Groundbreaking web3 finance opportunity
Bulla Finance uses the Bulla Network protocol to tokenize invoices and claims as input to lending pools.
Our initial pool will provide liquidity for the transportation industry. Going forward, Bulla will leverage this functionality for many other sectors, including manufacturing, healthcare, construction, staffing and a range of service industries.
Bulla Network, an on-chain credit protocol, has added this feature to its core offerings to help web3 businesses organize their finances and scale operations.
At Bulla, we believe in an efficient and transparent financial system, and our tools are built to help eliminate exclusivity in liquidity provision and enable a self-sovereign banking and lending ecosystem.
Please join our waitlist to get updates and early access.
USE CASE: TCS Blockchain
TCS Blockchain is the world’s first and only blockchain alternative to freight invoice factoring – dedicated to lowering the cost of settlement up to 90 percent for transportation companies. TCS will use the Bulla Network protocol plus a Bulla Finance Lending Pool to enhance liquidity for more than 400 trucking companies.
HOW IT WORKS
Bulla’s protocol enables TCS to tokenize invoices related to any bill of lading (BOL). TCS can then offer these tokens for AR finance to the Bulla Finance pool. The pool funds these tokenized invoices at a discount and waits for invoices to be paid. Insurance companies and other institutions holding USDC can earn a fee and deposit or redeem from the lending pool.
VALUE PROPOSITION
This is the first known uncollateralized provision of short-term liquidity for businesses and solopreneurs that is completely on-chain. This integration leverages all of the advantages of the blockchain: It streamlines the loan process, improves auditability, increases transparency and lowers costs.
