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Author Topic: [ANN] PayPie - Blockchain-Powered Risk Assessment  (Read 109504 times)
FIEX
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August 31, 2017, 08:46:17 AM
 #261

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
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Pajulapoiss
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August 31, 2017, 09:09:33 AM
 #262

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?

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wonderfullife
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August 31, 2017, 09:45:54 AM
 #263

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.
pynetx
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August 31, 2017, 10:16:05 AM
 #264

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.
windreamteam
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August 31, 2017, 10:18:57 AM
 #265

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.
Rigorous
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August 31, 2017, 10:27:59 AM
 #266

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.
Piggy
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August 31, 2017, 11:44:54 AM
 #267

as an investor what kind of return can i hope to achieve? any projection about the growing of the token value ?
Sindbad
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August 31, 2017, 12:00:40 PM
 #268

There are any competitors in sight?
abigdump
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August 31, 2017, 12:08:58 PM
 #269

Imagine if paypie is used buy just one multinational corparation. I think the only problem would be if this was not copyrighted or open source so anyone could just steal the idea
Frickeladm
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August 31, 2017, 12:20:17 PM
 #270

Im not sure if there is a need for another risk management system unless you guys are considering more than just the pure numbers of a person. But i think this would be too much effort for an automated system, to invite someone, have a talk with him. See if hes really a risk or was just several times in his life at the wrong place to the wrong time.
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August 31, 2017, 12:34:19 PM
 #271

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.

Administrative workers like accountants and bookkeepers are not going to be happy when a good deal of them are replaced by blockchain tech.

The global tax offices on the other hand just get an easier job with blockchain accounting. They don't even need to connect the dots anymore. Think about all those expensive, delicate IT systems they have to use now to combine shards of information. Think about the salaries to pay the IT contractors who build and maintain those systems.

I could see PayPie branching out to tax offices in the future, unless they are beaten to it by another blockchain company.
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August 31, 2017, 12:35:21 PM
 #272

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.

Status and several other ICO'S millions without a working prototype. Been 50% complete is ahead on the game in this space. It would be ideal to have a demo for the public but in the crypto world, things operate a bit differently.

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August 31, 2017, 12:47:24 PM
 #273

There are any competitors in sight?

the main competitor is just the old accounting system way of doing thins
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August 31, 2017, 01:02:11 PM
 #274

where the data from for u algorithm?
how to grantee the effective of your platform?
adam1230
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August 31, 2017, 01:04:46 PM
 #275

this project is just a start to show where blockchain technology is going.
Wonderfull idea and great team. Will invest in ICO
World is changing and its just a begining all started with blockchain.
niklasmato
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August 31, 2017, 01:26:59 PM
 #276

We see a lot of blockchain applications and ico's lately.
Most of these ICO's should not be in a blockchain but PAYPIE has a system where a blockchain is needed to make sure that all the data is valid and secure.
viljy
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August 31, 2017, 01:41:50 PM
 #277

Judging by such a huge whitepaper developers carefully worked through all aspects of their project. Well, I did not penetrate deeply, but in general the idea is clear to me. I think this will be in demand, therefore, a promising project.
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August 31, 2017, 01:50:38 PM
 #278

this project is just a start to show where blockchain technology is going.
Wonderfull idea and great team. Will invest in ICO
World is changing and its just a begining all started with blockchain.

I agree with you. PAYPIE's platform and its application shows the infinite value and power of blockchain technology which could be utilized efficiently and effectively as an immutable accounting ledger that provides quality data for interested parties.
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August 31, 2017, 02:05:05 PM
 #279

as an investor what kind of return can i hope to achieve? any projection about the growing of the token value ?

Here you find the 3rd part of a review, focussing on the possible returns


https://www.youtube.com/watch?v=i2Z40DCK2Is

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August 31, 2017, 02:16:01 PM
 #280

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.

It's still early days isn't it? I doubt they can succeed without all of the above implemented so let's just wait and see.

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