Populous (PPT)

Populous Token Profile (PDF)

Populous is a project built on the Ethereum blockchain that attempts to allow small and medium sized enterprises to sell outstanding account receivables at a discount to advance future cash flows. The project positions itself as a liquidity provider to companies on the brink of bankruptcy, and an alternative to credit markets. Populous intends to analyze and assess risks related to its users by looking at metrics such as the Altman’s Z-score, which looks at the probability of bankruptcy based on a variety of accounting metrics. This data is used to perform an “in-depth credit risk analysis on targeted potential borrowers, linked companies, and their customers.” There has been no evidence of actual use of the protocol, and the token’s Github repository only has code that pertains to token itself.