Invoice Factoring Registration Based on a Public Blockchain

Invoice factoring is a very useful tool for developing businesses that face liquidity problems. The main property system needs to fulfill prevent an invoice from being factored twice. In order double factoring, many ecosystems use one or several centralized entities register agreements. However, this puts lot of power in the hands these and makes it difficult users dispute situations which data unavailable, wrongly recorded manipulated by negligence on purpose. article, we propose architecture registration based public blockchain. To solve aforementioned drawbacks, replace trusted third parties with smart contract. Using contract, record digital evidence terms conditions agreements explicit detail, allowing auditability resolution. Relevant information highly available blockchain while its privacy protected. optimal, since only transaction key-value storage per factoring.