Censor Black aims to create 8 million jobs in the MSME sector


Mumbai, 14th February 2022 – Censor Black, a blockchain-based financial services provider headquartered in Telangana, today announced that it will target the creation of 8 million jobs over the next 3 years in the micro, small and medium enterprise (MSME) sector across the world. Censor Black is a reliable and collaborative DeFi platform that serves investors and SME supply chains. Its platform extends financial services by providing blockchain-enabled solutions to create additional revenue streams for manufacturing SMEs by tokenizing their underutilized assets. Raghav Gupta, Founder of Censor Black, said accessibility of finance is a major issue for MSMEs around the world and Censor Black aims to address this issue by driving growth and creating jobs while creating business opportunities. low-risk investment for everyone in space. “We want 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 DeFi lending platform in the years to come,” Gupta said. Raj Kapoor, advisor at Censor Black, said the sector is going through a major historic shift in terms of how businesses operate and the support systems now available,” said. “We are taking a giant step to meet this ubiquitous financing need of any small or medium-sized business. Our mission is to decentralize finance and give that much-needed boost to the MSME sector with minimal hassle and paperwork,” Kapoor said. Censor Black seeks to bridge the gap between large and small businesses by leveraging blockchain technology and allowing underutilized resources to flow. By fostering industrial growth and the efficiency of MSMEs, some of the biggest problems of developing countries like India can be solved, according to Gupta.


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