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 😀
19th November
Hiveterminal opens for business. The blockchain-based invoice-financing platform goes live in its native Slovenia.
3rd January
The first invoice is uploaded and successfully funded on the platform.
30th January
The business model is proved from start to finish, with the initial invoice purchaser being refunded by the debtor, thus completing the process.
26th February
We hit double figures with the 10th invoice uploaded and funded on the platform.
1st March
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.
3rd April
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.
19th May
Hiveterminal registers 1000 Slovenian SMEs on the platform.
7th June
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.
1st July
Flash Sale Feature Launched. A fast sale option for invoice sellers when debtors are slow in responding.
15th July
Starting to build up a steady head of steam, 50 invoices sold and funded on the platform.
1st October
Triple digits is broken, with over a 100 invoices sold on Hiveterminal.
7th October
Invoices continue to arrive at a pace on the terminal, over 300,000 Euros worth of invoices financed.
6th November
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!
19th November
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 👍
12th December
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).
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