Blockchain in Invoicing: Hype or Reality?

Smart contracts could revolutionize net terms and factoring. Exploring the practical use cases of Web3 in billing.

By Ava Mitchell · Blockchain Dev

· 1 min read

Invoicing
Illustration for the article “Blockchain in Invoicing: Hype or Reality?”

Trust is the main friction in B2B terms. A smart contract can hold funds in escrow and release them instantly upon delivery verification (IoT), eliminating the need for factoring or collections.

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