DEB tokens are used in the Debitum Network platform to facilitate transactions. Each time a contract has been created, the payment for that contract will be paid in DEB tokens. E.g.: a risk assessor will be paid in DEB tokens for their services; an insurance provider will be paid in DEB tokens for their service, a platform fee will be paid in DEB tokens.
To create a contract, you will need to have DEB tokens in your wallet which is linked to your Debitum Network. Users can buy DEB tokens on any exchange that is listing them.
Funds and fiat investment amounts are handled by the Fiat Facilitator and do not enter the Debitum Network platform. Both Borrower and Investor provide account details to the Fiat Facilitator which are to be used for investment transfer. Once a Smart Contract is initiated Fiat Facilitator automatically reads the data stored on the Blockchain and initiates the fund transfer between accounts.
For the platform users, this is a seamless experience, and each investment happens with a click of a button.