What is Populous Platform Token (PPT)?

[skurtsil]

Populous is a blockchain project that works as a peer-to-peer platform for invoice financing. This project is specifically directed towards helping small and medium-sized enterprises get a continuous flow of funds and not suffer because of fees and missed opportunities. When you have a system like Populous, you can sell your invoices and get cash in return, helping you run your business with lesser problems. It’s a peer-to-peer system where seller and buyers are brought together. With the use of XBRL data, Altman Z-score formula, and the final decision by the Populous administrator, buyers and sellers can interact with each other for better trading through smart contracts.

Read more here:
https://www.tokens24.com/cryptopedia/basics/populous-platform-token-ppt/

[mithuz]

Populous World provides solutions to help businesses constantly grow and develop. We present an opportunity to benefit from using advanced blockchain and big data processing technologies effectively.

A P2P (peer-to-peer) invoice discounting platform that is globalising what is currently a localised and limited market sector. It is a global invoice trading platform built on Blockchain's distributed ledger technology.

Populous actually has two tokens:

1. PPT token - PPT serves as an “access token” which means you cannot use the Populous platform unless you hold PPT tokens.
2. Pokens - It only exist and can be used within the Populous platform itself. Pokens are what are used in the transactions between buyers and sellers. These pokens can be exchanged for strong, reputable cryptocurrencies like BTC, or for fiat currency.

Basically, you buy PPT, convert your PPT for Pokens inside the Populous platform, and place bids on invoices with those pokens. If you win the bid, you pay the seller with pokens, and when the invoice is due, you receive the payment.

I have this article for you guys to learn how PPT really works: https://medium.com/faast/is-now-a-good-time-to-buy-populous-ppt-4cb31e7c856e