Topic: [ANN] PayPie - Blockchain-Powered Risk Assessment - page 166. (Read 109500 times)

If you are talking about that 'review' on bitbillions, it's more a summary than an analysis. You will have to wait for part 2, 3, 4 or 5 to get some real information I guess.

Does anyone read any downsides for this ICO? I think its always good to read all the negative news before I invest in something, makes sure I am not biased in my opinions (or at least less).

I must say that Paypie dev team is really amazing. They've got great portfolio and experience in different industries

Happy to see that even professionals here are getting an eye on Paypie. This is the best certificate for this project!

I studied accounting. Have to say Paypie is such a great idea for this field

The people behind the project are professionals, they know what they can do with the money there are trying to get
I think the project has a bright future

Thank you dude! The video is really informative and useful

Interesting part is from 6:35 where he is comparing with Populous and continuing with some clear use cases for PayPie.

How will PPP holders will be protected if invoice seller default?

protecting our token holders from the default is extremely important for us. We achieve this by bringing transparency to our methodology. You will be able to see how the platform actually assesses the credit worthiness of individuals and businesses. You will be making decisions on the underlying financial data that is real time. I believe DTTR rating is of tremendous value over time and will eliminate all the bad apples.
PayPie will have a KYC process in place to ensure SMEs are legit. Think about it, a financial software used by businesses do have access to critical business information like bank account#, CC#, bank balances, short term/long loan balances, credit card balances, customer history etc. which is of tremendous value. As far as we can envision there is no better way to make an informed smart decision and identify sound investment opportunities. If a customer is paying their invoice for the last 8 months, and there is full tracking of it in the system from the origin of the invoice to the money in the bank that get reconciled in the ERP system, you can be pretty confident that 9th invoice has very low chances of going at default if our algorithm detects that all other indicators about business health are excellent.
All this would be on top of the standard financial process that would be in place to prevent loan defaults or steps to take to aid debt recovery. In fact there are debt collection mechanisms that are well established in offline financial industry. For large amounts, it will make sense that borrowers take the credit insurance option from providers like AIG, Euler Hermes etc.

So many people will be interested in this platform I am sure, as more and more financial services get onto the Blockchain. I did a blog review today so I hope you all like it. I plan to invest a bit here as well, trying to accumulate a few eth in the meantime. 

http://bitbillions.net/2017/09/13/altcoin-review-paypie-revolutionizing-the-financial-service-sector-part-1/

Paypie uses the blockchain, and there is where all the date will be located, the blockchain is the most secure place to save big amounts of data, and it will be easy to implement, I imagine that the specific details will be shared among the clients, because it will be a little different for each company, because of the differences of businesses they may be in

Thank for answering. Did anyone buy the tokens??? plz share some experience

Of course. token holders do get their tokens back along with the income earned.

I would imagine yes, otherwise the system would self-destruct one all the tokens were "burned"

Do ppp token holders get their tokens back after an invoice is paid?

Well that's part of the crypto market. You can make a decent living just by doing the bounties on this website.

A lot of things are overpriced, like internet at the beginning or the stock market in the 80s.