Blockchain technology will eventually lead to many types of innovation. Especially in the financial sector, there is room for improvement. Populous is one of the most popular blockchain projects and its team focuses on discounting bills, they aim to rebuild the financing of invoices from scratch. It is a very noble and ambitious goal, but one that will not be easy to achieve.
PPT started from 264.23 INR on 1st September 2017 and fell down towards 153.01 INR on 30th September 2017. This might most likely be due to the team completely being into its beta release in November 2017.
PPT started from 160 INR on 1st October 2017 and ascended up towards 249.32 INR on 31st October 2017. This hike was following PPT comin up with Smart Contract Credit insurance and XBRL Token airdrop release.
Following the PPT team's move towards Invoice finance industry PPT witnessed a move from 236.52 INR on 1st November 2017 tand scaled up high to at 666.84 INR on 30th November 2017.
Although the team grew up in leaps and bounds following their second airdrop of PXT, creating a finance architecture on blockchain. Initially PPT started at 786.21 INR on 1st December 2017 and moved up high to 2614 INR on 31st December 2017 ending the POPULOUS year with a spectacular rise in the cryptocurrency markets
PPT started at INR 7271.97 on 1 January 2018 and was trading at INR 4329.65 on 31 January 2018.
PPT started at INR 4459.34 on 1 February 2018 and further dipped down to INR 1361.51 on 26 February 2018.
The adoption of blockchain technology in the financial sector is not new. In fact, various projects and companies hope to have a significant impact in this area. Populous is positioning itself as a platform for P2P bill financing with global ambitions. Specifically, the project is a global bill trading platform built on distributed register technology. In its current form, invoice financing is a highly fragmented and limited market with no global reach. Populous aims to change this in the coming years.
Populous aspires to provide a high-speed, low-cost business model for international billing. Users of this platform will benefit from instant funding, stand-alone smart contracts and a fully automated payment collection and receipt service. In addition, bill sellers and buyers can interact with each other regardless of their location and without the need for intermediaries. Finally, all bills are uploaded to the Ethereum blockchain to ensure they are immutable.