Populous XBRL Token (PXT)

Populous XBRL Token (PXT) is a peer-to-peer (P2P) invoice discounting platform that aims to globalize and revolutionize the currently localized and limited market sector. Utilizing Blockchain’s distributed ledger technology, Populous provides a global invoice trading platform. Invoice discounting is a funding method that allows business owners to unlock the cash tied up in outstanding sales invoices by selling them to invoice buyers at a discounted rate. Populous connects business owners with invoice buyers globally, eliminating the need for third parties or financial institutions.

Populous leverages various technologies to ensure secure, transparent, and efficient transactions, including XBRL data, Altman Z-score formula, smart contracts, and stable fiat-pegged tokens. By recording all invoices on the Ethereum Blockchain, Populous eliminates the potential for errors and misuse. The platform offers high speed and low costs, with smart contracts autonomously facilitating funding and payment collection. Populous enables invoice sellers and buyers to transact globally, regardless of geographic location, fostering unprecedented safety and accessibility in the invoice discounting industry.

Populous XBRL Token provides a real-time database powered by XBRL data, allowing comprehensive financial statement analysis. By extracting over 1500 data points per company, Populous assesses the credit risk of businesses, trading partners, and entire industries. Additionally, Populous utilizes smart contracts incorporating Altman Z-scores and other formulas to create a proprietary credit rating system, providing advanced risk evaluation. Joining the Populous platform helps businesses expand by expediting cash flow and allows investors to earn passive income from purchasing invoices.