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Topic: [ANN] PayPie - Blockchain-Powered Risk Assessment - page 220. (Read 109500 times)

hero member
Activity: 924
Merit: 520
So is this truly decentralized? Everybody in the world can get a credit according to their score, or is it focusing on a specific land? Indeed an interesting project!
PAYPIE's platform is truly decentralized as it resides on the blockchain. Not everybody gets to access the credit rating of individual companies as it depends per end user of PAYPIE;s marketplace.
hero member
Activity: 2968
Merit: 605
i think there is no similar ico/project so for now this project have no competitors,i see in first page that it will be possible make investments only with ethereum i appreciate this...
hero member
Activity: 955
Merit: 500
How will this project actually get off the ground? You are targeting the SME space, but the SME space isn't actually the space that is most eager to adopt blockchain technology. If you want to provide a 100% accurate risk assessment, you need a 100% transparent picture of the company. And therefore you need 100% of all assets and liabilities being accessible for you. And therefore you need a double layer accounting system with a data feed infrastructure between the double entry and the triple entry layer. And that again is adding complexity in the first place, which many of those companies will not want. Are you actually targeting companies that are about to be newly incepted or established companies that you want to get to transfer their double entry data into triple entry accounting infrastructure?
You might actually be surprised that a lot of SME will appreciate this service. As I aforementioned, if this service becomes the norm, it will break down barriers and encourage universal lending. So a SME in South Africa might not be able to apply for a loan with a bank in Australia. Because the bank has no way to prove their credit worthiness, with Paypie, the bank can easily verify their assets and liabilities. Thus enabling a process that was priorly deemed impossible.
As for does complaining about companies with shady paperwork, well Paypie is not meant for them and honestly, those shady companies shouldn't get funds that could be allocated to another company operating in an honest fashion

But that does not fully answer my question. How are you making sure that all assets and liabilities are correctly captured on the blockchain in order to reliably assess credit worthiness? Does that only work for companies that start their business more or less newly and completely on the blockchain?
hero member
Activity: 686
Merit: 500
is ICO or pre-ICO price announce?
full member
Activity: 294
Merit: 100
They have any competitors right now? Or this niche still free? TaaS is a competitor or no?

I haven't seen any competitors of paypie in crypto world. Taas is a bit different and they are working with only crypo companies, Paypie will be on everywhere. They will work with companies not only in crypto world.

There is Fizcal. It's a project which plan to integrate triple entry accounting via the blockchain in a software too.

But Paypie have major arguments like the credit risk assessment, which is very interesting.
hero member
Activity: 686
Merit: 500
are you going to have white listing fo ICO? looks like trend now a days. 
hero member
Activity: 2212
Merit: 805
Top Crypto Casino
They have any competitors right now? Or this niche still free? TaaS is a competitor or no?

I haven't seen any competitors of paypie in crypto world. Taas is a bit different and they are working with only crypo companies, Paypie will be on everywhere. They will work with companies not only in crypto world.

This is nice in this way. If they dont have competitors, they have more chances for succes  Roll Eyes

Not necessarily. Having competitors is good, it means you're idea has been tested and found to be successful. You don't always wanna be first to market, 'cause that means doing all the due diligence for project success.

I agree. Having Competitors is healthy as it creates room for more improvement in either of the competitors who is performing badly. On a lighter note though, Paypie is the first accounting platform on a distributed ledger(Blockchain) and at such, It has the first mover advantage in this regard.
full member
Activity: 588
Merit: 100
They have any competitors right now? Or this niche still free? TaaS is a competitor or no?

I haven't seen any competitors of paypie in crypto world. Taas is a bit different and they are working with only crypo companies, Paypie will be on everywhere. They will work with companies not only in crypto world.

This is nice in this way. If they dont have competitors, they have more chances for succes  Roll Eyes

Not necessarily. Having competitors is good, it means you're idea has been tested and found to be successful. You don't always wanna be first to market, 'cause that means doing all the due diligence for project success.
sr. member
Activity: 1372
Merit: 259
So is this truly decentralized? Everybody in the world can get a credit according to their score, or is it focusing on a specific land? Indeed an interesting project!

of course, Almost all crypto is decentralized (exept Ripple and may be some other)
full member
Activity: 196
Merit: 100
So is this truly decentralized? Everybody in the world can get a credit according to their score, or is it focusing on a specific land? Indeed an interesting project!
sr. member
Activity: 1372
Merit: 259
They have any competitors right now? Or this niche still free? TaaS is a competitor or no?
never heard of it before, i will check it

This trading on the exchanges already. ANd price too hight (4$). But Im not sure about their product.

On which exchange is this ? Where's it mentioned about the $4 price?

On hitbtc and may be some other. I seen price on coinmarket. But this is off topic, mate. I only asked about competitors. I looking something new project and idea, so if this project dont have competitors, its interesting for me  Roll Eyes
full member
Activity: 574
Merit: 115
Populous was $5 when I bought it in exchange. Paypie is relevant to all business. I hope paypie will not be less than $10 when it hits exchange.
I am waiting for ico to buy with bonus Smiley

Yeah it could be possible but, I'm afraid that it's too technical for most of the people to understand.

Then the PayPie team needs to put some marketers on the job to explain the benefits to their target audience, the small/medium entrepreneurs as end-users instead of investors of a tech company, without too much technical jargon. Just focus on the requirements, workflow, price and results. When you buy a car you don't necessarily need to know the chemistry and physics involved in the combustion of fuels either.
sr. member
Activity: 375
Merit: 250
I have a question about your projiects:
where u get the dates of credit cars ? many dates is not open to person in many country!
sr. member
Activity: 798
Merit: 262
Populous was $5 when I bought it in exchange. Paypie is relevant to all business. I hope paypie will not be less than $10 when it hits exchange.
I am waiting for ico to buy with bonus Smiley

Yeah it could be possible but, I'm afraid that it's too technical for most of the people to understand.
sr. member
Activity: 518
Merit: 250
Looks like a very interesting new project, i will look at this in the next time Wink

regards
Yes they are the experts in accounting business and it is good to see they now are integrated accounting with business.

Don't hesitate with investing my friend. Take your time, do your research and don't miss out PayPie ICO Smiley
hero member
Activity: 518
Merit: 500
Looks like a very interesting new project, i will look at this in the next time Wink

regards
Yes they are the experts in accounting business and it is good to see they now are integrated accounting with business.
legendary
Activity: 3976
Merit: 2639
Looks like a very interesting new project, i will look at this in the next time Wink

regards
sr. member
Activity: 350
Merit: 250
Populous was $5 when I bought it in exchange. Paypie is relevant to all business. I hope paypie will not be less than $10 when it hits exchange.
I am waiting for ico to buy with bonus Smiley
legendary
Activity: 2688
Merit: 1026
Hire me for Bounty Management
They have any competitors right now? Or this niche still free? TaaS is a competitor or no?
never heard of it before, i will check it

This trading on the exchanges already. ANd price too hight (4$). But Im not sure about their product.
I haven't seen any competitors of paypie in crypto world. Taas is a bit different and they are working with only crypo companies, Paypie will be on everywhere. They will work with companies not only in crypto world.
Its true, based on the abstract on their whitepaper, its about blockchain market and trading cryptocurrencies, and paypie isnt only for crypto world.

Still trying to get a full understanding of your project.

In your whitepaper you stated:
"PayPie pool will buy that invoice from you at a discount & then wait for Nike to pay the original sum to the pool. This allows you to make payroll, purchase new materials, hire new people & grow faster."

In other words the PayPie pool will just buy something like 'certificate of indebtedness' just on a level before. How much will the discount be to buy this? And will there be a variable of percentage for the discount, up to what rating the company has on the platform?



I already asked this question as well, but no answer so far. Would be good to know as this is one way to use your PPP token and make profit.
Lets wait for dev answer, be patient for a while.
Hello there, I will request some of our team member to reply to your questions here.You can also join us on Slack and pose your all questioms directly to our core team members Smiley
We are looking forward to some good discussion
sr. member
Activity: 518
Merit: 250


Paypie is disrupting the current Accounting workflows by organizing data inputs on a Distributed Ledger — While Improving Transparency in financial records

Learn More: https://paypie.com

 



Nice, it is something definitely worth to read. Anyway I can't wait to start this ICO, it looks like it's gonna be sold within minutes
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