We currently have 32…

Blockchain use beyond cryptocurrencies Blockchain is an underlying technology for Bitcoin and Ethereum cryptocurrencies. This is what it is typically associated with. However, it is way much more and may give so many benefits for those that adopt it, that even governments, central and commercial banks, and various institutions both…

Since the initial launch of our Debitum Network platform 1.0 Abra on the 3rd of September, we have been working on a lot of new features and functionalities to improve user experience and provide extra possibilities for both fiat investors and crypto community. In this blog post, we want to…

Debitum Network has had a goal to be a fiat/crypto alternative lending platform since its’ inception. We want to welcome both fiat investors and crypto community on our platform and provide the possibility for everyone to participate in the process of providing funds for small businesses around the world by…

Diversification in investments is a method to reduce risk by distributing your funds among different financial instruments, industries, categories, and investment timeframes. Investors similarly use it to maximize returns on various investments that tend to perform differently at different market trends. It may not completely rule out risk, but surely…

The current trend in recently issued ICOs A lot of negative publicity has been given to blockchain companies and ICOs in the mass media recently. The question of transparency of the newly established companies, exchanges, and management has been raised again and again. A recent study shows that around 1000…

Lending institutions give businesses that come for a loan a credit score. It is a number that provides a conclusion on your business credit reports. The credit score helps lenders understand the strength of your business model, how responsible and committed you are to achieve your business goals, and whether…

People who bought DEB tokens during crowdsale often ask why our tokens are not listed on the biggest and most popular exchanges. Good news is that at the moment our tokens are listed on Kucoin and LATOKEN exchanges, which may not be among top 20, but are already among top…

We are happy to announce that from the 17th of September our DEB tokens are listed on the LATOKEN exchange, where you can register and deposit. On the 19th all registered users can start trading DEB tokens. The listing is an excellent opportunity for our tokens to get more liquidity…

Every year, Keynote World Blockchain Forum organizes the biggest blockchain industry influencer event – World Blockchain Forum London, where visionary leaders, economic pioneers, and enterprising investors from around the world come and discuss the future of our financial world. The event features world-class speakers that participate in discussions that help shape…

Investors will always seek how to deploy their money and diversify them, considering risk, expected return, and available capital. Financial and investment analysts monitor various funds, indices and other investment options to figure out which investment portfolios earn the highest average throughout the years. Investors, business people, and those, that…

On the 23rd of August, Debitum Network organized a testing event in Blockchain Vilnius premises and presented a demo version of the long-awaited platform, that is due to be released on the 3rd of September. Co-founder and visionary of Debitum Network Martins Liberts gave a short speech to VIP attendees,…

VZ (Verslo Zinios), one of the leading business/finance newspapers in Lithuania invited co-founder of Debitum Network Martins Liberts for an interview. Martins sat down to share his vision of Debitum Network, behind the scenes of preparation for the upcoming release of the platform on the 3rd of September, and future…

The global problem of job loss to technology As the 21st century has become an age of technological innovations, automation and robotics, an acute problem of job losses to technology has become actively discussed topic by governments, companies and ordinary people around the world. The trend has been prevalent in…

Our global lending platform Abra 1.0 launches on the 3rd of September. After the launch, investors from around the world can start onboarding and deposit both crypto and fiat, and, after authentication, begin investing in available assets. Credit score and interest rate Investment assets are loans and they are categorized…

Our team at Debitum Network is expanding rapidly and with the approach of the platform in September, we expect to grow even more. Today, we want to introduce you to our new country manager for the Czech Republic Nikita Inzhevatov. Nikita spent two weeks in our Vilnius office familiarizing himself…

Traditional way of getting a loan, that involves going to a bank and filling an application is probably the only way most people imagine. However, there are a lot of other ways to get funds for your small or medium-term business. Alternative finance companies can offer you a few possibilities…

A lot of small business enterprises find it difficult to obtain traditional loans from banks. If you started your business just a few years ago, have a low credit score and need less than $200, 000, a bank will probably reject your application. According to some estimates, banks will reject…

Investors and smart money are in constant search for good options to invest their capital with as high expected returns as possible and as minimal risk level as possible. Despite the fact, that risk and safe hardly ever walk together, historical records show that above average returns abound in newly…

Debitum Network 1.0 Abra receives a new feature – Industries. Industries attribute was added to each asset. Industries attribute also will be visible in Asset list. This attribute will allow Investors to perform more precise analysis, search of attractive assets. It will also improve filtering functionality, statistics numbers, and assets…

Management team of a successful ICO should treat available capital (the one that can’t be deployed right away) similarly as any investor would do – diversify it among assets, look for solutions over various periods of time, ensure durability of their business. Investment in alternative financing via various platforms like…

You must look at the industry you are in if your SME wants to find a loan. Many groups might have an easier time with getting loans. You are more likely to benefit from a quality loan if you are in one of these industries where loans are often requested…

The process of applying for a loan for your SME can be a hassle to bear with. It is even worse when your business is unable to get the loan it requires. There are many issues to watch for regarding what might make it harder for you to get the…

A lot has happened internally in Debitum Network. Our team has grown, and we have seven new Debitum family members. The platform process has been tested by onboarding the first assets. The development team has kicked into high gear, and we successfully closed Q1 of 2018. We decided this would…

Recently, the need for third-party vendors for giving out a loan has been rising. More and more different processes are being incorporated into proper loan management. As it is too difficult for the financial centers to take care of the whole process themselves, they keep third-party vendors in the loop….

Cryptocurrencies have potential to revolutionize the financial world. However, they are still in their infancy, so market turbulence happens, because countries and companies are still trying to find the correct way to adopt them into their financial ecosystem. An additional destabilizing factor in the cryptocurrency market is the number of…

A month ago we announced our partnership with Credital. Now it would be a good time to explain a bit more about this in detail. This partnership works great for both parties. Credital is an alternative lending company. They provide business loans to SMEs in Lithuania. Their core focus as…

Over the last few weeks, all but one of the crowdsale activities have been concluded – vested tokens. Vested tokens are tokens “locked in” until a specific date. They cannot be sold or transferred. Vested tokens are protected by the blockchain itself, within a smart contract a function is used…

We are pleased to announce our newest partnership with Lithuania Kaunas University of Technology (KTU). KTU will take part in the development of Debitum Network Trust rating calculation algorithm for ecosystem community members. KTU was established back in 1922, since then they are working on a sustainable partnership between science and…

Crowdsale has closed, automatic distribution of additional DEB tokens has been done, only a few manual distributions are left. Hence it is the right time to update the circulating and total supply of DEB tokens to provide more clarity to the community. The total amount of DEB tokens is 400…

If you have a small or medium enterprise, you probably thought about applying for external financing, essential for growth. Consequently, you likely faced a lot of trouble. Taking out a loan for a small company is a long and complicated process demanding lots of effort and often ending up to be fruitless. Here, we introduce you to the most common SME financing problems and possible solutions for them.

As our operations continue to move forward we wanted to share another update with you. We are moving towards a more long-term focused finance management strategy.

Although blockchain technology is developing rapidly, it is still in its early phases of adoption and integration, which means that many important questions arise to investors and the community both. Blockchain companies financed by an ICO, occasionally receive doubt from potential investors and backers, as many are still not familiar…

Exchanges, Business partnerships, the Team, working through the night and why are we so quiet. Here is what you might have missed and the news.   Exchanges tl;dr. DEB tokens are listed on Lykke and KuCoin exchanges. Other exchanges to follow, no timeline available as of yet.   We have…

We had an interview with our international business development advisor Andrius Nikitinas. As an Attache for commercial relationships with 3 countries, Andrius represents Lithuania at the highest levels of diplomatic activity including meetings with Heads of State and senior politicians.

Yesterday I was speaking in Geneva, Switzerland on what I believe personally is an important topic of self-regulating the ICO market. I want to share my beliefs with you as many of them are based on what we do at Debitum Network to ensure safe, transparent and successful project.

Being involved in evolution and revolution of the financial industry in the last 30 years, Michael provides valuable insights on what is going on in fintech sector, blockchain technology, innovations and value creation, and shares his insights on key aspects of Debitum Network project.

More tech savvy community members will soon notice that Debitum Network Round B smart contract (its address) will soon be restarted at 0. The less tech savvy most likely would not have noticed but we want to bring this to your attention to remain open and transparent. We will move funds already contributed to another address (a Debitum Network multi-signature wallet) for couple of reasons…

We interviewed Front-end Developer Andrius Bilinevičius to learn more about his involvement with Debitum Network project.

As much as we’d like to, we cannot predict the future of the crypto market or how it is going to affect the price of DEB tokens. But rest assured; we will do all we can to make our plans come true and bring the best possible solutions to make it grow.

With so many new partnerships already announced and we’re proud to announce yet another one – PayPie. PayPie is a blockchain-powered credit risk assessment company, making them perfectly aligned with our goals.

In our latest video, Monika Varkalyte interviews Lex Sokolin and hears his thoughts on our Debitum Network project, the future of blockchain technology, and his predictions about the cryptoeconomy in 2018.

Alongside to perfecting our product, we are also bringing together a network for our ecosystem. The network of members from various fields is essential for proper functioning of the ecosystem, and we excitedly present you the first risk assessor: Scorify. An innovative credit risk company that joined Debitum Network, so we could provide you with an even better product and be operational in short time.

During the pre-sale, the round A, we raised enough capital for first product version and started developing the Debitum Network platform. One of key persons in this stage is Debitum Network product owner Skaistė.

Debitum Network is proud to share the news of the current addition of an excellent professional Ian Scarffe to the Board of Advisors. As we continue to attract international attention, Ian brings extensive experience within the Investment and Blockchain markets to support the Debitum Network ICO process.

Debitum Network crowdsale continues successfully. During the first week, we have raised almost 7000 ETH and have reached the Bonus Step 5. Even having taken into account the drop in the ETH course, we already have raised almost 7’000’000 USD (private pre-sale + round A + current round B). This is excellent news for the whole community.

With almost 8 000 members (the number is growing rapidly!) to manage every day, Vytis is truly a rock star of the Debitum Network community. With his multicontinental studying experience and love for international working environments, Vytis feels at home in his role at Debitum.

Besides the fact that we are raising more and more capital for product and business development, we also take into account the secondary market for DEB tokens. We have concluded the first agreement with the cryptocurrency trade exchange  – Nebula for the DEB tokens listing.

Your security is extremely important to us. We want to make sure each and every investor remains protected during the crowdsale.

There aren’t just a few of you, there are thousands of you! We now have at least 2000 email subscribers, 5000 telegram members, 3000 Twitter followers and 11,000 Facebook followers. Not to mention, the thousands of small and medium enterprises (SMEs) from all over the world with a need for capital growth.

The crowdsale is nearly here – just two days left till the most awaited milestone of our journey. We deeply care about our community, and we worked hard on improving the participation opportunities in Round B.

I’ve not disappeared – I’m making sure that first production candidate version of Debitum Network gets to see daylight as soon as possible. It means I have moved from the upper deck all the way down to the engine room. What have we been up to down here?

It’s a widespread story we often hear and read about in the press how the small and medium-sized enterprises (SMEs) undergo financing problems.

Let’s make one thing clear from the very beginning – the finance world is changing, and it has been for quite a while now. Venture capitalists (VCs) are looking for new investment opportunities, and although many of them are still hesitant about cryptocurrencies, those with a better scent for future…

Product Manager of Glitch (which pivoted to Slack) reveals his principles for making successful products and shares what inspired him to become part of Debitum. Transcription Mārtiņš Liberts: Hello, everyone. My name is Mārtiņš. I’m co-founder of Debitum Network. Here with me today is Märt Lume. Märt Lume: Hello. Mārtiņš…

“There is no reason anyone would want a computer in their home”, Ken Olsen, founder of Digital Equipment Corporation, said back in 1977. Now we all know he could not have been more wrong. But time flies fast, and with the current speed of tech development, it doesn’t take 20…

In this interview, a client Kipras Bunikis CEO of LYNN group, reveals reliable facts about working together with Debifo as a business partners. On top of that, he is more excited to join a Debitum Network using blockchain technology. Our journey to Debitum Network ICO started in 2015. Debifo company…

As Debitum Network grows worldwide, with a very limited amount of DEB tokens in the market, value of acquired tokens may well increase around 10x times.

Debitum Network Crowdsale starts December 7, 2017 at 15:00 GMT (London time). Useful instruction how to participate in it.

Security before and during the Crowdsale is very important to us. We are taking every measure possible to ensure you as the investor remain protected. Please read these security tips before the start of the Crowdsale.

In this short video Donatas reveals the team’s success so far with regards to on-boarding new service provider partners ahead of the Debitum Network crowdsale on 30th November.

(TL;DR) – The team and I have always been open to constructive feedback, and will continue to use the voice of the community to help steer the development roadmap.  After returning from my recent trip to New York, the team and I have been intensively discussing how to act on the…

Debitum Network, a lending marketplace for SMEs  has announced a partnership deal with well respected credit bureau, Creditinfo, solidifying the first credit risk processing framework ahead of the upcoming ICO on November 30. (Vilnius) Debitum Network, an innovative new funding platform for micro, small, and medium businesses (SMEs) has taken…

Unprecedented Honor, Crowdsale Begins 30 November (Vilnius) Debitum Network, an innovative new funding platform for micro, small, and medium businesses (SMEs), is already a winner. On 31 October, the project beat 120 other applicants in the highly regarded ICO Pitch Competition at d10e Gibraltar, the leading international conference in decentralization….

In this short video Justas Šaltinis shares how the Debitum Network hardcap was calculated, how the team will distribute funds, and why the team decided against an ICO pre-sale. Transcription James Downton: Hello, Debitum followers, my name’s James Downton. I’m Marketing Advisor to Debitum Network and today I’m joined here…

In this short video Donatas Juodelis shares how investors have been reacting to the company’s strategy to raise the value of the DEB token with marketing adviser, James Downton.

I was going to #d10e in Kiev to present this morning and, as it happens, I was travelling business class of a Ukrainian Airlines plane. It was not the first time I had traveled business class — late flights, re-seating and my long corporate experience meant this was happening once in a…

As we at Debitum Network were looking through dozens of blockchain projects lately, we often had trouble getting the gist. We were wondering, why do people busy themselves with so much complex stuff with little-confirmed demand, while the pain we try to eliminate is very simple and obvious. Later we…