Here’s Why We Think Populous (PPT) Could Be A Smart Long Term Pick

One of the major impacts that bitcoin and the blockchain space is having on global industry is disruption-by-update. In the same way that many industries migrated to a network infrastructure on the back of the internet going mainstream, many more are now migrating to a blockchain based infrastructure (still network-based, of course, but decentralized) in order to address various inefficiencies associated with their legacy framework.

PPT Daily Chart

Some of these are well-known, household type industries – healthcare, entertainment, that sort of thing. Others, however, are perhaps not as well-known but still represent a considerable amount of opportunity for both the companies doing the disrupting and the traders and investors that back their growth.

These smaller, more niche industries represent low hanging fruit and one that we’ve had on our watch list of late is Populous (PPT).

PPT is up a little more than 32% over the past 24 hours but go back circa 30 days and this percentage gain figure rises to more than 510%.

Here is why we think this one’s one-to-watch going forward.

The industry that Populous is going after is called invoice financing. Chances are that many won’t be familiar with this industry so it’s worth jumping into a bit of an introduction as to exactly what invoice financing is before trying to explain how Populous is set to disrupt it.

It’s actually quite simple. When a company issues an invoice for goods or services rendered, there is generally a lag (30 days, 90 days, etc.) between issue and payment. This can cause problems with cash flow, especially when the company operates in a capital-intensive industry and, as such, a market exists through which they can monetize their invoices ahead of payment delivery.

Basically, an invoice buyer will pay a fee for what amounts to control of the invoice. The buyer pays less than the invoice totals and then, when the company to whom the invoice was initially issued delivered on payment, the payment is received by the invoice buyer (as opposed to the company that initially issued it).

The buyer makes their money on the difference between the price they paid for the invoice and the settlement they received when the invoice was paid at due date and the invoice seller doesn’t have to wait until due date to cash in on the invoice they issued. Everybody wins.

It’s a neat market but it’s one that, right now, is very localized and limited. By using blockchain technology as a framework for this industry, Populous thinks it can turn it into a global decentralized and transparent market – and we think the company has a solid chance of doing exactly that.

The thing is, the niche quality of this market right now means that Populous is the only company that’s trying to tackle it.

Exactly where things will go from here on a more short-term basis is tough to say. The volatility that we’re seeing right now in these coins is very much linked to the volatility that we are seeing in bitcoin and – by proxy – the potential for a near-term correction cannot be negated.

With that said, however, even against a backdrop of corrective activity, that a large number of these disruptive-type companies are going to succeed longer term is practically a given and it’s not going to take much from a speculative volume perspective to really get PPT moving above and beyond current levels.

As such, any near-term correction that hits the latest run could be a nice opportunity to pick up some discount coins ahead of an overarching return to the upside.

We will be updating our subscribers as soon as we know more. For the latest on PPT, sign up below!

Disclaimer: This article should not be taken as, and is not intended to provide, investment advice. Please conduct your own thorough research before investing in any cryptocurrency.

Image courtesy of Populous