About PayBlok

InstaSupply was founded in late 2014 by Lee Pruitt and Tim Huegdon with the vision to simplify all buyer and supplier business interactions online; born out of their prior experiences. InstaSupply have spent time building and refining a robust workflow that captures, digitizes, and automates all the back-and-forth interactions that proceed payment. Whilst disruption of the problems in business related to ordering, delivering, invoicing, and accounting have been a key focus, managing payments has always been the company end game since inception. Funded through rounds of investor financing since formation, the company has built a team of deeply experienced professionals who develop the platform, onboard and sustain thousands of businesses, and have processed over $60 million in transactional value.

PayBlok Roadmap

 

  • June 2018

  • Begin pre-sale of PayBlok tokens to key individuals and early registrants.

  • July 2018

  • Open main sale of PayBlok tokens.

  • Q2 2018

  • Begin application for regulation and compliance in order to be a fully regulated global business bank and lender.
    Begin applications for inclusion of PayBlok on third-party token exchanges.
    Upgrade InstaSupply architecture to support full payments.

  • H2 2018

  • Build out of InstaSupply team to develop, support, market, and sell the extended product.
    On-going development of new features.

  • Q1 2019

  • Deliver integrated payment gateway for receipt and delivery of fiat currency between buyers and suppliers.
    Deliver PayBlok wallets in the InstaSupply platform.
    Provide full in-platform payment runs.

  • Q2 2019

  • Provide transfer-in of PayBlok tokens to InstaSupply wallets.
    Start providing PayBlok rewards to buyers and suppliers.

  • Q3 2019

  • Provide purchase of PayBlok within the InstaSupply platform.
    Provide Supply Chain Financing and Asset-based Lending

  • Q4 2019

  • Provide transfer-out of PayBlok from InstaSupply wallets.
    Provide cash-out of PayBlok tokens within InstaSupply.

  • 2020 and beyond

  • Further development of the PayBlok token as a reward within InstaSupply.
    Delivery of more regulated financial services for businesses.
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