Review on Populous by Syed Adnan
Solutions for helping businesses.
Participating users also need a financial institution or a third party that looks to sell the invoice to a buyer to connect to the business. However, it allows the business to connect directly with all shipment buyers worldwide, which reduces mediation and saves a lot of time. It also takes advantage of blockchain benefits like transparency, speed and security.
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Pros
- The platform holds a function of providing P2P trade financing worldwide. Invoice sellers and buyers can complete any transaction without the need of a third party.
- It provides security for every invoice transparently written in the Ethereum blockchain, with little risk of being mistaken.
- It uses blockchain to provide medium and small-sized enterprises a better way to participate in invoice financing.
Cons
- One of the biggest challenges facing the platform is for clients to switch from platform-driven invoicing financing channels to their platforms.
