Populous (PPT)
Description
Populous is an invoice and trade finance platform built on the Ethereum network. Populous uses XBRL, Z Score formula, Smart Contracts, Stable tokens and other technologies in the cryptoshpere to create a unique trading environment for investors and invoice sellers.
The idea behind Populous (PPT) is to allow enterprise owners the opportunity for liquidity on invoices for durations up to 90 days using a peer-to-peer invoice financing platform. According to technical documents, the platform connects invoice sellers directly to buyers granting expedited access to funds for the sellers offering their invoices at a discount to buyers. Appropriate discounts may be applied based on mathematical ratios that assess risk factors such as profitability, leverage, solvency and activity as variables that could predict the likelihood of bankruptcy. In this arrangement, invoice buyers intending to take advantage of these discounts by transacting using the native Ethereum-based PPT tokens on the platform would receive the amount previously agreed upon once invoices are paid by the debtor.
Populous (PPT) is a cryptocurrency token issued on the Ethereum platform. Populous (PPT) price for today is $0.386953 with a 24-hour trading volume of $1,623,051. Price is down -0.4% in the last 24 hours. It has a circulating supply of 36.2 Million coins and a max supply of 53.3 Million coins. The most active exchange that is trading Populous is Binance. Explore the address and transactions of Populous on block explorers such as etherscan.io, ethplorer.io, and enjinx.io. Additional information about Populous coin can be found at https://populous.world.
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