One of the major challenges involved in blockchain or crypto-based projects is fundraising.
IEO, meaning Initial Exchange Offering is a platform for entry-level companies to raise capital.
It implies pursuing of token sale on a crypto exchange.
In simple terms, it is similar to an ICO where one or the other exchange is responsible for guaranteeing and intermediating.
It is a guaranteed way to raise the necessary capital for the project while not initiating extended marketing programs.
It is a strong way to attract new traders and create rush around their platform.
It is perceived as a total solution for Payable management, Receivable management, Payroll Management and Regulatory Compliance management.
It helps greatly in reconciliation and balancing tasks.
Automation can be achieved through;
Certifying and matching business processes based on pre-defined rules
Role based controlled access and permission matrix
Automated validation of vouchers based on pre-defined validation points,