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Populous

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Description

What does Populous do?

Populous is a project designed to provide a decentralized trading platform for its users while streamlining the process of trading invoices. Populous utilizes XBRL data, Z-score formula, smart contracts, and stable pegged tokens to create a high-level decentralized trading platform helpful for linking businesses and invoice buyers.

The invoice feature offered by Populous works by matching buyers with sellers who transact using smart contracts.

What is PPT used for?

PPT are ERC20 tokens that used to facilitate transactions on the Populous platform. PPT tokens can be viewed as collateral. When users want to invest in an invoice, an agreed-upon sum of PPT tokens are locked and transferred to the other party in need of the currency. Once the invoice is completed, the original user gets their PPT back along with profit in the form of interest.

The Populous platform integrated with XBRL allows lenders to determine who they want to lend to, and smart contracts allow for risk-free trading and loan arbitration.

How can PPT value appreciate?

PPT tokens are used alongside “Pokens” which are pegged to the value of other fiat or cryptocurrencies. Populous tokens can appreciate as the demand for decentralized invoices grows and competitive rates emerge on the peer-to-peer lending platform.

As economies develop and demand for capital flow in countries lacking financial infrastructure increases, decentralized solutions such as Populous could greatly increase in popularity.

What is the difference between Populous and its competitors?

Populous competes with BitShares and other corporate blockchain projects but specializes in invoices. The Populous whitepaper states that peer-to-peer blockchain invoices using smart contracts can provide better capital flow to businesses, small and large, around the world.

Some of Populous’ features may make it both easier and cheaper for businesses to use than other cryptocurrencies.

  • Mainnet Launch: June 2017
  • Open Source: Yes
  • Consensus Type: PoW
  • Technology: Ethereum
  • Total Coin Supply: 53,252,246
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Description

What does Populous do?

Populous is a project designed to provide a decentralized trading platform for its users while streamlining the process of trading invoices. Populous utilizes XBRL data, Z-score formula, smart contracts, and stable pegged tokens to create a high-level decentralized trading platform helpful for linking businesses and invoice buyers.

The invoice feature offered by Populous works by matching buyers with sellers who transact using smart contracts.

What is PPT used for?

PPT are ERC20 tokens that used to facilitate transactions on the Populous platform. PPT tokens can be viewed as collateral. When users want to invest in an invoice, an agreed-upon sum of PPT tokens are locked and transferred to the other party in need of the currency. Once the invoice is completed, the original user gets their PPT back along with profit in the form of interest.

The Populous platform integrated with XBRL allows lenders to determine who they want to lend to, and smart contracts allow for risk-free trading and loan arbitration.

How can PPT value appreciate?

PPT tokens are used alongside “Pokens” which are pegged to the value of other fiat or cryptocurrencies. Populous tokens can appreciate as the demand for decentralized invoices grows and competitive rates emerge on the peer-to-peer lending platform.

As economies develop and demand for capital flow in countries lacking financial infrastructure increases, decentralized solutions such as Populous could greatly increase in popularity.

What is the difference between Populous and its competitors?

Populous competes with BitShares and other corporate blockchain projects but specializes in invoices. The Populous whitepaper states that peer-to-peer blockchain invoices using smart contracts can provide better capital flow to businesses, small and large, around the world.

Some of Populous’ features may make it both easier and cheaper for businesses to use than other cryptocurrencies.

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