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Topic: [ANN] PayPie - Blockchain-Powered Risk Assessment - page 191. (Read 109500 times)

sr. member
Activity: 980
Merit: 276
$CYBERCASH METAVERSE
Has anybody seen this?

What a bad way to announce it. There is no info in website and not a single post to official thread with near 60 page in it.

Didn't get the cause of new thread. Maybe it's fake?

If it's fake team should report it.



I deleted the quote cause It was a scam attemp, checked their eth adress and luckily no-one fall for it.

sr. member
Activity: 630
Merit: 276
I just heard that some old-school insurance companies that teamed up in B3i (Blockchain Insurance Industry Initiative) are going to roll out a blockchain technology beta for credit risk management.

http://www.insurancebusinessmag.com/us/news/breaking-news/insurance-giants-join-forces-as-blockchain-prototype-debuts-78510.aspx

Which means they are a direct competitor?

I am not sure about it's a direct competitor cause one of then is accounting based the other one ise insurance. But if it's, that's not a bad thing.

Market is already very big for just one company and competiton cause companies to perform better.

Not exactly. Traditional companies need much more time to achive something. They are obsolete and old minded so they won't be able to compete with Paypie soon
If it's a success it would revolutionize the accounting market.

Very valid point made by Heimer. They always have to cope with their old infrastructure first to then implement new infrastructure. Not a problem that Paypie will have to deal with.

The good news here is that if these companies want to enter the market, it means that the idea is solid. they wouldn't put their money in if they weren't certain. luckily paypie is first to market.

This article is very good news for PayPie!
It means the market is ready for blockchain and big companies are finally see the advantages of this technology. Paypie will fit perfectly into this world. Really hope when the ICO starts a lot of investors will focus on this platform. Keep spreading the word about Paypie! Wink
newbie
Activity: 32
Merit: 0
This is a good idea for the companies who really need a bank loan. However, what about the others who have large owner's equity and don't wanna public their financial information?
sr. member
Activity: 350
Merit: 250
I just heard that some old-school insurance companies that teamed up in B3i (Blockchain Insurance Industry Initiative) are going to roll out a blockchain technology beta for credit risk management.

http://www.insurancebusinessmag.com/us/news/breaking-news/insurance-giants-join-forces-as-blockchain-prototype-debuts-78510.aspx

Which means they are a direct competitor?

I am not sure about it's a direct competitor cause one of then is accounting based the other one ise insurance. But if it's, that's not a bad thing.

Market is already very big for just one company and competiton cause companies to perform better.

Not exactly. Traditional companies need much more time to achive something. They are obsolete and old minded so they won't be able to compete with Paypie soon
If it's a success it would revolutionize the accounting market.

Very valid point made by Heimer. They always have to cope with their old infrastructure first to then implement new infrastructure. Not a problem that Paypie will have to deal with.

The good news here is that if these companies want to enter the market, it means that the idea is solid. they wouldn't put their money in if they weren't certain. luckily paypie is first to market.

Accounting and risk management is totally different from insurance, at most both will tackle the risk prediction algorithm in their own way, but that it's, they at most, wouldn't compete  toe to toe to in the same areas, paypie will help companies' ledgers, so, for now, paypie remains the sole player in this niche, until another blockchain start up appears in the accounting industry, good for us.
full member
Activity: 392
Merit: 100
I just heard that some old-school insurance companies that teamed up in B3i (Blockchain Insurance Industry Initiative) are going to roll out a blockchain technology beta for credit risk management.

http://www.insurancebusinessmag.com/us/news/breaking-news/insurance-giants-join-forces-as-blockchain-prototype-debuts-78510.aspx

Which means they are a direct competitor?

I am not sure about it's a direct competitor cause one of then is accounting based the other one ise insurance. But if it's, that's not a bad thing.

Market is already very big for just one company and competiton cause companies to perform better.

Not exactly. Traditional companies need much more time to achive something. They are obsolete and old minded so they won't be able to compete with Paypie soon
If it's a success it would revolutionize the accounting market.

Very valid point made by Heimer. They always have to cope with their old infrastructure first to then implement new infrastructure. Not a problem that Paypie will have to deal with.

The good news here is that if these companies want to enter the market, it means that the idea is solid. they wouldn't put their money in if they weren't certain. luckily paypie is first to market.
full member
Activity: 182
Merit: 100
About that competition from big companies. I think that before they move  forward it will take a lot time as they  are so big it will take time before they will agree on something, till then this project has planty of time to get grip on market.
sr. member
Activity: 882
Merit: 277
If i had a dollar for every "had i known"
I just heard that some old-school insurance companies that teamed up in B3i (Blockchain Insurance Industry Initiative) are going to roll out a blockchain technology beta for credit risk management.

http://www.insurancebusinessmag.com/us/news/breaking-news/insurance-giants-join-forces-as-blockchain-prototype-debuts-78510.aspx

Which means they are a direct competitor?

I am not sure about it's a direct competitor cause one of then is accounting based the other one ise insurance. But if it's, that's not a bad thing.

Market is already very big for just one company and competiton cause companies to perform better.

Not exactly. Traditional companies need much more time to achive something. They are obsolete and old minded so they won't be able to compete with Paypie soon

Very valid point made by Heimer. They always have to cope with their old infrastructure first to then implement new infrastructure. Not a problem that Paypie will have to deal with.

IMHO, its not easy to migrate legacy systems to a new one, and most employees of that old school insurance company with legacy systems will be hesitant to adapt their new system.

Am not sure about all that. Paypie is still trying to get it's feet wet. Hoping to create partnership with this big insurance companies while this companies already have this partnerships in place. either way, it's a vast domain and competition is good
full member
Activity: 574
Merit: 115
IMHO, its not easy to migrate legacy systems to a new one, and most employees of that old school insurance company with legacy systems will be hesitant to adapt their new system.

Next month B3i will launch a public beta for the prototype they spent 4 months building and they are planning a production launch in 2018. That's pretty fast moving you must admit. Don't forget old school organization can also hire young employees to work on experimental technologies in parallel to their legacy systems. I know the tax authorities have experimental AI/Big Data task forces too...
hero member
Activity: 924
Merit: 520
I just heard that some old-school insurance companies that teamed up in B3i (Blockchain Insurance Industry Initiative) are going to roll out a blockchain technology beta for credit risk management.

http://www.insurancebusinessmag.com/us/news/breaking-news/insurance-giants-join-forces-as-blockchain-prototype-debuts-78510.aspx

Which means they are a direct competitor?

I am not sure about it's a direct competitor cause one of then is accounting based the other one ise insurance. But if it's, that's not a bad thing.

Market is already very big for just one company and competiton cause companies to perform better.

Not exactly. Traditional companies need much more time to achive something. They are obsolete and old minded so they won't be able to compete with Paypie soon

Very valid point made by Heimer. They always have to cope with their old infrastructure first to then implement new infrastructure. Not a problem that Paypie will have to deal with.

IMHO, its not easy to migrate legacy systems to a new one, and most employees of that old school insurance company with legacy systems will be hesitant to adapt their new system.
hero member
Activity: 686
Merit: 500
I just heard that some old-school insurance companies that teamed up in B3i (Blockchain Insurance Industry Initiative) are going to roll out a blockchain technology beta for credit risk management.

http://www.insurancebusinessmag.com/us/news/breaking-news/insurance-giants-join-forces-as-blockchain-prototype-debuts-78510.aspx
good news! This once again confirms the relevance of this sphere, If the PAYPIE will realizes this opportunity first, it will be very cool

If they get into the market before them and grab these opportunities then it will automatically double the application population over night and Paypie can eliminate most of their competitors.

competition is good thing. paypie has first advantage.
sr. member
Activity: 1792
Merit: 293
👉bit.ly/3QXp3oh | 🔥 Ultimate Launc
who want to try buy my ticket on alpha site and do refund? i will now how this website do.
hero member
Activity: 1078
Merit: 504
I just heard that some old-school insurance companies that teamed up in B3i (Blockchain Insurance Industry Initiative) are going to roll out a blockchain technology beta for credit risk management.

http://www.insurancebusinessmag.com/us/news/breaking-news/insurance-giants-join-forces-as-blockchain-prototype-debuts-78510.aspx
good news! This once again confirms the relevance of this sphere, If the PAYPIE will realizes this opportunity first, it will be very cool

If they get into the market before them and grab these opportunities then it will automatically double the application population over night and Paypie can eliminate most of their competitors.
full member
Activity: 490
Merit: 104
I just heard that some old-school insurance companies that teamed up in B3i (Blockchain Insurance Industry Initiative) are going to roll out a blockchain technology beta for credit risk management.

http://www.insurancebusinessmag.com/us/news/breaking-news/insurance-giants-join-forces-as-blockchain-prototype-debuts-78510.aspx
good news! This once again confirms the relevance of this sphere, If the PAYPIE will realizes this opportunity first, it will be very cool
full member
Activity: 574
Merit: 115
I just heard that some old-school insurance companies that teamed up in B3i (Blockchain Insurance Industry Initiative) are going to roll out a blockchain technology beta for credit risk management.

http://www.insurancebusinessmag.com/us/news/breaking-news/insurance-giants-join-forces-as-blockchain-prototype-debuts-78510.aspx

Which means they are a direct competitor?

I am not sure about it's a direct competitor cause one of then is accounting based the other one ise insurance. But if it's, that's not a bad thing.

Market is already very big for just one company and competiton cause companies to perform better.


Some insurance companies have broadened their horizon with loans, mortgages and pension funds. In the following quote from the article you can see they are already looking into trading risks, which is getting close to PayPie's territory, no?

The short-term focus is on handling reinsurance contracts, while the group’s wider goal of exploring blockchain potential is “to build an efficient world-wide industry platform for market participants to more easily cede, handle, and trade risks.”
full member
Activity: 588
Merit: 100
I just heard that some old-school insurance companies that teamed up in B3i (Blockchain Insurance Industry Initiative) are going to roll out a blockchain technology beta for credit risk management.

http://www.insurancebusinessmag.com/us/news/breaking-news/insurance-giants-join-forces-as-blockchain-prototype-debuts-78510.aspx

Which means they are a direct competitor?

I am not sure about it's a direct competitor cause one of then is accounting based the other one ise insurance. But if it's, that's not a bad thing.

Market is already very big for just one company and competiton cause companies to perform better.

Not exactly. Traditional companies need much more time to achive something. They are obsolete and old minded so they won't be able to compete with Paypie soon

Very valid point made by Heimer. They always have to cope with their old infrastructure first to then implement new infrastructure. Not a problem that Paypie will have to deal with.

The good news here is that if these companies want to enter the market, it means that the idea is solid. they wouldn't put their money in if they weren't certain. luckily paypie is first to market.
full member
Activity: 490
Merit: 100
I just heard that some old-school insurance companies that teamed up in B3i (Blockchain Insurance Industry Initiative) are going to roll out a blockchain technology beta for credit risk management.

http://www.insurancebusinessmag.com/us/news/breaking-news/insurance-giants-join-forces-as-blockchain-prototype-debuts-78510.aspx

Which means they are a direct competitor?

I am not sure about it's a direct competitor cause one of then is accounting based the other one ise insurance. But if it's, that's not a bad thing.

Market is already very big for just one company and competiton cause companies to perform better.

Not exactly. Traditional companies need much more time to achive something. They are obsolete and old minded so they won't be able to compete with Paypie soon

Very valid point made by Heimer. They always have to cope with their old infrastructure first to then implement new infrastructure. Not a problem that Paypie will have to deal with.
And thats how google has beaten yahoo in mailing business. Im sorry, no offense, but i wont be closed-minded.
hero member
Activity: 955
Merit: 500
I just heard that some old-school insurance companies that teamed up in B3i (Blockchain Insurance Industry Initiative) are going to roll out a blockchain technology beta for credit risk management.

http://www.insurancebusinessmag.com/us/news/breaking-news/insurance-giants-join-forces-as-blockchain-prototype-debuts-78510.aspx

Which means they are a direct competitor?

I am not sure about it's a direct competitor cause one of then is accounting based the other one ise insurance. But if it's, that's not a bad thing.

Market is already very big for just one company and competiton cause companies to perform better.

Not exactly. Traditional companies need much more time to achive something. They are obsolete and old minded so they won't be able to compete with Paypie soon

Very valid point made by Heimer. They always have to cope with their old infrastructure first to then implement new infrastructure. Not a problem that Paypie will have to deal with.
full member
Activity: 490
Merit: 100
I just heard that some old-school insurance companies that teamed up in B3i (Blockchain Insurance Industry Initiative) are going to roll out a blockchain technology beta for credit risk management.

http://www.insurancebusinessmag.com/us/news/breaking-news/insurance-giants-join-forces-as-blockchain-prototype-debuts-78510.aspx

Which means they are a direct competitor?

I am not sure about it's a direct competitor cause one of then is accounting based the other one ise insurance. But if it's, that's not a bad thing.

Market is already very big for just one company and competiton cause companies to perform better.

Not exactly. Traditional companies need much more time to achive something. They are obsolete and old minded so they won't be able to compete with Paypie soon
I dont think so, they are a big team. But its true that competition will make the competitors push and motivate each other.
sr. member
Activity: 518
Merit: 250
I just heard that some old-school insurance companies that teamed up in B3i (Blockchain Insurance Industry Initiative) are going to roll out a blockchain technology beta for credit risk management.

http://www.insurancebusinessmag.com/us/news/breaking-news/insurance-giants-join-forces-as-blockchain-prototype-debuts-78510.aspx

Which means they are a direct competitor?

I am not sure about it's a direct competitor cause one of then is accounting based the other one ise insurance. But if it's, that's not a bad thing.

Market is already very big for just one company and competiton cause companies to perform better.

Not exactly. Traditional companies need much more time to achive something. They are obsolete and old minded so they won't be able to compete with Paypie soon
sr. member
Activity: 980
Merit: 276
$CYBERCASH METAVERSE
I just heard that some old-school insurance companies that teamed up in B3i (Blockchain Insurance Industry Initiative) are going to roll out a blockchain technology beta for credit risk management.

http://www.insurancebusinessmag.com/us/news/breaking-news/insurance-giants-join-forces-as-blockchain-prototype-debuts-78510.aspx

Which means they are a direct competitor?

I am not sure about it's a direct competitor cause one of then is accounting based the other one ise insurance. But if it's, that's not a bad thing.

Market is already very big for just one company and competiton cause companies to perform better.
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