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Populous (PPT) is a global P2P invoice discounting platform that aims to revolutionize the invoice trading market. Utilizing Blockchain’s distributed ledger technology, Populous connects business owners with invoice buyers globally, eliminating the need for intermediaries or financial institutions.
Invoice discounting is a form of funding that allows business owners to unlock the cash in outstanding sales invoices. With Populous, invoice sellers can offer invoices with terms, and invoice buyers can choose which invoices to purchase. Once the invoice debtor pays the invoices, the invoice buyer receives the agreed amount, providing an opportunity for passive income.
Populous differentiates itself by leveraging the security, transparency, and speed of Blockchain through technologies like smart contracts, XBRL data, Altman Z-score formula, and stable fiat-pegged tokens. By doing so, Populous aims to create a high-speed, low-cost, and globally accessible platform for invoice discounting, offering unprecedented safety and efficiency to users.
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