Estimated reading time: 1 minute, 10 seconds
This episode of Blockchain Token – What is it? covers Populous! In this series, we will cover the different types of blockchain platforms and cryptocurrencies on the market right now. We’ll give you a quick description of each blockchain/token, its function, who is their competition and where you can learn more.
Populous is a global invoice trading platform built on blockchain’s distributed ledger technology (DLT). Populous uniquely connects business owners with invoice buyers on a global scale by leveraging the security, transparency, and speed of blockchain technology (BCT).
The first is maintaining network speed without compromising low transaction costs. Smart contracts perform all transactions, creating an environment where third parties cannot capitalize.
Populous has created a functional marketplace, connecting invoice sellers with those looking to buy them. This creates the opportunity for passive income while letting businesses pass off their invoices. Smart contracts autonomously perform funding collection and release payments, which is the base of several.
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