There will be a free Air-Drop of XBRL-Populous-Tokens to all loyal PPT holders. More details to follow from Pop.
" XBRL is a global standard for exchanging business information which is freely available. It's also currently used to define and exchange financial information, such as a company’s financial statements. XBRL allows the expression of semantic meaning commonly required in business reporting. We have built a XBRL back-end which forms part of our in-house credit reference system and targeted marketing database, currently we update the UK company financial statements of more than 2 million companies daily prior to when they file their financial annual accounts to the UK Companies House. " ...
What do you mean free air-drop. I have been out of the loop for 2 weeks, what happened to PPT, I see the price didnt moved yet. Any news about the beta?
PPT is still used for invoice trading on their platform. The XBRL tokens seem like something Populous might be doing to compete with paypie on credit-risk assessment. I might be wrong, but that's how it looks from here. We will have to wait for the details. And man just be happy: free stuff!
That's correct. It sounds like XBRL will be used for credit scoring outside of the invoice trading platform.