Populous (PPT) is a trade finance platform, that lets its users sell their invoices online quickly and then they can redeem their digital tokens for real-world currencies. This unique trading environment was launched in November 2016 and since then it has gained millions of users. In fact, the platform is used to provide ways to finance businesses who need cash ASAP.
Populous (PPT) is a trade finance platform, that lets its users sell their invoices online quickly and then they can redeem their digital tokens for real-world currencies. This unique trading environment was launched in November 2016 and since then it has gained millions of users. In fact, the platform is used to provide ways to finance businesses who need cash ASAP. Unlike any other invoice finance marketplaces, this platform has been built on top of the Ethereum blockchain and it also provides sellers and buyers with unique, fast and reliable ways to international online trade.
How Does This Finance Platform Work
PPT token holders from all around the world can buy invoices that many firms list on the platform and receive an interest from providing this service. In fact, poken holders can act as a bank and the businesses represent the clients, who want to have their invoices paid on time. Populous, not only does it use smart contracts, but it also utilizes XBRL data and tokens, in order to create a unique trading environment for both investors and sellers when they trade a big number of different invoices by using its blockchain technology. The platform is extremely reliable and secure and guarantees that all the assets that are stored by the users can be given the adequate rights to privacy and transparency. In addition, all of the stored data on the platform can be shared anonymously and seamlessly when it is needed.
This platform issues its own tokens (pokens), which can be exchanged for currency or they can be transferred to an external Ethereum wallet. When the invoices are filled, the pokens are returned to the investor in addition to the interest earned. This way the money the users have invested into the tokens will not only increase in value, but they can also be mined. This way the participants can trade their pokens in a stable environment and across all currencies around the world. Furthermore, PPT token holders have a very clear idea of how the tokens can be used; in fact, these pokens are absolutely essential for these online financial transactions.
Why Use Populous?
Populous is a very stable and interesting finance platform which gives the chance to people to upload invoices, get paid within 24 hours and don’t have to wait for their customers to pay them. Actually, this kind of industry (invoice selling industry) is very popular around the internet. Populous has managed to make easier, cheaper and faster transactions around the globe in decentralized and transparent markets.
Great Opportunities for Investors
By using Populous finance platform, the users can get the money owed to their business immediately. This is very important because they don’t have to wait for days, in order to get their money. Moreover, the platform not only opens up invoices for businesses but also creates opportunities for investors internationally, starting from as little as $100 in return and earning up to 4% and 5% profit every 30 to 60 days.