Populous

What is Populous?

Populous is a global peer-to-peer (P2P) invoice discounting platform built on blockchain technology. It revolutionizes the invoice financing sector by connecting business owners with invoice buyers worldwide, leveraging blockchain’s distributed ledger for transparency, security, and speed.

• Global P2P invoice trading
• Built on Ethereum blockchain
• Enables real-time, borderless transactions

How Does Populous Work?

Populous allows businesses to sell unpaid invoices at discounted rates to unlock cash faster. Invoice buyers then receive payments once the debtor settles the invoice.

• Uses XBRL data and Altman Z-score
• Smart contracts facilitate transactions
• Stable tokens pegged to fiat currencies

Built on Distributed Ledger Technology (DLT)

Populous leverages blockchain to eliminate third-party intermediaries, reducing costs and improving transaction speed.

• Transparent record-keeping on Ethereum
• Automation via smart contracts
• Reduces risk of fraud and duplication

Credit Risk Analysis

Populous uses advanced credit analysis by combining financial data with proprietary algorithms, ensuring safer investments.

• XBRL data from financial statements
• Altman Z-score for risk assessment
• In-house credit reference system

Poken: The Platform’s Cryptocurrency

Pokens are stable tokens pegged to fiat currencies, allowing smooth transactions between invoice buyers and sellers.

• ERC20 compliant
• Pegged 1:1 to national currencies
• Facilitates cross-border trading

Other Projects in the Business Services Category

• VIDT DAO: validates data using blockchain, timestamps, NFTs, and digital asset registration.
• Pyth Network: delivers real-time market data and price feeds to financial dApps globally.
• Band Protocol: connects real-world data to blockchain via its decentralized BandChain network.

Populous Price Analysis

As of December 25 2024 Populous has a marketcap of $2.4M. This is {{percentagefromath}} from its all time high of $75.19. In terms of its tokenomics, there's a total supply of 53M with 68% currently outstanding. Keep in mind Populous has a fully diluted value of $3.6M which many investors might interpret as overvalued.

Of course, don’t trust price predictions alone, always check the Coinrotator token screener to follow the trending market.

Summarized in part by ChatGPT 4 and Claude