The project notably provides new financial liquidity to small businesses by leveraging blockchain technology and giving them a range of cryptocurrency-based financing options. “The Hive Project tackles barriers to liquidity faced by SMEs by providing an alternative source of liquidity to that offered by traditional financial institutions. While European Commission reports that SMEs represent over 99 percent of businesses in the EU, SMEs in Europe and worldwide struggle to successfully tap into the $3 trillion invoice finance industry to fund operations and growth. Hive provides new liquidity to SMEs, enabling platform participants to purchase micro invoices from trusted companies, turning invoices into tradeable assets.”

http://bitcoinagile.com/120BBDA/hive-project-raises-895-million-through-token-sale-to-build-blockchain-based-invoice-finance-platform_stream