$0.59
Price (USD)
$31.51 M
Market Cap (USD)
$1.23 M
Volume (24h)
53.25 M
CIRCULATING SUPPLY (PPT)

Performance Summary

Percentile Ranking (0-100)

49
Root Rank
47
social
84
usage
53
price performance
14
development

MACD

Description

Populous is a global P2P (peer-to-peer) invoice discounting platform built on blockchain technology. We combine the trust, transparency, security, and speed of blockchain with our proprietary smart contracts to directly pair invoice sellers and lenders to transact directly and without third parties. Our proprietary smart contracts reduce risk by utilizing XBRL data, Altman Z-scores, and other data to ensure the strong financial credit worthiness of businesses that want to sell invoices. The XBRL data set we can perform enhanced credit risk analysis on targeted potential borrowers, linked companies and their customers. Using Blockchain technology we can leverage smart contract to create a cost effective and efficient solution by providing a streamlined funding solution to businesses. Blockchain technology also affords some security against fraud and can prevent duplication in the selling of invoices.

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