It is a currency-centric and advanced form of currency that offers online buying options and payment options, especially micro-transactions with traditional timber-and-mortar merchants. It can help in its widespread commercial adoption.
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Pros
It maintains the integrity of its blockchain as it does not have a hard wrinkle or roll-back of transactions from any cryptocurrency.
POB technology constantly limits inflation, and markets have a unique 'anti-pump' system that also maintains liquidity. Thus, there is a balance between network security and market prices. Thus, it is a stable currency compared to its counterparts.
It's 10-30 times faster than Bitcoin and can support a network with more than 1,300 transactions per second. In this way it is able to effectively compete with the likes of PayPal.