Review on Populous by francis fernandez
Populuos: financial system structured on an open blockchain
Populuos is a blockchain protocol that enables invoice financing on a peer-to-peer network, through the use of a decentralized and open source accounting system.
The origins of this platform date back to 2017.
How does this platform operate?
Populuos creates a digital financial system without restrictions or intermediaries, based on the exchange of invoices and the generation of liquidity. Within this digital market, buyers and sellers participate in the offer of the invoice and smart contracts where the terms and conditions are established and finally the funds are settled in exchange for the invoice.
As an instrument to carry out commercial operations between buyer and seller, the Poken cryptocurrency is used, which is later converted to PPT to be used in the billing purchase-sale process.
What are the advantages that this blockchain offers?
Populuos offers multiple advantages to retail companies and large businesses. Among them we can mention:
* Provides a tool for instant financing without regulations or external intermediaries.
* Allows you to increase the cash flow of organizations and businesses quickly and safely.
* It is a secure financing system based on open source technology.
* Allows you to exchange documents for cash at low cost and without complicated paperwork.
* The use of smart contracts allows security and transparency in transactions.
* Create a digital financial ecosystem on a secure, fast and reliable platform based on open source blockchain technology.
Pros
- It allows to obtain liquidity easily and without intermediaries or requirements.
- Financial operations are guaranteed by a smart contract based on open source
- It is a way to generate cash to use it in quick investments.
Cons
- The platform is not yet accepted in more than two countries: United Kingdom, China.
