Populous: Invoice Financing on the Blockchain
Today the cryptocurrency Populous (symbol: PPT) announced it has entered a $1.3 Billion dollar (USD) partnership with Luxure Global Citizen, a global rewards platform that connects some of the world’s most established and prestigious luxury brands (such as Rolls Royce and Cartier) with clients from around the globe. Populous (PPT) for those that are not aware, is the first operational blockchain invoice finance platform, and as stated by the Populous Founder/CEO Steve Williams "this deal represents a significant breakthrough for Populous and holders of PPT. Investors will now have access to a regular supply of blue-chip invoices for them to invest in and earn yield on."
Source: Populous announces £1 billion partnership
This news is great for those who have watched the Populous (PPT) project develop over the last few months, and gives massive initial potential to the Populous platform as a whole, which is expected to launch its public beta some time in Nov of this year (2017).
So, what are your thoughts on the populous platform? Do you think this partnership will help allow Populous to flourish in the coming months? Share your thoughts in the comments below!
What Is Populous (PPT)?
Populous is an invoice and trade finance platform built using the latest in blockchain technology. Populous uses XBRL, Z Score formula, Smart Contracts, Stable tokens and more to create a unique trading environment for investors and invoice sellers from all around the world.
Name: Populous
Symbol: PPT
Total Token Supply: 53,252,246
Market Cap: https://coinmarketcap.com/assets/populous/
Website: http://populous.co/
Whitepaper: http://populous.co/populous_whitepaper.pdf
For more information about Populous (PPT), check out the 90 minute interview below where Clif High talks with the Populous founder and CEO Stephen Williams in great detail about what Populous has to offer.
Disclaimer:
I am NOT a financial advisor and this is NOT financial advice. All investments have risks so make sure to be smart about where you put your money if you do choose to invest in something, and do not invest more then you are willing to lose. Do your own research and come up with your own opinions on any companies you are thinking of investing before doing so.
Sidenote: Also to be 100% open with everyone, I also want to disclose that I personally hold a small amount of PPT (300 tokens) which I purchased in late July and early August, as I personally have a lot of faith in the project, the team behind it, and the underline problem the Populous platform aims to solve).