Populous is a blockchain invoice system that allows users to create and store their invoices on its blockchain. The invoices can then be invested in and paid by other Populous users even before a business’s customer pays it. This is done on Populous’s financial marketplace, which is built on the Ethereum Virtual Machine. Populous uses XBRL data, Z Score formula, smart contracts and stable pegged tokens in its trading environment to allow both borrowers (those who offer their invoices on the platform) and investors to get the most out of Populous.
Pokens (PPT) are tokens that are pegged one-to-one with international currencies and backed with the money deposited by investors. It is used to invest in invoices and can be exchanged to fiat currency by borrowers.