Populous is a platform that enables the issuance of peer-to-peer invoices. Companies which need credit issue a contract linked to an investment that is bought by other investors. These contracts are automatically settled with previously custom defined terms.
The platform combines a real-time financial database of data points about the companies with traditional Altman Z-scores and other proprietary formulas to create a reliable credit rating system and risk analysis tools.The invoices areShow more [+] sued in stablecoins (fixed in fiat currencies) called Pokens. PPT tokens can be used to purchase invoices that, when paid, return Pokens to the buyer.
PPTs are ERC-20 tokens and their contracts are recorded onto the Ethereum blockchain.