Populous is a peer-to-peer payment platform that allows individuals to send and receive money through the blockchain. The company was founded in 2012 by two graduates of Imperial College London, who had been studying for their PhDs in computer science.

Populous (PPT) is a cryptocurrency and peer-to-peer payment platform that allows users to send money across the globe. The what is populous (ppt) is a question that pops up often, so I will answer it here.

Caldwell, Justin contributed to this article. 22nd of November, 2018

Look no further if you’re searching for a trustworthy and comprehensive reference that will offer you with impartial and factual information on Populous Coin. We’ll tell you all you need to know about the currency and how it fits within its industry. As usual, this isn’t financial advice, and you should do your homework before investing in any cryptocurrencies.

What is Populous Coin, and how does it work?

Populous (PPT), headquartered in London, is a blockchain-based platform that aims to disrupt the invoice finance industry. Every year, this sector conducts more than $3 trillion in transactions, the overwhelming majority of which are conducted by small and medium-sized companies. According to Populous, a blockchain-based credit rating system may establish a new financial climate for small companies. This peer-to-peer network allows users to leverage future profits in return for immediate funds.


To begin, let’s define invoice finance. A company may utilize invoice finance to get short-term cash. Because most customers pay for goods in advance, this is usually done via B2B. Longer payment periods, such as Net30 or Net60, are used in business sales.

This implies that, depending on the arrangement, companies may not receive income for a long time after the sale. Invoice finance comes into play in this situation. A vendor may give the firm a loan for a part of the unpaid invoice (this is money owed to the business).

A schedule determines when the seller gets payment at this stage. While the business repays the invoice finance provider, the customer continues to pay the company.

Populous wants to take a process that was previously mainly local and make it worldwide. It plans to accomplish it by placing invoice financing on the blockchain, which will allow it to expand globally. Users will notice a more enhanced and efficient invoice financing system as a consequence.

Who Are the People Who Are Populous?

Stephen Williams created PPT coin in 2017. Mr. Williams previously founded Olympus Research, a company that focuses on corporate analytics and data. The Populous ICO generated approximately $10 million in June 2017, selling over 36 million tokens at 0.0011 ETH apiece.

Populous’ Chief Technology Officer is Wisdom Oparaocha. Wisdom has over 10 years of expertise developing software in a number of languages. Jason Tuang, together with Stephen and Wisdom, is the financial director. Jason has an MBA from Cass Business School and has extensive financial sector experience.

When it comes to invoice financing on the blockchain, Populous aspires to be the worldwide standard. The company’s goal is to give an alternate means for investors, as well as a way for companies to obtain funds in the short term, while also providing excellent service.

Even though the Populous team is young, they aim to provide a method for small and medium-sized companies to have it simpler. At the same time, the business wants to provide customers the assurance that their investments are secure and sound.

PPT coin promises to offer companies with quick financing without the need of third-parties. Populous aims to use smart contracts to collect and release money between invoice vendors and purchasers autonomously. The most significant issue that Populous addresses is one of location. Users may carry out these transactions wherever they are using PPT. Everything is transparent and error-free since it is all stored on the blockchain.

What is the Process of Populous?

Populous (PPT) Coin Review

Populous has created a peer-to-peer system that connects vendors and buyers for the purpose of invoice financing. Those who wish to sell their invoices should sign up with Populous. Populous examines and approves or rejects registrations once they are completed.

Businesses may send invoices along with their minimum sale amount if their account is approved. Before going on to the next stage, the company must first get permission from Populous.

eXtensible Business Reporting Language (XBRL) is a language that allows you to create reports that are (XBRL)

Populous devised a method for assessing the risk of submitted bills. They combine real-time XBRL data with the Z-score of Altman (which we’ll discuss later). This information is open to the public and contains company data such as cash on hand, debt value, and creditors due.

Altman Z-score

The Altman Z-score is a metric that Populous employs to assess the risk level of bills. These three variables are used in the calculation to assess risk:

  • Default probability
  • Chances of going bankrupt
  • Controlling financial hardship

The Populous team created a credit rating system by combining XBRL data with the Altman Z-score. This system is built on the blockchain and does not need the participation of traditional credit agencies as a third party. As a result, time and money are saved by all parties concerned.

This information is used by Populous to evaluate whether or not businesses should have access to their invoice financing system. It assists in weeding out companies that pose additional risks to prospective purchasers or aren’t a suitable match for the platform. The administrator evaluates each choice objectively, using the Altman formula as a guide.

Auction of Invoices

If Populous approves an invoice application, it is put up for auction. Each invoice’s auction begins immediately and runs for 24 hours. One of the following scenarios may occur at the conclusion of an auction:

  • The seller may choose to terminate the auction early by accepting the highest offer or canceling it entirely.
  • During the 24-hour timeframe, no bids are submitted that satisfy the invoice’s sales objective.
  • Within the 24-hour timeframe, the auction ends successfully with a bid that meets the selling objective.

An auction is considered successful when a seller receives money in the form of Pokens for an invoice, which we’ll go over in more detail later. Pokens may be exchanged for other digital or fiat currencies by businesses.

Additionally, customers who placed unsuccessful bids will get a full refund. If an auction is canceled, this is also true. Buyers get their money refunded as soon as the vendor cancels the auction.


Before utilizing the Populous invoice finance ecosystem, sellers aren’t the only ones who need to get permission. Before putting bids on invoices, buyers must first get permission from an administrator. The Know-Your-Customer (KYC) validation, which must be submitted to Populous if a buyer is using fiat money, is used to obtain approval.

Buyers who want to bypass this step may do so with the help of cryptocurrency. On the Populous platform, purchasers that utilize cryptocurrency may avoid the KYC requirements. As a consequence, while buying invoices, purchasers have the option of remaining anonymous.

Real-World Solutions to Real-World Issues

Populous (PPT) Coin Review

Now that we’ve defined invoice financing, let’s look at the specific issues with the existing system and how Populous intends to improve it.

The question of compensation is the first topic that Populous addresses. In the present arrangement, the seller usually offers invoices to the buyer at 90% of their actual worth. In fact, on bigger bills, most businesses are likely to get this amount as a limit. Sellers gain from a wider pool of buyers bidding on their invoices when they use Populous. As a result, rather than accepting the first offer that comes up, sellers are more likely to get better bids and conditions.

The second issue is one of locality against globalization. Typically, global invoice finance is restricted to what sellers can find inside their own country’s borders. The overwhelming majority of invoice finance buyers and sellers are often from the same nation. There are a handful that are found worldwide, although they are in the minority.

Despite the fact that the project’s headquarters are in the United Kingdom, the business offers a worldwide market that may be utilized by buyers and sellers from all over the world. So, even if you reside in a nation where the economy isn’t as stable as others, you’ll be able to purchase invoices with lower inherent risk from countries with greater stability.

Last but not least, the present finance invoicing method necessitates accredited investor status for platform purchasers. Buyers won’t be subjected to the same limitations as investors with Populous. That implies that if someone wants to buy invoices, they’ll be able to do so as long as they pass the Populous risk test.

PPT vs. Poken

The Populous ecosystem consists of two tokens, and it’s simple to get them mixed up. Thankfully, we’re here to help you figure things out.


A Poken is the Populous platform’s internal coin. Every token on the network is directly linked to the same amount of fiat money. If the user is using Euros, for example, 1 Poken is equivalent to 1 Euro. These Pokens are ERC-20 tokens that may be used to pay for financial bills.

Users may buy Poken directly on the Populous platform using EUR, GBP, USD, or Yen. Any other currencies used to buy Poken will be converted to GBP using the London Stock Exchange’s current rate.

Additionally, users may buy Pokens using Bitcoin or Ethereum. Populous Pokens are ERC-20 tokens, which means they may be stored in any ERC-20-compatible digital wallet.


PPT tokens, also known as Populous Platform Tokens, were distributed during Populous’ ICO. The majority of these tokens are utilized as investment vehicles. Only 53 million of these tokens will be available for purchase. Users may, of course, invest their PPT in finance invoices if they don’t want to hold them.

When users use their PPT tokens to invest in a financing invoice, their tokens serve as collateral. Investors get Pokens in exchange for their PPT, which Populous uses to buy the invoice. When the invoice is paid, investors get Pokens for their earnings and PPT for their initial investment money.


In the cryptocurrency industry, Populous has no direct rivals at the moment. Populous’s greatest difficulty will be persuading customers to move from a conventional channel to a blockchain-based platform.

Of course, the inducement is basic and uncomplicated. Invoice sellers might consider switching to Populous since it is a less expensive alternative with an in-house credit system. Populous claims that their method is much better than what is already in existence.

Drivers of Future Valuation

The market for finance invoicing is a fascinating one. Localization and possible danger, however, are presently limiting factors. Populous can transform the existing system into a worldwide market with transparency by using a blockchain-based platform. Populous may do this by focusing on these and other areas.

Populous is currently the only firm trying to disrupt the finance invoicing industry since it is a specialized market. Keep in mind, though, that Bitcoin’s instability is to blame for most of today’s volatility. As a result, it’s only natural that other currencies would be affected as well.

Populous is concentrating on forming alliances with people who share its long-term objectives. The company’s recent interactions with Cashaa demonstrate this. Populous’ collaboration with this blockchain wallet demonstrates its commitment to provide its customers with a worldwide payment option.

Should You Put Your Money Into PPT Coin?

Populous (PPT) Coin Review

The question is, “Should I Invest in PPT Coin?” at the end of the day. That’s an excellent topic, and one we’d want to address as fully as possible. Please keep in mind, however, that this is not financial advice and that no one should consider it as such. Having saying that, there are a few compelling reasons to give Populous a go.

The first to market

Although the invoice finance sector is already well-established, Populous is leading the way as the first business to use blockchain to join it. Being the first to join the market will help the project. This gives PPT coin a significant edge over competitors that may try to enter the invoice finance market in the future.

Size of the Market

While many cryptocurrencies are establishing completely new markets and businesses, Populous is just updating and enhancing an existing one. It may be lucrative to develop the market, but there are dangers involved in doing so.

The project, on the other hand, is entering a $3 trillion market. Because this is a well-established and lucrative sector, there are possibilities for the appropriate firm. Populous has the potential to be extremely successful if they can even make a tiny impact in this industry.

Advantages and disadvantages

While PPT coin offers numerous benefits, it also has certain drawbacks. Here are some of the project’s advantages and disadvantages.


  • The popular blockchain technology is used to operate smart contracts. As a result, both the buyer and the invoice seller adhere to a set of precise guidelines that aid in the prevention and management of fraud. This implies that before being recorded onto the public ledger, every transaction on the blockchain is confirmed inside the network, avoiding duplicate invoicing.
  • The current system of invoice financing is centralized and political. Populous is looking to get rid of those two regions. The firm wants to make investing in invoices as straightforward as possible. Whether you reside in Europe or Africa, Populous now has a network that makes finding invoice financing options simple.
  • PPT coin, which is comparable to conventional currencies, is simple to use and comprehend for people interested in digital currencies. Calculations are simple when utilizing a 1:1 Poken to fiat money ratio. So, if you wish to buy a $1,000 invoice, you’ll receive $1,000 Pokens. See? It’s nice and simple.
  • PPT allows its users to do transactions in an anonymous manner. Whether you’re buying or selling PPT coin or investing in additional cryptocurrency, you may do so anonymously on the site.
  • Populous has a large and growing support base. Many bitcoin investors anticipate being able to transfer money over the network. However, the initiative has provided a novel and interesting perspective on how transactions are carried out, and the project’s community is enthusiastic. As a consequence, the PPT coin’s community continues to expand and be passionate about it.


  • The way invoice financing is handled in the blockchain realm may be jeopardized by upcoming laws. Many governments and nations are adamant about regulating and limiting the development of popular cryptocurrencies. Because many digital currencies are seen as a danger to centralized governments and currencies, these laws and restrictions are likely to be harsh.
  • Populous operates on a network, on exchanges, or in a wallet since it is a cryptocurrency network. This implies that the danger of hackers is constantly lurking in the background. Unfortunately, as many wallets and exchanges have discovered, the reality of hacking is all too real. Users must be aware of the dangers and do all possible to avoid hacking.
  • Populous is a peer-to-peer network that allows users to remain anonymous. This implies you may not know who you’re working with on a transaction-by-transaction basis. As a result, fraudsters are always a possibility. You may unwittingly get engaged with a shady individual or group of individuals who buy your invoice and join the PPT network.
  • The entrance hurdles to this specific specialty are not very high. Invoice finance is a highly attractive sector to investors because of the large number of transactions that are conducted on a yearly basis. As a consequence, new and emerging businesses may attract investors while Populous fades into obscurity.
  • Because it is a peer-to-peer network, the project faces the same dangers that other cryptocurrencies do: the chance of losing money. Without a centralized regulatory body to verify the facts of each transaction, even a little error may result in significant losses. As many people are aware, errors and losses of this kind are irreversible.

Populous (PPT) Coin Review

Image courtesy of Coinmarketcap.com.


Populous is a strong project in general, working in a $3 billion revenue industry. The platform aspires to improve upon several aspects of the current invoice finance system that are missing. Of course, the success of PPT Coin will be determined in part by how effectively it can promote user adoption.

Several indicators point to this currency’s success. Its initial coin offering (ICO) sold out fast, and agreements with partners like Cashaa demonstrate that the business is serious. This, along with Populous’ intentions to enhance the invoice financing mechanism, should cause any serious investor to take note.

Keep in mind that Populous is still a very young initiative tackling what many see as a dull financial sector. However, just because something is dull doesn’t imply it isn’t profitable. PPT is in a sector where there is a lot of money to be made, and it is presently the only business in the blockchain world to do so.

The Populous team may lack the expertise in the crypto realm that many other projects have, but they have a solid business strategy and are looking for strategic partnerships to grow their platform. Populous is a platform that we’ll be keeping an eye on in the future, even if it doesn’t have the same glitz and shine as other cryptocurrencies.


DISCLAIMER: The activity of the cryptoassets discussed in this paper is uncontrolled. This post is not intended to provide financial advice. Always do independent research.

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Author Biography

Populous (PPT) Coin Review

Justin Caldwell

Justin has an MBA from Baker University and is interested in learning more about the real-world uses of blockchain and cryptocurrencies. He is a bitcoin investor with a long history of writing experience. Justin has his own Medium site, https://medium.com/crypto-pilgrim, where you may follow him.

The populous world is a cryptocurrency that was released in 2013. It is used by the Populous platform and has been growing ever since.

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