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Topic: [ANN] PayPie - Blockchain-Powered Risk Assessment - page 232. (Read 109500 times)

member
Activity: 135
Merit: 11
There are any competitors in sight?
hero member
Activity: 784
Merit: 1416
as an investor what kind of return can i hope to achieve? any projection about the growing of the token value ?
full member
Activity: 574
Merit: 115
It is precisely for such areas of activity that the blockchain is most needed. Project is necessary and relevant

I haven't seen any projects like this on the blockchain. If this is first to market, then it will have a real competitive advantage.

Which is funny, because every time newspapers and mainstream TV try to explain Bitcoin and Ethereum, they talk about ledgers. So you'd think the first application of blockchain technology that springs to mind would be... accounting.
full member
Activity: 182
Merit: 100
PAYPIE could be a good infrastructure to help the companies to be more secure, safe and transparent. Moreover it could be a good tool to prevent fraud.
sr. member
Activity: 798
Merit: 262
In many scenarios companies have to prove the viability and legality of their account , register ect.... And it's not always easy to prove all these kind if things but with an infrastructure like PAYPIE it will can become easier.

Agree with you on that but the reliability of the algorithm is still questionable.
They should give some demo of the platform showing it's reliability.
full member
Activity: 168
Merit: 100
In many scenarios companies have to prove the viability and legality of their account , register ect.... And it's not always easy to prove all these kind if things but with an infrastructure like PAYPIE it will can become easier.
sr. member
Activity: 554
Merit: 251
So...

How do they get all the data, or accounting information? That they are providing?
I've got a missing link, I can't understand how this thing works.  

Thanks

/Also what is achieved by the purchase of invoices?
sr. member
Activity: 630
Merit: 276
I did a VERY detailed 3 part ICO review series on PayPie. Check it out on my youtube channel! ALSO:

Tomorrow at 1 PM PDT, 8 PM GMT I will be having a LIVE youtube Q&A, crypto talk, hangout etc etc.

Talking all things PPT, PPP, Rialto, current price trends etc.

Hope you all can make it  Grin Grin

https://www.youtube.com/c/BTCBusinessconsult

Thats great to hear.
This session would clear a lot of things out. Great work devs.

Also nice to see some faces behind this project.
Keep it up
full member
Activity: 588
Merit: 100
It is precisely for such areas of activity that the blockchain is most needed. Project is necessary and relevant

I haven't seen any projects like this on the blockchain. If this is first to market, then it will have a real competitive advantage.
legendary
Activity: 1162
Merit: 1011
I did a VERY detailed 3 part ICO review series on PayPie. Check it out on my youtube channel! ALSO:

Tomorrow at 1 PM PDT, 8 PM GMT I will be having a LIVE youtube Q&A, crypto talk, hangout etc etc.

Talking all things PPT, PPP, Rialto, current price trends etc.

Hope you all can make it  Grin Grin

https://www.youtube.com/c/BTCBusinessconsult

thanks for the video man, very informative and helpful.

I will join the hangout later today and will bring in some additional questions

sr. member
Activity: 1134
Merit: 279
My blockchain can beat up your blockchain
This is going to totally disrupt the current way business is being handled in the lending space. I've heard that the clerical errors In this sector are costing banks and companies several million every year.

"Does your business suck? Blockchain it!!" ~ Chris Butler
sr. member
Activity: 798
Merit: 262
What's the reliability of risk score algorithm? Is it properly tested and matured? Because one wrong calculation could cost an innocent person a good amount of deals.

Usually these kind of algo get tested indeed for a long span of time. After that you have enought data so that can selectively exclude valid data from invalid just by looking at patterns

Indeed they are and they should be.
But, it's not clear from anywhere that if it is tested for long enough and if they have enough data.
sr. member
Activity: 350
Merit: 250
I did a VERY detailed 3 part ICO review series on PayPie. Check it out on my youtube channel! ALSO:

Tomorrow at 1 PM PDT, 8 PM GMT I will be having a LIVE youtube Q&A, crypto talk, hangout etc etc.

Talking all things PPT, PPP, Rialto, current price trends etc.

Hope you all can make it  Grin Grin

https://www.youtube.com/c/BTCBusinessconsult

WoW, man, the videos were awesome, especially part 3, where you estimate how much revenue you can get if you invest in paypie, indeed this is a profitable project to invest, I would recommend tha all of you check this upcoming ICO, that covers a niche, that while small, is very important, and will be in demand a lot from companies and businesses, thanks for the videos, they were very informative Cheesy.
hero member
Activity: 784
Merit: 1416
What's the reliability of risk score algorithm? Is it properly tested and matured? Because one wrong calculation could cost an innocent person a good amount of deals.

Usually these kind of algo get tested indeed for a long span of time. After that you have enought data so that can selectively exclude valid data from invalid just by looking at patterns
sr. member
Activity: 546
Merit: 250
Active Trading on EPIC5k and Spectre.Ai
I did a VERY detailed 3 part ICO review series on PayPie. Check it out on my youtube channel! ALSO:

Tomorrow at 1 PM PDT, 8 PM GMT I will be having a LIVE youtube Q&A, crypto talk, hangout etc etc.

Talking all things PPT, PPP, Rialto, current price trends etc.

Hope you all can make it  Grin Grin

https://www.youtube.com/c/BTCBusinessconsult
sr. member
Activity: 798
Merit: 262
What's the reliability of risk score algorithm? Is it properly tested and matured? Because one wrong calculation could cost an innocent person a good amount of deals.
sr. member
Activity: 1372
Merit: 259
Hm.. I just think, and they really may have a huge perspective. A lot of companies can using their platform: insuranse, real-estate, banking etc. Right?  Shocked
full member
Activity: 532
Merit: 102

What is special about this project? If the prospect is good I want to join and invest in this project

Quote
PayPie is creating the first decentralized accounting platform for businesses that will provide real-time
insight into financial data to achieve 100% accuracy for a credit risk algorithm. This analysis will be
conducted using a single ledger approach and will consider businesses’ all-time historical financial data to
safeguard and transform the way credit risk is assessed by lenders, investors, banks and other financial
institutions while building an entire blockchain-backed accounting ecosystem.
Quote
... PayPie will enable live financial audit, end duplicate tasks, speed up
credit approvals, and improve the overall credit scoring process by disrupting business accounting
landscape.

One of the core parts of PayPie is its marketplace, which is a comprehensive space for SMEs, buyers, lenders, and investors to offer and find financial opportunities secured by PayPie’s unique risk score algorithm. PayPie's value proposition also includes the: PayPie Pool  which will enable top scoring SMEs to gain immediate access to liquidity by selling their invoices to the platform; Independent Risk and Valuation Services; and a Decentralized Accounting System

You can learn more about the project in the whitepaper here: https://www.paypie.com/Content/files/PayPie-Whitepaper.pdf
full member
Activity: 532
Merit: 102
What advantages and opportunities will be available in the insurance industry? Insurers will be able to sell insurance products to businesses and entrepreneurs?

PayPie will have applications in the insurance industry. Many insurance companies in North America ask for the proof of income, order size, source of income etc.

Really? Insuranse indystry has trillion of dollars. Its very perspective niche. I have one insuranse tokens. May be they can ,ake some parthership with insurance project?

What advantages and opportunities will be available in the insurance industry? Insurers will be able to sell insurance products to businesses and entrepreneurs?

PayPie will have applications in the insurance industry. Many insurance companies in North America ask for the proof of income, order size, source of income etc.
but the question is will they use Paypie?If they do,paypai will get lots of boost

With the accurate real-time insight into financial data that PayPie will provide, I'm quite sure that the insurance industry will use this platform and take advantage of the technology. One of PayPie's major value propositions is providing Independent Risk and Valuation Services

Quote
An ecosystem with real-time data offered to the market brings the most value to the platform. We are
building better foundations for financial infrastructures by allowing real-time comprehensive audits, with
real time risk metrics and sensitivity analyses. We enable movement of compliance into smart contracts
rather than a headcount of compliance officers in businesses so cost reduction will be potentially
enormous.
sr. member
Activity: 1372
Merit: 259
What advantages and opportunities will be available in the insurance industry? Insurers will be able to sell insurance products to businesses and entrepreneurs?

PayPie will have applications in the insurance industry. Many insurance companies in North America ask for the proof of income, order size, source of income etc.

Really? Insuranse indystry has trillion of dollars. Its very perspective niche. I have one insuranse tokens. May be they can ,ake some parthership with insurance project?
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