# CASE STUDY 1. WHAT IS POPULOUS ? Why "Populous" will be a game changer in 2018-2019 ?

in crypto-currency •  7 years ago 

)

 HELLO Steemians


Before coming too the potential crypto token let's have a look on the basics, like what is populous ? what does populous do ? How populous works ? what does populous provide ?

What is "populous" ?

Populous is blockchain technology which provides P2P (peer to peer) invoice discounting. Its proprietary smart contracts to pair invoice sellers and lenders directly and with-out third-parties.

You might be wondering what is invoice financing and how does it work?

Answer : Invoice financing is asset based lending that allows companies/banks to finance.

There are two ways of it

1. Invoice factoring: This financing provides immediate funding, technically selling a asset for fund rather than getting a loan. For example John's company sell's its invoice in 2 installments. The first installment covers 80% for value of his invoice and deposited to his bank account within one business da. His company gets remaining of 20% when the customer pays the invoice in full.

2. Asset based Loan : Taking a loan from bank/financial institutions.

What Does Populous Do?

a. Populous is all about invoice finance. It has built an agile, robust service which will disrupt and transform the current invoice financing systems.

b. Populous is introducing the invoice buyers directly to the invoice sellers in a P2P (peer to peer) platform.

This will transform the current industry into a more efficient and profitable ecosystem which is globally accessible by both invoice buyer and seller.


)


What Does Populous Provide ?

 High Speed and low cost: Immediate funding and autonomous fund collection and release.

Global P2P Trading : No geographical limitations.

Safety : Ethereum  blockchain has the record of every invoice which is uploaded to it, results in eleminating misuse and potential error.

Market Position dated : 14/01/18

Right now populous is placed 30th in market capitalization.

Total value : $1,857,935,186

Circulating Supply : 370,004,027

Total supply :53,252,246 PPT


Future Prediction

Limited maximum coin supply makes it value-able. Current financial institution's platforms are limited by industry regulations. Populous will be a first mover as well as one of the outperforming tokens for 2018-2019. It may be the idea of the new globally dominating app.

It seems populous has not only a smooth future, It is for a successful future. It will dominate private banking sectors and new business.

Bankers will be really pissed-off that they have to move over to populous platform for retail factoring.

Conclusion

 Blockchain technology has opened the door for everyone to participate in an alternate finance market. Currently the largest barrier to entry for both invoice seller and buyer is geographical limitation.


DISCLAIMER : above information is not a financial advice, do your own research before investing in crypto-currency market.


 

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
Sort Order:  

Congratulations @rajjmhs! You have received a personal award!

1 Year on Steemit
Click on the badge to view your Board of Honor.

Do not miss the last post from @steemitboard!


Participate in the SteemitBoard World Cup Contest!
Collect World Cup badges and win free SBD
Support the Gold Sponsors of the contest: @good-karma and @lukestokes


Do you like SteemitBoard's project? Then Vote for its witness and get one more award!

Congratulations @rajjmhs! You received a personal award!

Happy Birthday! - You are on the Steem blockchain for 2 years!

You can view your badges on your Steem Board and compare to others on the Steem Ranking

Do not miss the last post from @steemitboard:

The Steem community has lost an epic member! Farewell @woflhart!
SteemitBoard - Witness Update
Do not miss the coming Rocky Mountain Steem Meetup and get a new community badge!
Vote for @Steemitboard as a witness to get one more award and increased upvotes!