Decentralized Business Network, or DeBuNe, is a new project based on the Nxt platform and targeting small businesses. The idea is to provide all the necessary tools for small companies and freelancers to “collaborate, market, offer, and monetise their expertise or products,” via an open source peer-to-peer infrastructure based on the Nxt blockchain.
Companies will be able to set up Business Units whose operations can be outsourced to other Units through the platform. But the project intends to become more than a marketplace. “Any person can buy shares of a Business Unit or a project within DeBuNe. Business Units can trade shares of their projects against support in finance, effort or material. DeBuNe thus becomes a vector for project fundraising and financing,” explained the company, describing a possible “stock market away from Wall Street.” DeBuNe will also take advantage of Smart Contracts, “a set of contractual clauses written in computer code, executed and enforced based on data such as transactions, value triggers, or product delivery.”
Launched in alpha stage, the project is in itself a Nxt asset and is already open to private investors through the Secure Assets Exchange, Nxt’s decentralized exchange. Although a dozen of existing small businesses are already part of the pre-launch, DeBuNe plans to open to beta testers by the end of June 2015, and will not be fully operational before the end of 2015.