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Topic: [ANN] PayPie - Blockchain-Powered Risk Assessment - page 215. (Read 109500 times)

sr. member
Activity: 897
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There slackpie software has thousands of existing clients and they will aggresivly market paypie to them.Cool idea.I think Paypie going to be bigger than Populous
full member
Activity: 490
Merit: 100
Hi dev! Can you explain why you chose to make a blockchain solution for Credit risk score?

What do you think about general ledger and it's journals? Is your platform be able to solve those pains in there?
I'm not a developer,  or affiliated with the project, but the reason for the use of the ethereum blockchain, is because of it's transparency, fungibilty. The blockchain makes audits and other accountability  processes  easier, and makes it decentralized. The speed alone is another reason.
Correct, operation of the PayPie blockchain Accounting platform to bring ultimate trust and transparency to the financial markets
sr. member
Activity: 1150
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☆Gaget-Pack☆
in view of public significance of accounting and reporting standards, their wide recognition is necessary!
based, first of all, on the trust in them and the conviction of their adequacy and quality. PAYPIE tackled this issue, the project will be successful unambiguously
Exactly brother, the current method of accounting is very slow, outdated, and not transparent enough. With Paypie, it will be much harder to cook the books, cheating people over, which is why they mentioned Enron, as a reference (not to beat a dead horse). This here is a game changer.
full member
Activity: 490
Merit: 104
in view of public significance of accounting and reporting standards, their wide recognition is necessary!
based, first of all, on the trust in them and the conviction of their adequacy and quality. PAYPIE tackled this issue, the project will be successful unambiguously
sr. member
Activity: 1150
Merit: 260
☆Gaget-Pack☆
Hi dev! Can you explain why you chose to make a blockchain solution for Credit risk score?

What do you think about general ledger and it's journals? Is your platform be able to solve those pains in there?
I'm not a developer,  or affiliated with the project, but the reason for the use of the ethereum blockchain, is because of it's transparency, fungibilty. The blockchain makes audits and other accountability  processes  easier, and makes it decentralized. The speed alone is another reason.
hero member
Activity: 1330
Merit: 502
Vave.com - Crypto Casino
[quote ajavascript:void(0);uthor=toolucky98 link=topic=2061671.msg21515106#msg21515106 date=1504559781]
Page 10 of the whitepaper:

All internal payments will be managed using ERC20 compatible stable “Pie Coins” that are exchangeable for fiat and pegged 1:1 against major currencies to avoid exposure to fluctuations in the prices of cryptocurrencies.

How does that pegging work? Are the Pie Coins backed by fiat? Is there a reserve fund that stabilizes the Pie Coin?

I just read through page 10 of the whitepaper and can't seem to find this statement.
Its pie coin, wrong thread  Undecided
[/quote]
 Cheesy is there any other pie coin too?Yes page 10 of paypie has Conclusion chapter
hero member
Activity: 2212
Merit: 805
Top Crypto Casino


Paypie is leveraging Blockchain technology to create a marketplace. PayPie’s marketplace is designed to facilitate fraud-proof opportunities.

Learn More: https://paypie.com
full member
Activity: 490
Merit: 100
Page 10 of the whitepaper:

All internal payments will be managed using ERC20 compatible stable “Pie Coins” that are exchangeable for fiat and pegged 1:1 against major currencies to avoid exposure to fluctuations in the prices of cryptocurrencies.

How does that pegging work? Are the Pie Coins backed by fiat? Is there a reserve fund that stabilizes the Pie Coin?

I just read through page 10 of the whitepaper and can't seem to find this statement.
Its pie coin, wrong thread  Undecided
full member
Activity: 448
Merit: 107
That is the power of paypie. They not only provide a solution for bug compagnies. If a small compagny, with just 2 people for exemple, they would easily use the slickpie system to analysis their risk, build up a plan for their ico and understand more what they can do to manage the risk. And big compagnies can do the same thing, and all of that improve the data of the algorithm, and will afford a better risk analysis each time we use it. PAYPIE will be used by a very different people, for very different project, very nice !
full member
Activity: 532
Merit: 102
Page 10 of the whitepaper:

All internal payments will be managed using ERC20 compatible stable “Pie Coins” that are exchangeable for fiat and pegged 1:1 against major currencies to avoid exposure to fluctuations in the prices of cryptocurrencies.

How does that pegging work? Are the Pie Coins backed by fiat? Is there a reserve fund that stabilizes the Pie Coin?

I just read through page 10 of the whitepaper and can't seem to find this statement.
full member
Activity: 532
Merit: 102
As i understand the revenue model of Paypie, you guys will sell quality audited financial health information to big companies who need this information. On the website i could not find any information if you guys are already working on client acquisition. In the youtube video you mention insurance companies, for example. Have you guys started pitching the product already to have these type of clients ready once the product is ready? I can imagine it is hard to get a foot in the door at some of these big companies and starting early will pay off.
PayPie will not only be providing credit risk data to big corporations , but also to individual investors who will be part of the PayPie pool.
PayPie's core accounting is based on the double entry accounting solution SlickPie. PayPie will aggressively promote benefits of blockchain to SlickPie customers and they might be the first one to take advantage of the easy and seamless lending process.
full member
Activity: 182
Merit: 100
Hello Friends
Check out this really cool video that draws the comparisons between PayPie and Populous and does a comprehensive overview of the project. Please share your thoughts


https://youtu.be/DEE_-8Fxpj8

Interesting part is from 6:35 where he is comparing with Populous and continuing with some clear use cases for PayPie.
full member
Activity: 574
Merit: 115
Page 10 of the whitepaper:

All internal payments will be managed using ERC20 compatible stable “Pie Coins” that are exchangeable for fiat and pegged 1:1 against major currencies to avoid exposure to fluctuations in the prices of cryptocurrencies.

How does that pegging work? Are the Pie Coins backed by fiat? Is there a reserve fund that stabilizes the Pie Coin?
full member
Activity: 364
Merit: 100
Hi dev! Can you explain why you chose to make a blockchain solution for Credit risk score?

What do you think about general ledger and it's journals? Is your platform be able to solve those pains in there?
full member
Activity: 210
Merit: 105
As i understand the revenue model of Paypie, you guys will sell quality audited financial health information to big companies who need this information. On the website i could not find any information if you guys are already working on client acquisition. In the youtube video you mention insurance companies, for example. Have you guys started pitching the product already to have these type of clients ready once the product is ready? I can imagine it is hard to get a foot in the door at some of these big companies and starting early will pay off.
full member
Activity: 532
Merit: 102
Hello Friends
Check out this really cool video that draws the comparisons between PayPie and Populous and does a comprehensive overview of the project. Please share your thoughts


https://youtu.be/DEE_-8Fxpj8
sr. member
Activity: 518
Merit: 250
China banned chinese to raise funds with ico, but they can invest to icos, outside of china.

So i believe chinese will look for good icos out of china and paypie will definetly interest them. Soft cap is easily will pass and i believe we will hit hard cap in a short time after icos start.

Yes, that ICO ban offers project like this new opportunities in the Chinese market. But what they need now to get into this market is atleast Chinese translation for all the important things. Is that already done?
Yes our ANN and Whitepaper both are available in Chinese also.You can check ANN chinese version Here and hers is our ChineseWhitepaper

There isn't much activity on there. Do you have other channels where you can communicate with Chinese investors? Try to make the best of this, as I can imagine they are confused which ICOs are allowed to invest in and which ones are not. If you can get the word out PayPie is safe for them, that could attract a lot of Yuan looking for a new home.

Maybe with some advertisement and paid articles in chinese websites can create good publicity. I believe lots of chinese whales looking for good icos to invest right now, and if we make them aware of this great project, they will definetly make a huge contribution.

You can forget about chinese websites and chinese whales, they can't join ICOs anymore. Maybe they'll find a way trough TOR and if only ICOs will adopt anon coins like zcash, monero, verge, nav etc....or wait ICOs on Ark, which will eventually smartbridge anon blockchains

I  think this is only a first step towards introducing stricter regulations to carrying out and investing in ICOs.

That's for sure their first step, but thing about it for a second. Maybe in the future projects like Paypie can help to solve this issues and provide accounting solutions to ICO indystry thus fighting against money laundering  Wink
full member
Activity: 616
Merit: 145
🚀🚀 ATHERO.IO 🚀🚀
I'm glad you guys made this video:
https://www.youtube.com/watch?v=2ZVWIb6UOjQ

This will help a lot of people understand this project including me Smiley.
Its really a very nice platform.

Great work devs!
yes the platform is great,the video help all us a lot,chinese wales are out but there are a lot of other whales out there...

Finally I can understand this platform better, nice and simple video, thx! Regarding china whales, how can they stop them? It's not like there's no way to stay full anonymous with coins. Imo we will see ICOs accepting anon coins in the near future (zcash, monero, verge, nav etc....), also eventually eth and etc will implement zk-SNARKs and nav will implement anon smart contracts
full member
Activity: 588
Merit: 100
I would suggest to create a simple infographic where you describe the 1. solution and business offering 2. Investor proposal e.g. how we will benefit from holding tokens. Great Project idea!



Technical papers, infographics and blog posts that explain a lot about the platform in a simplified manner, including examples will be published in due course.

Great. I would advise to expedite the matters. After reading the previous posts in this thread it seems alot of ppl have quite some difficulties with the wp. Keep up the good work and thanks for fast reply!

That's the problem with highly technical projects like this one. accounting isn't easily understandable for the average joe, though most understand it's importance.
hero member
Activity: 2968
Merit: 605
I'm glad you guys made this video:
https://www.youtube.com/watch?v=2ZVWIb6UOjQ

This will help a lot of people understand this project including me Smiley.
Its really a very nice platform.

Great work devs!
yes the platform is great,the video help all us a lot,chinese wales are out but there are a lot of other whales out there...
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