DiFacturo SIGNED

Project "DiFacturo" data sheet

The following table provides information about the project.

 Partnership

Take a look of project's partnership.

Map

 Project objective

Difacturo is a fresh start-up company founded in August 2018 with the vision of creating a technological revolutionary network to a market, e-invoice, which requires nonstop developing solutions. Paper invoices imply an opaque process causing bottlenecks and leading to high expenses. Replacing the physical paper form with a digital one (e-invoice) offers faster retrieval of money, easier processing, lower costs and improved productivity. However, e-invoices are not the mainstream option in Europe yet since current centralized technologies constitutes a costly entry obstacle for most of the European SME. Besides, other issues derive such as a high risk of total failure as well as complicate auditDifacturo is a fresh start-up company founded in August 2018 with the vision of creating a technological revolutionary network to a market, e-invoice, which requires nonstop developing solutions. Paper invoices imply an opaque process causing bottlenecks and leading to high expenses. Replacing the physical paper form with a digital one (e-invoice) offers faster retrieval of money, easier processing, lower costs and improved productivity. However, e-invoices are not the mainstream option in Europe yet since current centralized technologies constitutes a costly entry obstacle for most of the European SME. Besides, other issues derive such as a high risk of total failure as well as complicate audit trail.

We offer the first blockchain-based invoice network, a truly independent, decentralized and global system to deliver and receive invoices in a secure, quick and audit-proof cryptographic format across all national borders and companies’ sizes. Our solution abolishes the need of a third-party validation, is accessible to tax authorities, achieves savings of up to 90% of paper format standards with a remarkable speed ≥1000 transaction per seconds and allows other companies to write their own applications. Thus, it will become the key tool to introduce e-invoicing transversally.