Populous is releasing live Beta

Populous platform is going to launch beta version on May 1 to test its readiness for a mass adoption
15 April 2018   1104

Populous' Beta set to go live May 1. The purpose is to monitor the performance of the platform and decide if it's OK to start accepting the massive influx of PPT holders. During beta period a few PPT holders will be selected to benefit from being able to trade a live invoice from real companies. To do that, PPT holders can pledge their PPT for Poken and then use it to purchase a pre-selected single invoice on the platform. The purchase of real invoices helps business with short-term cash flow and makes use of Populous XBRL data.

The platform will open access to a gradual roll-out of invoices during the beta for the start. As it prepares to be opened to the general public invoices will be ramping up in volume. Built on the blockchain technology, Populous allows global investors to bid real-time on invoices to provide them with competitive prices, compared to more centralised competitors of invoice discounting platforms.

At the moment of publication, Populous market characteristics are as follows

  • Average price: $16.08
  • Market cap: $595,113,562
  • Volume (24H): $1,885,120

Santander to Deny XRP Token Usage Info

It turned out that bank uses xCurrent in One Pay FX instead of XRP token for international payments, as it stated earlier
25 March 2019   71

Santander, a large Spanish bank, in its Twitter spread incorrect information about cooperation with Ripple.

And although the majority of cryptocurrency holders reacted positively to the statement of Santander, some of them drew attention to the fact that this news had no effect on the growth of XRP trading volume.

It soon became clear that the bank provided incorrect information.

xCurrent allows Ripple customers to make payments using Fiat as well as digital currencies. A similar product, the operations in which are carried out using XRP cryptocurrency, is called xRapid.

Despite the official apology, some commentators suspected the bank of manipulating the market.