[ANN] PayPie - Blockchain-Powered Risk Assessment

[ParRus]

Project seems more promising each day when I read this thread understanding more and more by the q&a  

[pynetx]

Project seems more promising each day when I read this thread understanding more and more by the q&a  

It is one of the best project on the blockchain technology right now with no competition at all.
Team is really experienced in their respective domains.

[toolucky98]

Project seems more promising each day when I read this thread understanding more and more by the q&a  

It is one of the best project on the blockchain technology right now with no competition at all.
Team is really experienced in their respective domains.

Sir, with blockchain existence, there will be many combinations and improvisation that can be done.
Be the first one and then you can dominate the market or your niche, and thats a good thing about this project.

[Jay2408]

Project seems more promising each day when I read this thread understanding more and more by the q&a  

It is one of the best project on the blockchain technology right now with no competition at all.
Team is really experienced in their respective domains.

Yes, that's what I also think. Paypie isn't just a project with a nice-to-have product but accounting is sth that has to be done by each and every company, no matter how small. Smart investors will acknowledge this huge potential of paypie platform with transparent, reliable and real-time data.  And with this hack of Equifax it becomes even more evident that Paypie is on the right track.

[kraterion]

What was your thinking process to choose ERC20 standard? Why not ERC223 on ETC chain for example which is more secure (https://github.com/ethereum/EIPs/issues/223) ?

[Trrrt]

Yes paypie is the first project with a real accounting application with blockchain. They will create the market for paypie that pretty cool, the platform will be adopted by a lot of compagnies and paypie will have a lot of application. The value will be enourmous. Im impatient to see the platform work, with real time data and all others features. Paypie is really disruptive.

[Korsakopf]

Companies are often confronted with what might be called the biggest obsession of the dirrigigants: the late payment of customers. this is the major problem of the companies and as the banks do not have an updated visu of the finances, the companies refuse to lend their money, which can have disastrous consequences for the balance sheet of the companies. Thanks to paypie now there is a limpidity in the accounts of the companies and the banks are assured that the accounts are not hacked and can lend money in case of delayed payment.

I agree that the services offered by PayPie can be incredibly valuable. What i'd like to see more is big companies who maybe already expressed interest in using the platform, or PayPie already marketing their platform to potential clients. Especially the big companies can be hard to convince to use a new system so starting early with this will be a key to adoption and success. 

I saw a mention of them going to an event, i hope they will do a lot of networking and be able to make some announcements.

[CoinCollector006]

well, now i think that this will rock even more

https://www.bloomberg.com/news/articles/2017-09-08/equifax-hack-exposes-peril-of-credit-bureau-model-quicktake-q-a

credit bureau equifax got hacked and just read the news, this is maybe the worst identity hack in the history. not only that they got names, social number, credit card accounts, they also got like everything possible on your credit life, trough the hack.

i dont want to think, how much work will be needed to correct this again, but with paypie it shouldnt be a problem

Agreed, the Equifax hack / intellectual property thefts  a terrible development for consumers, but likely a positive for Paypie. I myself am concerned about identity theft given I have used Equifax in the past. Nonetheless this highlights the need for an alternative to the existing antiquated credit bureaus system and FICO oligopoly. Companies like Paypie should be poised to disrupt this cozy racket as blockchain has done for other industries like security trading, remittances, land titles and storage of value.

Has Paypie made an official statement regarding the hack and how their systems provide an alternative to the status quo?

[Piggy]

Companies are often confronted with what might be called the biggest obsession of the dirrigigants: the late payment of customers. this is the major problem of the companies and as the banks do not have an updated visu of the finances, the companies refuse to lend their money, which can have disastrous consequences for the balance sheet of the companies. Thanks to paypie now there is a limpidity in the accounts of the companies and the banks are assured that the accounts are not hacked and can lend money in case of delayed payment.

I agree that the services offered by PayPie can be incredibly valuable. What i'd like to see more is big companies who maybe already expressed interest in using the platform, or PayPie already marketing their platform to potential clients. Especially the big companies can be hard to convince to use a new system so starting early with this will be a key to adoption and success. 

I saw a mention of them going to an event, i hope they will do a lot of networking and be able to make some announcements.

It seems the event went quite well. They got an interview. Few pages ago there was an article from the Huffington post. So things are moving in the right way 

[levyashin]

What was your thinking process to choose ERC20 standard? Why not ERC223 on ETC chain for example which is more secure (https://github.com/ethereum/EIPs/issues/223) ?

Actually i wonder it too. Not just paypie, most of the icos using erc20. Has Erc223 has some diffuculty we don't know?

I would love to hear a dev, why they are choosing erc20 instead of erc223

[blackened515]

What was your thinking process to choose ERC20 standard? Why not ERC223 on ETC chain for example which is more secure (https://github.com/ethereum/EIPs/issues/223) ?

Actually i wonder it too. Not just paypie, most of the icos using erc20. Has Erc223 has some diffuculty we don't know?

I would love to hear a dev, why they are choosing erc20 instead of erc223

Maybe because ERC20 is more popular. We have better coins than btc but everyone is after btc.Same logic here

[Rigorous]

Agreed, the Equifax hack / intellectual property thefts  a terrible development for consumers, but likely a positive for Paypie. I myself am concerned about identity theft given I have used Equifax in the past. Nonetheless this highlights the need for an alternative to the existing antiquated credit bureaus system and FICO oligopoly. Companies like Paypie should be poised to disrupt this cozy racket as blockchain has done for other industries like security trading, remittances, land titles and storage of value.

Has Paypie made an official statement regarding the hack and how their systems provide an alternative to the status quo?

I think it's good too, but let's not underestimate the difficulty of keeping data secure. Not even the cryptosphere is immune to that, considering exchanges and ICOs get hacked all the time.

[Elkmar]

What was your thinking process to choose ERC20 standard? Why not ERC223 on ETC chain for example which is more secure (https://github.com/ethereum/EIPs/issues/223) ?

Actually i wonder it too. Not just paypie, most of the icos using erc20. Has Erc223 has some diffuculty we don't know?

I would love to hear a dev, why they are choosing erc20 instead of erc223

Well, Ethereum is widely adopted, it's the second biggest market by far, and it has been used many times, so it's a logic choice for an ICO when you don't want to create your own blockchain 

[ubercool]

What was your thinking process to choose ERC20 standard? Why not ERC223 on ETC chain for example which is more secure (https://github.com/ethereum/EIPs/issues/223) ?

Actually i wonder it too. Not just paypie, most of the icos using erc20. Has Erc223 has some diffuculty we don't know?

I would love to hear a dev, why they are choosing erc20 instead of erc223

Maybe because ERC20 is more popular. We have better coins than btc but everyone is after btc.Same logic here

I think the problem with newer versions is that exchanges are not accepting them. I had heard about Bittrex is not accepting ERC223 tokens, if your token cannot get into big exchanges then the market will be highly affected.

[blackened515]

What was your thinking process to choose ERC20 standard? Why not ERC223 on ETC chain for example which is more secure (https://github.com/ethereum/EIPs/issues/223) ?

Actually i wonder it too. Not just paypie, most of the icos using erc20. Has Erc223 has some diffuculty we don't know?

I would love to hear a dev, why they are choosing erc20 instead of erc223

Maybe because ERC20 is more popular. We have better coins than btc but everyone is after btc.Same logic here

I think the problem with newer versions is that exchanges are not accepting them. I had heard about Bittrex is not accepting ERC223 tokens, if your token cannot get into big exchanges then the market will be highly affected.

And also popular wallet like myetherwallet

[bitsurfer2014]

in case it will be used by banks and insurance companies this is going to be huge!! 

Sooner or later financial institutions such as banks and insurance companies will embrace PAYPIE's platform as its risk score is accurate and fraud proof.

[Pajulapoiss]

in case it will be used by banks and insurance companies this is going to be huge!! 

Sooner or later financial institutions such as banks and insurance companies will embrace PAYPIE's platform as its risk score is accurate and fraud proof.

I agree. It's only a matter of time, all imeginable services will eventually run on blockchain.

If PayPie truly can deliver their promises, then it will be huge indeed.

[kraterion]

What was your thinking process to choose ERC20 standard? Why not ERC223 on ETC chain for example which is more secure (https://github.com/ethereum/EIPs/issues/223) ?

Actually i wonder it too. Not just paypie, most of the icos using erc20. Has Erc223 has some diffuculty we don't know?

I would love to hear a dev, why they are choosing erc20 instead of erc223

Maybe because ERC20 is more popular. We have better coins than btc but everyone is after btc.Same logic here

I think the problem with newer versions is that exchanges are not accepting them. I had heard about Bittrex is not accepting ERC223 tokens, if your token cannot get into big exchanges then the market will be highly affected.

Are you sure about that? MEW is fully compatible with ERC223 standard (I know because I stored some DEX tokens there). Just quoting Dexaran words: ERC223 tokens are backwards compatible with ERC20 tokens. It means that ERC223 supports every ERC20 functional and contracts or services working with ERC20 tokens will work with ERC223 tokens correctly.

[the_donald]

What was your thinking process to choose ERC20 standard? Why not ERC223 on ETC chain for example which is more secure (https://github.com/ethereum/EIPs/issues/223) ?

it's not just about safety , but mass adoption as well. not as many people use ERC223. and they need to appeal to as many people as possible

[Rigorous]

What was your thinking process to choose ERC20 standard? Why not ERC223 on ETC chain for example which is more secure (https://github.com/ethereum/EIPs/issues/223) ?

it's not just about safety , but mass adoption as well. not as many people use ERC223. and they need to appeal to as many people as possible

This. At this point because so many ICOs used ETH, the Ethereum ecosystem has a bigger chance to survive in the long run that Ethereum Classic. I could bring up the VHS/BetaMax example if you want