Censor Black Targets Creation Of 8 Million MSME Jobs Globally

Censor Black is Hyderabad based financial service company. The company envisions to channelize the under-utilised assets and funds towards manufacturing industries. The company claims this idea can solve the biggest issues of developing countries like India by focusing on industrial growth and increasing efficiency of Micro Small and Medium Enterprises.

The immense social, economic, and cultural potential of Small and Medium Enterprises in emerging markets does not allow them full access to the full potential for society's inclusive growth. The company works against the highly centralised system of capitalism by leveraging block chain technology to allow under-utilised resources to circulate among large and small companies alike.

Censor Black aims to enable the manufacturing SMEs, around the globe, to scale and flourish momentously. As a result, social evils that surface in the face of social and economic disparity would be eradicated in a positive way. The company is trying to achieve the desired goal by providing services like Digital Asset management, Payments Automation, ERP Integrations and several other financing services.

Censor Black on 14 February, Monday, announced it will target the creation of 8 million jobs over the next 3 years in the Micro, Small and Medium Enterprises (MSMEs) sector across the world. 

Censor Black is a reliable and collaborative Decentralized finance platform that serves investors and SME supply chains. Its platform extends financial services by providing block chain-enabled solutions to create additional revenue sources for manufacturing SMEs by tokenizing their under-utilized assets.

Raghav Gupta, Founder of Censor Black said accessibility of finance is a big issue in MSMEs around the world and that Censor Black aims to solve this by promoting growth and generating employment while creating low-risk investment opportunities for everyone in the space. 

“We wish to support entrepreneurs and industries of the future. India offers a huge untapped market in this regard and we aspire to capitalize on this growing opportunity. Our team is full of creative and ambitious people who envision Censor Black becoming the biggest Decentralized finance lending platform in the coming years,” Gupta said. 

Raj Kapoor, Advisor at Censor Black said the sector is going through a major historical shift in terms of how businesses are being operated and the support systems which are now available,” said. “We are taking a giant leap towards providing that ever-present need of finance to any small or medium enterprise. Our mission is to decentralize finance and provide that much-needed boost to the MSME sector with minimum hassle and paperwork,” Kapoor said. 

Censor Black seeks to bridge the divide among large and small enterprises by leveraging block chain technology and enabling under-utilized resources to circulate. By fostering the industrial growth and efficiency of MSMEs, some of the biggest issues of developing nations like India can be solved, according to Gupta.