[ANN] PayPie - Blockchain-Powered Risk Assessment

[Elkmar]

Well, we can't say that there is no competition actually.

it just seems that PayPie will be the leader there, they seems more prepared, and their project generate more enthusiam than those of the competition.

Haven't seen any other ICO for this particular field.I doubt there will be other on this level any time soon.

I know there is the Fizcal ICO, but it's been a while since I checked it.

[Korsakopf]

Well, we can't say that there is no competition actually.

it just seems that PayPie will be the leader there, they seems more prepared, and their project generate more enthusiam than those of the competition.

Haven't seen any other ICO for this particular field.I doubt there will be other on this level any time soon.

I can't imagine. Blockchain IS accounting, how can there not be another ICO for that? Maybe the subject matter doesn't resonate with a lot of millennial developers?

It's not only that it doesn't resonate, a lot of people simply don't understand the concept or see it's potential. Party i think Paypie might need to step up a bit of the marketing to show how valuable the product is. Maybe just show some numbers that big companies are paying right now for announting/credit scores and how it would look with Paypie. Or even an easy to understand infograph could be strong in conveying the idea.

[Trrrt]

There is few little project just talk about accounting. But they are far away from the position of paypie, paypie is really avances in developpement and the team is pretty solid. Paypie will dominate the accounting blockchain market.

[kraterion]

A question just popped in my mind when I learned about FICO score, you aim to replace it or you aim to integrate it?

[Sozialtourist]

The competitor is now zero, because keeping all the accounts in blocks can be complicated and the solution is Paypie.I guess the non-block chain competition will be concentrated and the transparency will be much lower than we expected.

Maybe someday in the future, Paypie will become the de facto standard in credit score analysis in the financial field.

The possibility for this is definitely there. They have the advantage of beeing the first to bring this technology in use and when they have a great success from the beginning and businesses use it, it will be very hard for competitors.

[Elkmar]

It would be great that in some years, triple entry accounting become the norm in accounting.

It would bring way more transparence, and would greatly limit the possibilities of fraud.

[Wapinter]

"At PayPie our goal is to execute fast and, not only become a market leader but control that position just like Google does it today for the search market. Google gets almost 80% and next company gets only 5-6% of the market. We want to become like Google in our industry."

Nick Chandi
CEO Paypie

[batako]

"At PayPie our goal is to execute fast and, not only become a market leader but control that position just like Google does it today for the search market. Google gets almost 80% and next company gets only 5-6% of the market. We want to become like Google in our industry."

Nick Chandi
CEO Paypie

A very good purpose. But to achieve it requires dedication and a very hard struggle. Google itself does not reach it easily. Competition in today's era is getting tighter.

[Sozialtourist]

"At PayPie our goal is to execute fast and, not only become a market leader but control that position just like Google does it today for the search market. Google gets almost 80% and next company gets only 5-6% of the market. We want to become like Google in our industry."

Nick Chandi
CEO Paypie

A very good purpose. But to achieve it requires dedication and a very hard struggle. Google itself does not reach it easily. Competition in today's era is getting tighter.

This is a courageous statement of them! It shows how convinced they are of the things they are working on and how dedicated they are to the project. PayPies ideas are revolutionary and to bring a working platform on the market as soon as possible will draw the attention of a lot of businesses.

[Sharma]

"At PayPie our goal is to execute fast and, not only become a market leader but control that position just like Google does it today for the search market. Google gets almost 80% and next company gets only 5-6% of the market. We want to become like Google in our industry."

Nick Chandi
CEO Paypie

I like his ambitions.I checked that he is running a successful business and a very knowledgeable person.I am sure he can lead paypie to new level.I am eagerly waiting for ICO.Any info about ICO price?

[Rigorous]

Only one thing does not understand - where will the platform take the initial data? From an open reporting? And if there are errors, then you will have to check everything first. Do an audit. And if there is an error or data there, then they will remain in this system, on the blockchain?

I would expect errors to remain in both the system and the blockchain and store corrections in new transactions. Just like with software version control systems, you don't erase history (to be clear, it's technically possible, but not recommended) but you append a new commit to fix a past error.

How can this be so? Each block follows from the previous one. If the error is in block 100, and it is fixed in block 200, then all blocks 100 through 199 contain an error. They need to be fixed. If you do this as shown, the blockchain is not needed, it makes no sense.

How can you fix the error in block 100 through 199? Remember the blocks contain the hash of the invoice data. You would need to roll back the blockchain, you'd have to fork, which is a no-no. Blocks are immutable. All you can do is add a new block and say "block 100 through 199 contain an error, here is the fix".

There could be another way if the documents are stored in IPFS and the blocks only contain a pointer to the document. Then you'd be able to change the data in the document without having to change the blockchain. But then you lose the data integrity, which is the whole point of PayPie.

[lvsca]

"At PayPie our goal is to execute fast and, not only become a market leader but control that position just like Google does it today for the search market. Google gets almost 80% and next company gets only 5-6% of the market. We want to become like Google in our industry."

Nick Chandi
CEO Paypie

nice. it will increasing paypie token value by time.

[levyashin]

"At PayPie our goal is to execute fast and, not only become a market leader but control that position just like Google does it today for the search market. Google gets almost 80% and next company gets only 5-6% of the market. We want to become like Google in our industry."

Nick Chandi
CEO Paypie

I like his ambitions.I checked that he is running a successful business and a very knowledgeable person.I am sure he can lead paypie to new level.I am eagerly waiting for ICO.Any info about ICO price?

Price per token: 1 PPP = 0.0011 ETH

But of course they will be some bonuses which are not clear yet.

There is lots of time for ico though.

[magisterr]

What about parthnership with insurance company? May be they ll interesting in your platform? Its possible? 

[Dick Dick Face]

Why is paypie or slickpie not on official company registry for Canada? https://www.ic.gc.ca/app/scr/cc/CorporationsCanada/fdrlCrpSrch.html shouldn't we be able to find you on there? 

[Voltaje]

"At PayPie our goal is to execute fast and, not only become a market leader but control that position just like Google does it today for the search market. Google gets almost 80% and next company gets only 5-6% of the market. We want to become like Google in our industry."

Nick Chandi
CEO Paypie

I like his ambitions.I checked that he is running a successful business and a very knowledgeable person.I am sure he can lead paypie to new level.I am eagerly waiting for ICO.Any info about ICO price?

Price per token: 1 PPP = 0.0011 ETH

But of course they will be some bonuses which are not clear yet.

There is lots of time for ico though.

To be a potential leader in the niche paypie will be, it's not impossible considering that they are the first, now it will depend on them in running a good ICO, marketing (they are good so far), and keep innovating in the face of competition, or the lack of it, too many companies stop innovating once there is no competition or their competition is below their level, like Intel, lets hope Paypie delivers regardless of the situation, its a very promising project.

[x86Daddy]

"At PayPie our goal is to execute fast and, not only become a market leader but control that position just like Google does it today for the search market. Google gets almost 80% and next company gets only 5-6% of the market. We want to become like Google in our industry."

Nick Chandi
CEO Paypie

I like his ambitions.I checked that he is running a successful business and a very knowledgeable person.I am sure he can lead paypie to new level.I am eagerly waiting for ICO.Any info about ICO price?

Price per token: 1 PPP = 0.0011 ETH

But of course they will be some bonuses which are not clear yet.

There is lots of time for ico though.

but buy eth first when eth still cheap. We still need ETH for invest to some good project like this

[belechau]

Moment really quite conducive to investment, mainly being a project that will be pioneering in accounting in the blockchain. I'm betting on the success of Paypie, mainly because it will help us a lot in future investments and containment of fraud.

[imtiazmahmood]

is there is available demo i am so excited to use demo? if yes then when gonna start demo. i wanna use.

[PandaMiner]

is there is available demo i am so excited to use demo? if yes then when gonna start demo. i wanna use.

they will publish a demo in 2018. I see it in their white paper. Sep 2018 - October 2018