[ANN] PayPie - Blockchain-Powered Risk Assessment - page 173.

Elkmar

full member

Activity: 294

Merit: 100

Quote from: Islapdonkey on September 16, 2017, 02:29:47 PM

Quote from: sonulrk on September 16, 2017, 12:59:33 PM

Quote from: ParRus on September 16, 2017, 12:48:06 PM

hi guys, found another one PAYPIE video review , man briefly and clearly states his thoughts, I like it
https://www.youtube.com/watch?v=o-aZ-FQcVKM

What is presenter don't tell us about cheating in the financial accounts by businesses. If they share all their data on blockchain even if its hashes with timestamps, don't they have to be purely honest. How many businesses run at the current time by revealing financial truth? Even big empires share false statements with the world. How will paypie persuade the common business practitioners? That is the question.

The adoption of blockchain tech will improve, and business persuasion will cease to be factor.

Well it's true that companies who made some frauds won't want to get into Paypie Grin

Islapdonkey

sr. member

Activity: 882

Merit: 277

If i had a dollar for every "had i known"

Quote from: sonulrk on September 16, 2017, 12:59:33 PM

Quote from: ParRus on September 16, 2017, 12:48:06 PM

hi guys, found another one PAYPIE video review , man briefly and clearly states his thoughts, I like it
https://www.youtube.com/watch?v=o-aZ-FQcVKM

What is presenter don't tell us about cheating in the financial accounts by businesses. If they share all their data on blockchain even if its hashes with timestamps, don't they have to be purely honest. How many businesses run at the current time by revealing financial truth? Even big empires share false statements with the world. How will paypie persuade the common business practitioners? That is the question.

The adoption of blockchain tech will improve, and business persuasion will cease to be factor.

Korsakopf

full member

Activity: 210

Merit: 105

Quote from: PS92 on September 16, 2017, 02:17:17 PM

Quote from: chichidori on September 16, 2017, 01:28:41 AM

Quote from: Wapinter on September 15, 2017, 04:27:17 PM

"At PayPie our goal is to execute fast and, not only become a market leader but control that position just like Google does it today for the search market. Google gets almost 80% and next company gets only 5-6% of the market. We want to become like Google in our industry."

Nick Chandi
CEO Paypie

Its a very high ambition but sometime you have to dream big to get your goals, if you want to take 80 percent of the market better target some of those corporate people.

Setting low goals is for people who don't believe in their product!

Exactly, if your product is better then current accounting/credit programs, then you should be able to believe in it. And he isn't saying it will happen overnight, of course adoption will take time.

PS92

full member

Activity: 644

Merit: 101

Quote from: chichidori on September 16, 2017, 01:28:41 AM

Quote from: Wapinter on September 15, 2017, 04:27:17 PM

"At PayPie our goal is to execute fast and, not only become a market leader but control that position just like Google does it today for the search market. Google gets almost 80% and next company gets only 5-6% of the market. We want to become like Google in our industry."

Nick Chandi
CEO Paypie

Its a very high ambition but sometime you have to dream big to get your goals, if you want to take 80 percent of the market better target some of those corporate people.

Setting low goals is for people who don't believe in their product!

bitcoin-shark

hero member

Activity: 2968

Merit: 605

Quote from: FIEX on September 15, 2017, 02:45:44 AM

Quote from: Wapinter on September 14, 2017, 05:20:22 PM

Watch this video by Mike from cryptoadvisors.io

PayPie Token Sale is a Go for me - Here is why

Thanks a lot for this share.
This is a really nice video that shows the potential of Paypie! Paypie is doing really great for the moment and I'm certain this ITO will be a success.

Keep it up team.

nice video he has right this ico/project will be a great success...

PS92

full member

Activity: 644

Merit: 101

Quote from: Voltaje on September 15, 2017, 11:45:23 AM

Quote from: PS92 on September 15, 2017, 11:36:27 AM

Quote from: matjas on September 14, 2017, 12:34:20 PM

Quote from: cantdecide on September 14, 2017, 12:03:26 PM

Quote from: BroganBloodstone on September 14, 2017, 11:46:51 AM

This looks good. Going to look into it.
Who are the competitors to this coin?

I don't think there is real competitors so far in blockchain business. It's more like an blockchain VS non blockchain competition I think.

Even if competitors come in the game later, the good news is that PayPie is the first one who presented a project on this topic in blockchain so it gives them a big advantage over others. New good ideas must be rewarded.

First mover advantage isn't always an advantage. Think of MySpace for instance. You have to keep innovating.

Paypie is an innovation in itself, myspace earned a lot because it was the first, but it was their fault for not innovating, now they are trying to survive by innovating, but facebook is the king that almost nobody knows myspace anymore, paypie know about this, so they will innovate and answer to whatever competition may arise, they are intelligent people.

Sure hope so and think tthey are indeed ready for the challenge!

sonulrk

full member

Activity: 266

Merit: 100

Quote from: ParRus on September 16, 2017, 12:48:06 PM

hi guys, found another one PAYPIE video review , man briefly and clearly states his thoughts, I like it
https://www.youtube.com/watch?v=o-aZ-FQcVKM

What is presenter don't tell us about cheating in the financial accounts by businesses. If they share all their data on blockchain even if its hashes with timestamps, don't they have to be purely honest. How many businesses run at the current time by revealing financial truth? Even big empires share false statements with the world. How will paypie persuade the common business practitioners? That is the question.

T.Stuart

hero member

Activity: 644

Merit: 500

One Token to Move Anything Anywhere

Quote from: pynetx on September 16, 2017, 12:31:29 PM

Quote from: Trrrt on September 16, 2017, 10:45:22 AM

Yes the community is really glad and supportive with paypie. I think the project will be a great sucess and I'm not alone. A lot of people want to join it and have big hope for the future of blockchain accounting.

Yep the team is very experienced and they are getting a lot of traction from the expos.

yes, I have long paid attention to this project because of a strong team, now he has already gathered a lot of attention around him

ParRus

full member

Activity: 490

Merit: 104

hi guys, found another one PAYPIE video review , man briefly and clearly states his thoughts, I like it
https://www.youtube.com/watch?v=o-aZ-FQcVKM

Islapdonkey

sr. member

Activity: 882

Merit: 277

If i had a dollar for every "had i known"

Quote from: Wapinter on September 16, 2017, 07:03:07 AM

Quote from: Dick Dick Face on September 15, 2017, 07:42:14 PM

Why is paypie or slickpie not on official company registry for Canada? https://www.ic.gc.ca/app/scr/cc/CorporationsCanada/fdrlCrpSrch.html shouldn't we be able to find you on there? Undecided

Hello Dick Dick Face,Nick Chandi replied to you this question on slack when you soot it there.Seems you missed it.I am quoting below his reply from slack
"Parent company is Welcome Networks Inc....
in Canada, you can register in the Province and we are registered in the BC. Province is equivalent of the State."

Haha!! I thought Wapinter was going in on him. LoL.

pynetx

sr. member

Activity: 798

Merit: 262

Quote from: Trrrt on September 16, 2017, 10:45:22 AM

Yes the community is really glad and supportive with paypie. I think the project will be a great sucess and I'm not alone. A lot of people want to join it and have big hope for the future of blockchain accounting.

Yep the team is very experienced and they are getting a lot of traction from the expos.

batako

sr. member

Activity: 1022

Merit: 252

Quote from: haxllega on September 16, 2017, 11:26:22 AM

Quote from: BTCBusinessConsult on September 16, 2017, 08:46:04 AM

Quote from: Elkmar on September 16, 2017, 07:58:46 AM

Quote from: matjas on September 16, 2017, 03:44:07 AM

Quote from: chichidori on September 16, 2017, 01:28:41 AM

Quote from: Wapinter on September 15, 2017, 04:27:17 PM

"At PayPie our goal is to execute fast and, not only become a market leader but control that position just like Google does it today for the search market. Google gets almost 80% and next company gets only 5-6% of the market. We want to become like Google in our industry."
Nick Chandi
CEO Paypie

Its a very high ambition but sometime you have to dream big to get your goals, if you want to take 80 percent of the market better target some of those corporate people.

Since all of us believe that blockchain is the next big thing, otherwise we wouldn't be here, this is highly possible since they are the first ones to implement this idea to it.
We all know that right now its really hard to be such a big player on the market but as an potential investor i have to support their goals.

I'm pretty sure that some of the major ICOs we've seen during the last months, and some major ICOs coming will be important companies in some years. Blockchain is more and more "trendy", I've a got a lot of engineers in my LinkedIn Network, and the number of posts talking about the blockchain technology keeps increasing from month to month.

I have noticed that too. And in my field (Mining) they dont talk about ANYTHING but mining and now its starting to break into our world... its getting there Grin

I am sure mass adoption is just a question of time. It's exactly like the internet in the 90s. In the first years' nobody believed that it could be used by the normal folks but today its used by everybody.

Back to 90s most people in my country didn't aware about computer, but look at today, almost everyone use it in daily basis. As well with blockchain technology, I guess it will become the most used technology in the future. Wish paypie will become the part of the succesful story.

Voltaje

sr. member

Activity: 350

Merit: 250

Quote from: Elkmar on September 16, 2017, 07:58:46 AM

Quote from: matjas on September 16, 2017, 03:44:07 AM

Quote from: chichidori on September 16, 2017, 01:28:41 AM

Quote from: Wapinter on September 15, 2017, 04:27:17 PM

"At PayPie our goal is to execute fast and, not only become a market leader but control that position just like Google does it today for the search market. Google gets almost 80% and next company gets only 5-6% of the market. We want to become like Google in our industry."
Nick Chandi
CEO Paypie

Its a very high ambition but sometime you have to dream big to get your goals, if you want to take 80 percent of the market better target some of those corporate people.

Since all of us believe that blockchain is the next big thing, otherwise we wouldn't be here, this is highly possible since they are the first ones to implement this idea to it.
We all know that right now its really hard to be such a big player on the market but as an potential investor i have to support their goals.

I'm pretty sure that some of the major ICOs we've seen during the last months, and some major ICOs coming will be important companies in some years. Blockchain is more and more "trendy", I've a got a lot of engineers in my LinkedIn Network, and the number of posts talking about the blockchain technology keeps increasing from month to month.

Lets hope it continues increasing, the massive adoption of the blockchain is the unofficial goal of the community, and with each successful project, we are reaching that goal bit by bit, paypie will introduce the blockchain for companies, using it as one of its major points, accounting and ledger management, risk management, protection against scammers and trustless transactions Cheesy

, that will certainly change the way companies do business.

haxllega

full member

Activity: 392

Merit: 100

Quote from: BTCBusinessConsult on September 16, 2017, 08:46:04 AM

Quote from: Elkmar on September 16, 2017, 07:58:46 AM

Quote from: matjas on September 16, 2017, 03:44:07 AM

Quote from: chichidori on September 16, 2017, 01:28:41 AM

Quote from: Wapinter on September 15, 2017, 04:27:17 PM

"At PayPie our goal is to execute fast and, not only become a market leader but control that position just like Google does it today for the search market. Google gets almost 80% and next company gets only 5-6% of the market. We want to become like Google in our industry."
Nick Chandi
CEO Paypie

Its a very high ambition but sometime you have to dream big to get your goals, if you want to take 80 percent of the market better target some of those corporate people.

Since all of us believe that blockchain is the next big thing, otherwise we wouldn't be here, this is highly possible since they are the first ones to implement this idea to it.
We all know that right now its really hard to be such a big player on the market but as an potential investor i have to support their goals.

I'm pretty sure that some of the major ICOs we've seen during the last months, and some major ICOs coming will be important companies in some years. Blockchain is more and more "trendy", I've a got a lot of engineers in my LinkedIn Network, and the number of posts talking about the blockchain technology keeps increasing from month to month.

I have noticed that too. And in my field (Mining) they dont talk about ANYTHING but mining and now its starting to break into our world... its getting there Grin

I am sure mass adoption is just a question of time. It's exactly like the internet in the 90s. In the first years' nobody believed that it could be used by the normal folks but today its used by everybody.

Trrrt

full member

Activity: 448

Merit: 107

Yes the community is really glad and supportive with paypie. I think the project will be a great sucess and I'm not alone. A lot of people want to join it and have big hope for the future of blockchain accounting.

kraterion

full member

Activity: 616

Merit: 145

🚀🚀 ATHERO.IO 🚀🚀

Quote from: Rigorous on September 15, 2017, 05:48:11 PM

Quote from: viljy on September 15, 2017, 08:28:46 AM

Quote from: Rigorous on September 12, 2017, 05:57:43 AM

Quote from: viljy on September 12, 2017, 03:13:53 AM

Only one thing does not understand - where will the platform take the initial data? From an open reporting? And if there are errors, then you will have to check everything first. Do an audit. And if there is an error or data there, then they will remain in this system, on the blockchain?

I would expect errors to remain in both the system and the blockchain and store corrections in new transactions. Just like with software version control systems, you don't erase history (to be clear, it's technically possible, but not recommended) but you append a new commit to fix a past error.

How can this be so? Each block follows from the previous one. If the error is in block 100, and it is fixed in block 200, then all blocks 100 through 199 contain an error. They need to be fixed. If you do this as shown, the blockchain is not needed, it makes no sense.

How can you fix the error in block 100 through 199? Remember the blocks contain the hash of the invoice data. You would need to roll back the blockchain, you'd have to fork, which is a no-no. Blocks are immutable. All you can do is add a new block and say "block 100 through 199 contain an error, here is the fix".

There could be another way if the documents are stored in IPFS and the blocks only contain a pointer to the document. Then you'd be able to change the data in the document without having to change the blockchain. But then you lose the data integrity, which is the whole point of PayPie.

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 Tongue

kursigoyang

full member

Activity: 239

Merit: 100

project that a lot of enthusiasts and also bounty followers who have been provided by the project until I can not follow it because participants are full hopefully the project can be a great success

toolucky98

full member

Activity: 490

Merit: 100

Quote from: ?? on ??

Quote from: pynetx on September 16, 2017, 09:04:40 AM

Quote from: Elkmar on September 16, 2017, 07:58:46 AM

Quote from: matjas on September 16, 2017, 03:44:07 AM

Quote from: chichidori on September 16, 2017, 01:28:41 AM

Quote from: Wapinter on September 15, 2017, 04:27:17 PM

"At PayPie our goal is to execute fast and, not only become a market leader but control that position just like Google does it today for the search market. Google gets almost 80% and next company gets only 5-6% of the market. We want to become like Google in our industry."
Nick Chandi
CEO Paypie

Its a very high ambition but sometime you have to dream big to get your goals, if you want to take 80 percent of the market better target some of those corporate people.

Since all of us believe that blockchain is the next big thing, otherwise we wouldn't be here, this is highly possible since they are the first ones to implement this idea to it.
We all know that right now its really hard to be such a big player on the market but as an potential investor i have to support their goals.

I'm pretty sure that some of the major ICOs we've seen during the last months, and some major ICOs coming will be important companies in some years. Blockchain is more and more "trendy", I've a got a lot of engineers in my LinkedIn Network, and the number of posts talking about the blockchain technology keeps increasing from month to month.

Yeah, the revolution has started and it will take over very soon. It's a good thing for people like us who want independence from govt bodies with prying eyes on our privacy.

I was even thinking that the ultimate end user of blockchain technology is the Government who will have the most benefits if they use it wisely. And Paypie is an excellent example of applying blockchain technology other fields of endeavor.

Well, that can be true.
But my opinion is blockchain will lead to decentralization and decentralization will against centralization which is usually government.

levyashin

sr. member

Activity: 980

Merit: 276

$CYBERCASH METAVERSE

Quote from: Rigorous on September 16, 2017, 07:23:49 AM

Quote from: Wapinter on September 16, 2017, 07:03:07 AM

"Parent company is Welcome Networks Inc....
in Canada, you can register in the Province and we are registered in the BC. Province is equivalent of the State."

Thanks for clearing that up. But wouldn't SlickPie.com INC be in that register too? I thought subdiaries have to register too. I can't open the page for some reason to check it myself.

I don't think it's mandatory. At least in my country it isn't. Every country has own regulations and i believe they are applying all the necessities. So there shouldn't be a problem.

viljy

hero member

Activity: 1736

Merit: 857

Quote from: Rigorous on September 15, 2017, 05:48:11 PM

Quote from: viljy on September 15, 2017, 08:28:46 AM

Quote from: Rigorous on September 12, 2017, 05:57:43 AM

Quote from: viljy on September 12, 2017, 03:13:53 AM

Only one thing does not understand - where will the platform take the initial data? From an open reporting? And if there are errors, then you will have to check everything first. Do an audit. And if there is an error or data there, then they will remain in this system, on the blockchain?

I would expect errors to remain in both the system and the blockchain and store corrections in new transactions. Just like with software version control systems, you don't erase history (to be clear, it's technically possible, but not recommended) but you append a new commit to fix a past error.

How can this be so? Each block follows from the previous one. If the error is in block 100, and it is fixed in block 200, then all blocks 100 through 199 contain an error. They need to be fixed. If you do this as shown, the blockchain is not needed, it makes no sense.

How can you fix the error in block 100 through 199? Remember the blocks contain the hash of the invoice data. You would need to roll back the blockchain, you'd have to fork, which is a no-no. Blocks are immutable. All you can do is add a new block and say "block 100 through 199 contain an error, here is the fix".

There could be another way if the documents are stored in IPFS and the blocks only contain a pointer to the document. Then you'd be able to change the data in the document without having to change the blockchain. But then you lose the data integrity, which is the whole point of PayPie.

Maybe so ... I probably do not quite understand exactly how they will keep their records. In any case, the platform is uniquely promising. And how the project will really develop in reality - time will tell.

Topic: [ANN] PayPie - Blockchain-Powered Risk Assessment - page 173. (Read 109500 times)