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At its core, Populous is a peer-to-peer (P2P) platform that facilitates the buying and selling of outstanding invoices. This allows SMEs to convert their invoices into instant liquidity by selling them to willing investors. This process is particularly beneficial for businesses that need immediate cash but are constrained by the lengthy wait associated with traditional invoice processing.
Populous employs a unique token system, referred to as Pokens. These are pegged 1:1 to fiat currencies, ensuring stability in transactions. This innovative approach aims to disrupt the conventional invoice financing landscape, making it more accessible, decentralized, and transparent to businesses that require rapid funding solutions.