Automation of factoring processes based on blockchain technology

Financing is a key resource for the implementation of a business project. Without attracting investments, it is impossible both to bring the product to the market at an early stage, and at later stages to increase profits and increase market share. The relevance of the study lies in the possibility of using modern blockchain technology to automate factoring processes. In this paper, the existing solutions for the implementation of factoring platforms are analyzed, and the requirements for the functionality of the developed module are formulated.