The story so far
Lots of projects talk the talk, push their hype and have a dream. That’s the easy bit. The questions really are, what has your favorite project done and what has it achieved? Below are just a few highlights so far attained by Hiveterminal. We are looking forward to lots more 😀
Hiveterminal opens for business. The blockchain-based invoice-financing platform goes live in its native Slovenia.
The first invoice is uploaded and successfully funded on the platform.
The business model is proved from start to finish, with the initial invoice purchaser being refunded by the debtor, thus completing the process.
We hit double figures with the 10th invoice uploaded and funded on the platform.
In order to improve transparency, the Hiveterminal Invoice Proof of Ownership DAPP is released. This provides a public record of the number invoices bought on Hiveterminal.
Over-the-Counter (OTC) Purchasing is enabled. Invoice funding becomes even easier for invoice buyers. No need to use secondary markets to purchase HVN, just go direct to the terminal for a one stop purchase.
Hiveterminal registers 1000 Slovenian SMEs on the platform.
The ERP plug-in for MS Dynamics 365 Finance & Operations is released. This provides a convenient way for invoice sellers to publish their invoices in a safe and secure way to the Hiveterminal platform.
Flash Sale Feature Launched. A fast sale option for invoice sellers when debtors are slow in responding.
Starting to build up a steady head of steam, 50 invoices sold and funded on the platform.
Triple digits is broken, with over a 100 invoices sold on Hiveterminal.
Invoices continue to arrive at a pace on the terminal, over 300,000 Euros worth of invoices financed.
Another milestone is reached with the 2,000th Slovenian company signed up to the terminal. This represents 1% of all the local companies within Slovenia!
Many happy returns, the terminal has been live and functioning for 1 year. Highly appropriate then that last week a record number of invoices were sold 👍
200 invoices bought! It took 271 days to get from the 1st invoice to the 100th. To get the next 100 took just 72 days!
1st January 2020
The first full calendar year of Hiveterminal being operational. Five hundred and thirty seven thousand euros worth of invoices sold on the platform within the year (€537,000).
17th February 2020
OTC Price change, token model improved. OTC tokens are no longer set at a fixed rate but are based on the daily market value.
6th April 2020
Swiss Venture Investment for International Market Expansion locked and loaded.
15th April 2020
300 invoices sold on the platform. A record-breaking month last month. And massive business developments just days ago!
13th July 2020
It is official, the team have made it out of Slovenia and the European expansion has started.
1st August 2020
The million euro barrier is broken. Over €1,000,000 worth invoices have now been sold on Hiveterminal.