Topic: [ANN] PayPie - Blockchain-Powered Risk Assessment - page 163. (Read 109500 times)
PayPie solves the problems of fraud and inconsistencies which exist in isolated accounting systems by allowing for live analysis of financial statements on the blockchain, which is intended to facilitate the determination of credit risk in lending operations. This analysis will be done using a single ledger approach and will consider the all-time historical financial information of participating businesses to safeguard and transform the way credit risk is assessed by lenders, investors, banks and other financial institutions while building an entire blockchain-backed ecosystem. All accounting inputs will be bound to the blockchain, which will secure the entire transaction-checking process in a trustless environment generating unbiased data.
What about you deploy a new contract and you say "from now on here is the contract, previous contract contains errors and it will not be used anymore". Don't know if it's possible to do chain snapshots everyday for a kind of "backup", if you can, you can import the whole data from the last block whitout errors and you go on. Just tell me if the whole thing is possible 
That's what I suggested. You cannot erase the erroneous contract from the blockchain without forking. You could erase it from the IPFS, but then what is the point of using the blockchain as a means of decentralized verification (consensus)?
You have add to a new version of the contract.
| Document | Revision | Hash | IPFS location |
| Job_Contract | 1 | 30FCB7 | //company_xyz/30FCB7/job_contract.pdf |
| Job_Contract | 2 | CBA8CA | //company_xyz/CBA8CA/job_contract.pdf |
Just like in accounting, if there was a mistake you don't rewrite the entries that were already there, you add a new entry containing the correction.
Great to see users posting reviews here of the project in other languages than English, too. That will help spread the word about this ICO and make it a successful one.
This means that Paypie have very strong and active community which is the best thing that ICO can have. Devs are solid so they should have any problem with developing this platformCan't agree more. A strong and active community is key to a successful ICO. You can also see it here in this thread. Even though the ICO will just start in a few weeks there is already a lot of lively discussion here. This really makes me believe in this project.
Great to see users posting reviews here of the project in other languages than English, too. That will help spread the word about this ICO and make it a successful one.
This means that Paypie have very strong and active community which is the best thing that ICO can have. Devs are solid so they should have any problem with developing this platform
Great to see users posting reviews here of the project in other languages than English, too. That will help spread the word about this ICO and make it a successful one.
another one video review for anyone who wants some information about PAYPIE
https://www.youtube.com/watch?v=gYBJLIZb6NQ
https://www.youtube.com/watch?v=gYBJLIZb6NQ
Thanks, very good explanation of the idea, and i like that they went deeper into things like token distribution and how the reserves are used.
ICOs and Crypto business are pretty much wild wild west right now. It is like a breathe of fresh air to see business will real world use case being pitched to the community. I am very excited for this project.
there are multiple ICO's doing this. it was inevitable really. there's only so many coins to make up that serve the same function.
another one video review for anyone who wants some information about PAYPIE
https://www.youtube.com/watch?v=gYBJLIZb6NQ
https://www.youtube.com/watch?v=gYBJLIZb6NQ
Thanks, very good explanation of the idea, and i like that they went deeper into things like token distribution and how the reserves are used.
I would like to ask how would PAYPIE platform access databases from other accounting software if the databases are encrypted?
My guess is they plan to foster a partnership with this companies and hopefully implement their SDK into their platform, which should enable cross communication btw both software.
ICOs and Crypto business are pretty much wild wild west right now. It is like a breathe of fresh air to see business will real world use case being pitched to the community. I am very excited for this project.
Check out our analysis of the upcoming PayPie ICO
https://coincentral.com/upcoming-icos/paypie-ico-token-sale/
https://coincentral.com/upcoming-icos/paypie-ico-token-sale/
Nice analysis CoinCentral, you believe in this project too! However I think there's a typo in "*It is important to note that there will be an additional 55,000 PPP tokens minted that will be kept as a reserve and be used for partnerships*" , it should be 55,000,000 instead of 55,000 ?
Total Token Pool Size Including Reserve: 165,000,000 PPP
Maximum Total Token Amount Dedicated for Crowdsale: 82,500,000 PPP
Minimum Token Crowdsale for Platform Viability: 4,500,000 PPP
Team and Advisors: 27,500,000 PPP
Industry Reserve: 55,000,000 PPP
Asked a question, but didnt receive answer
How much companies will pay for using Paypie platform?
It's too early to determine this. They need to start developing, make some research and then they will be able to tell exact price. Anyway I'm sure that PayPie will be much cheaper than it's competitors How much companies will pay for using Paypie platform?
The name is very important that's true, but paypie is a great name I think, they don't need to rebrand it I see a lot of people enjoy the image of paypie. And the project is great with that, huge potential, but very technical so we need to read à it about the project before understanding all applications, but when you understand the potential you know why there is so much people behind paypie.
Well, I agree. I really like the PayPie name. I think it's perfect for their project.
Check out our analysis of the upcoming PayPie ICO
https://coincentral.com/upcoming-icos/paypie-ico-token-sale/
https://coincentral.com/upcoming-icos/paypie-ico-token-sale/
Nice analysis CoinCentral, you believe in this project too! However I think there's a typo in "*It is important to note that there will be an additional 55,000 PPP tokens minted that will be kept as a reserve and be used for partnerships*" , it should be 55,000,000 instead of 55,000 ?
Check out our analysis of the upcoming PayPie ICO
https://coincentral.com/upcoming-icos/paypie-ico-token-sale/
https://coincentral.com/upcoming-icos/paypie-ico-token-sale/
Asked a question, but didnt receive answer
How much companies will pay for using Paypie platform?
How much companies will pay for using Paypie platform?
I already asked like that, a little differently. From where they will take the initial financial data of organizations for their analysis. Allegedly, potential borrowers will themselves seek to make contact and provide information to assess credit risk. Maybe I misunderstood?
As far as I understood, they will get their first data from SMEs that are already using Slickpie accounting software.
here a video review paypie ico project indonesian voice for indonesian people
youtube video: https://www.youtube.com/watch?v=omtwj6Qu60A&feature=youtu.be
youtube video: https://www.youtube.com/watch?v=omtwj6Qu60A&feature=youtu.be
Asked a question, but didnt receive answer
How much companies will pay for using Paypie platform?
How much companies will pay for using Paypie platform?
I already asked like that, a little differently. From where they will take the initial financial data of organizations for their analysis. Allegedly, potential borrowers will themselves seek to make contact and provide information to assess credit risk. Maybe I misunderstood?
In regard to the data anonymization process, I'm still not sure that hiding some data will fully convince businesses to open up their books. You must be familiar with this: "We only collect anonymous information." Google, Facebook et al. have been plastering such notices on our screens for years and by now we know they know everything about us and effectively identify their users by combining and analyzing anonymous data.
But I suppose if you are a business in need of loans, you have to give something in return. You can't have your pie and eat it.
But I suppose if you are a business in need of loans, you have to give something in return. You can't have your pie and eat it.
I would like to ask how would PAYPIE platform access databases from other accounting software if the databases are encrypted?
Nice question, they need data from databases especially for to know how timely and consistent your payments are, total debts, length of credit history and types of credit previously received and more Jump to: