All Cryptos > Populous (PPT)
Populous is a P2P (peer-to-peer) invoice finance platform built on Blockchain's distributed ledger technology. Populous uniquely connects business owners with invoice buyers on a global scale by leveraging the security, transparency, and speed of Blockchain via XBRL data, Altman Z-score formula, smart contracts and stable fiat-pegged tokens, without the need of intermediaries.
Populous is tackling the invoice factoring sector, a multi trillion $ / year industry.
The CEO has also been working within the invoice industry for years and has put together his own XBRL software that will evaluate the companies seeking these loans
Companies can list their invoices and investors can fill them with their tokens and earn interest on the invoices.
The company released their alpha product and are currently working through all the bugs, no major ones were found and in fact they have decided to push forward their beta.
The Populous team managed to strike a deal with one of the largest global rewards platform cards with over 750,000 clients worldwide.
Lack of public awareness and PR.
If the price drops then the PPT held as collateral by Populous will be “underwater” or worth less than when the investment was first made!
Populous PPT is only available on Etherdelta, which is slow, difficult for begginners and generally has low liquidity.
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