What is Populous?

Populous (PPT) is a project working on developing a platform for invoice discounting on the blockchain. Using Populous, businesses would be able to sell their outstanding invoices at a discount to take in cash. Buyers and sellers can participate in the platform and settle the exchange of invoices through the use of smart contracts. Companies can register on the project but would have to be approved by the admin to participate. For the facilitation of transactions related to FIAT balances, an integral token called Poken pegged to fiat money is used in the platform and it's what investors use to purchase invoices.