This is yet another crypto-based project that seeks to exploit some of the monumental lapses of conventional financial systems’ modus-operandi. This initiative is a peer-to-peer based Invoice accounting crypto-network, which proposes to knock out the need for the bureaucratic financial institutions along with their expensive and bottle-neck procedures. In other words, populous is a decentralized automated marketplace for invoice sellers and buyers without the need of an intermediary.
For the first time, since the history of invoice accounting, this system is one that bridges the geographical difference gap, transcends the somewhat limiting regulations of conventional financial institutions, and also gives the invoice seller the choice for a fair bid, since the market size of willing buyers, is one that is on a global scale. With this platform, there are no third party fees, and no physical presences of both parties are needed.
With little room for skyrocketing rise in populous token’s (PPT) price, since it is pegged to the British pounds, makes it very stable as a means for value storage, since it is not subject to the volatile nature of the crypto-market, but to its pegged fiat alternative.
Also, as more users continue to come on board this network, there will be an equivalent rise in demand for this coin. To crown it all up, populous investment is best advised for guys looking to invest in something similar to fiat currency, with regards to stability, and as a store of value.
Although PPT isn’t your regular “rock-star” cryptocurrency since it has a pegged value to the British pounds and it is still in its infancy stage; it is yet among the first 50 coin on Coinmarketcap, and the chance of this network becoming even more popular is very high. More importantly, PPTs will have to be converted to Pokens, which is the unit for all transactions on the network.
Listed on over 20 exchanges, it is easily purchased with BTC, ETH, and USDT. Also, the purchase procedures are similar to every other cryptocurrency using either web, mobile, or hardware wallets. For one looking to buy the Populous token (PPT), since its peg-down feature makes it useful for value storage purpose, using hardware or physical wallet for long-term storage is greatly advised. But for short-term storage, like for transactions on the platform, a recognized web or mobile wallet is advised.