[ANN] PayPie - Blockchain-Powered Risk Assessment

[ParRus]

tried to join the telegram group but why is that it will says that there is no usernmae or the account does not exist?
will you please help me access it? like providing me some of your invitation link? please.

Telegram invite link : https://t.me/PayPieTokens

hello mate, i need an INVITATION LINK.. not that link since i tried that already but i cant join to that cause i think my number is restricted ti access that. please send me an invitation link if you are in their telegram

Those telegram links dont wanna open for me in firefox, it says "address wasnt understood", so i have to open it with a different browser. Try it yourself.

telegram -this is application for your smartphone! I was joined to PAYPIE telegram in the following way: I have Google Chrome browser in PC and smartphone, all synchronized -add a page with telegram link to the bookmarks in your PC, then go to Google Chrome in smartphone, if the device is synchronized  - go to bookmark with telegram link, open with the application and join!

[1715543634]

1715543634

[Voltaje]

Canada and USA still not allowed to participate?

This is because they policy. I think this project is welcome everybody in the world but some country want ban ICO and control it

It's not Canada and US. It's US and Hongkong. That's because there policy and it's good thing for us.

I think China changed its policy about ICO recently, chinese could be ban from ICOs too.

Yep, from now own it will be third country to join the forces against us and us against them. Too much fun.

Well, some third world countries haven't adopted cryptocurrencies yet, they are more like informal things, and those governments don't know even that, so they kind of flourish secretly, like in my country, so eventually those countries will embrace bitcoin and the blockchain, USA and China and Singapur somehow think it is bad, they should already make some regulatory measures instead of just ban it, one of the reasons is that Blockchain economy is insanely fast for them, anyway, Paypie will prove that Blockchain can be very useful for managing companies, or Economies, with their accounting and risk management.

[the_donald]

tried to join the telegram group but why is that it will says that there is no usernmae or the account does not exist?
will you please help me access it? like providing me some of your invitation link? please.

Telegram invite link : https://t.me/PayPieTokens

hello mate, i need an INVITATION LINK.. not that link since i tried that already but i cant join to that cause i think my number is restricted ti access that. please send me an invitation link if you are in their telegram

Those telegram links dont wanna open for me in firefox, it says "address wasnt understood", so i have to open it with a different browser. Try it yourself.

I'm getting that too with Telegram links. you can go directly to the site and look for the project manually , but it's a hassle.

[haxllega]

Canada and USA still not allowed to participate?

This is because they policy. I think this project is welcome everybody in the world but some country want ban ICO and control it

It's not Canada and US. It's US and Hongkong. That's because there policy and it's good thing for us.

I think China changed its policy about ICO recently, chinese could be ban from ICOs too.

Yep, from now own it will be third country to join the forces against us and us against them. Too much fun.

Well, some third world countries haven't adopted cryptocurrencies yet, they are more like informal things, and those governments don't know even that, so they kind of flourish secretly, like in my country, so eventually those countries will embrace bitcoin and the blockchain, USA and China and Singapur somehow think it is bad, they should already make some regulatory measures instead of just ban it, one of the reasons is that Blockchain economy is insanely fast for them, anyway, Paypie will prove that Blockchain can be very useful for managing companies, or Economies, with their accounting and risk management.

These states ban cryptocurrencies because they are afraid of the blockchain technology making their financial system obsolete. I think it will soon become a tough fight government vs. cryptocurrencies.

[chaoscoinz]

I think paypie react very well with the slack decision. They want to take care of their community and it's  very important for a project like that. They prefer protect us and change app to communicate with us. Its true that slack has a lot of scammers these days. Thanks paypie team !

Yes my friend, there are a plethora of scams on all crypto related slack groups. But my favorite (sarcasm) is the Myetherwallet phishing attempt, the one where they ask you to donate 25% of your crypto investment made to an ICO, in exchange for 100% return on interest. Most slack groups have disabled the slackbot, or have turned their channel into an announcement only thread.

[kraterion]

"Some have blamed lenders for inappropriately approving loans for subprime applicants, despite signs that people with poor scores were at high risk for not repaying the loan. By not considering whether the person could afford the payments if they were to increase in the future, many of these loans may have put the borrowers at risk of default.
Some banks have reduced their reliance on FICO scoring. For example, Golden West Financial (which merged with Wachovia Bank in 2006) abandoned FICO scores for a more costly analysis of a potential borrower's assets and employment before giving a loan.
According to the experts at MyFico.com, credit scores are enhanced by having multiple credit cards, the use of credit cards, and having installment loans. However, financially secure individuals who do not use multiple credit cards and/or self finance installment type expenses may be inaccurately assessed a lower credit score."


Do you think that PayPie could have been a problem solver in this situation and prevent the subprimes bubble and 2008 crisis ?

[Elkmar]

"Some have blamed lenders for inappropriately approving loans for subprime applicants, despite signs that people with poor scores were at high risk for not repaying the loan. By not considering whether the person could afford the payments if they were to increase in the future, many of these loans may have put the borrowers at risk of default.
Some banks have reduced their reliance on FICO scoring. For example, Golden West Financial (which merged with Wachovia Bank in 2006) abandoned FICO scores for a more costly analysis of a potential borrower's assets and employment before giving a loan.
According to the experts at MyFico.com, credit scores are enhanced by having multiple credit cards, the use of credit cards, and having installment loans. However, financially secure individuals who do not use multiple credit cards and/or self finance installment type expenses may be inaccurately assessed a lower credit score."


Do you think that PayPie could have been a problem solver in this situation and prevent the subprimes bubble and 2008 crisis ?

Well, we're talking about individuals here, their information would not appear on the blockchain, even if the company which granted them a loan would use triple accounting, there would not be any information about customers written in the ledger, so impossible to know the credit risk imo.

[Sozialtourist]

"Some have blamed lenders for inappropriately approving loans for subprime applicants, despite signs that people with poor scores were at high risk for not repaying the loan. By not considering whether the person could afford the payments if they were to increase in the future, many of these loans may have put the borrowers at risk of default.
Some banks have reduced their reliance on FICO scoring. For example, Golden West Financial (which merged with Wachovia Bank in 2006) abandoned FICO scores for a more costly analysis of a potential borrower's assets and employment before giving a loan.
According to the experts at MyFico.com, credit scores are enhanced by having multiple credit cards, the use of credit cards, and having installment loans. However, financially secure individuals who do not use multiple credit cards and/or self finance installment type expenses may be inaccurately assessed a lower credit score."


Do you think that PayPie could have been a problem solver in this situation and prevent the subprimes bubble and 2008 crisis ?

Well, we're talking about individuals here, their information would not appear on the blockchain, even if the company which granted them a loan would use triple accounting, there would not be any information about customers written in the ledger, so impossible to know the credit risk imo.

Yes I think PayPie is targeting more SMEs than individuals.

[Heimer]

"Some have blamed lenders for inappropriately approving loans for subprime applicants, despite signs that people with poor scores were at high risk for not repaying the loan. By not considering whether the person could afford the payments if they were to increase in the future, many of these loans may have put the borrowers at risk of default.
Some banks have reduced their reliance on FICO scoring. For example, Golden West Financial (which merged with Wachovia Bank in 2006) abandoned FICO scores for a more costly analysis of a potential borrower's assets and employment before giving a loan.
According to the experts at MyFico.com, credit scores are enhanced by having multiple credit cards, the use of credit cards, and having installment loans. However, financially secure individuals who do not use multiple credit cards and/or self finance installment type expenses may be inaccurately assessed a lower credit score."


Do you think that PayPie could have been a problem solver in this situation and prevent the subprimes bubble and 2008 crisis ?

Well, we're talking about individuals here, their information would not appear on the blockchain, even if the company which granted them a loan would use triple accounting, there would not be any information about customers written in the ledger, so impossible to know the credit risk imo.

Yes I think PayPie is targeting more SMEs than individuals.

Small investors also can benefit from Paypie. This platform will be cheaper than traditional accountants and more reliable

[kateheoa]

have you considered the barrier PayPie will come against with businesses with regards to their sensitive and private data?

why would a company decide to link all of their books and data to this platform?

the company  need to first educate the potential companies before any company would be conlmfortable using their services.

[FIEX]

Canada and USA still not allowed to participate?

This is because they policy. I think this project is welcome everybody in the world but some country want ban ICO and control it

It's not Canada and US. It's US and Hongkong. That's because there policy and it's good thing for us.

I think China changed its policy about ICO recently, chinese could be ban from ICOs too.

Yep, from now own it will be third country to join the forces against us and us against them. Too much fun.

Well, some third world countries haven't adopted cryptocurrencies yet, they are more like informal things, and those governments don't know even that, so they kind of flourish secretly, like in my country, so eventually those countries will embrace bitcoin and the blockchain, USA and China and Singapur somehow think it is bad, they should already make some regulatory measures instead of just ban it, one of the reasons is that Blockchain economy is insanely fast for them, anyway, Paypie will prove that Blockchain can be very useful for managing companies, or Economies, with their accounting and risk management.

There are still a lot of people, but a lot. Who doesnt know about this world.
There is still so much gaining here and money will keep getting into the blockchain. I'm glad that I'm here and can see platforms like this changing a small part in this world.

[SzeChun]

have you considered the barrier PayPie will come against with businesses with regards to their sensitive and private data?

why would a company decide to link all of their books and data to this platform?

the company  need to first educate the potential companies before any company would be conlmfortable using their services.

thats part of closing business partnerships. same problem almost every other platform has.

[SzeChun]

Sounds promising. Might drop 10 ETH based on the team background. Nice

[Cauchy]

have you considered the barrier PayPie will come against with businesses with regards to their sensitive and private data?

why would a company decide to link all of their books and data to this platform?

the company  need to first educate the potential companies before any company would be conlmfortable using their services.

thats part of closing business partnerships. same problem almost every other platform has.

Its a valid Point. Given the early adoption of bc this is a real faced problem in several areas. Also reason why private masternodes are set-up for larger companies doing this kind of work already.

[Rigorous]

have you considered the barrier PayPie will come against with businesses with regards to their sensitive and private data?

why would a company decide to link all of their books and data to this platform?

the company  need to first educate the potential companies before any company would be conlmfortable using their services.

A few weeks ago asked the same question and some other users here said PayPie has anonymity features for that. I looked it up in the whitepaper, but there aren't too many details written about them.

We will also be able to anonymize financial data from many kinds of businesses and use that to give small business owners or investors an idea of lending opportunities and compared to anonymized data from other firms in their industry.

Would be nice to see an example.

[Voltaje]

have you considered the barrier PayPie will come against with businesses with regards to their sensitive and private data?

why would a company decide to link all of their books and data to this platform?

the company  need to first educate the potential companies before any company would be conlmfortable using their services.

A few weeks ago asked the same question and some other users here said PayPie has anonymity features for that. I looked it up in the whitepaper, but there aren't too many details written about them.

We will also be able to anonymize financial data from many kinds of businesses and use that to give small business owners or investors an idea of lending opportunities and compared to anonymized data from other firms in their industry.

Would be nice to see an example.

Paypie uses the blockchain, and there is where all the date will be located, the blockchain is the most secure place to save big amounts of data, and it will be easy to implement, I imagine that the specific details will be shared among the clients, because it will be a little different for each company, because of the differences of businesses they may be in

[blackened515]

Sounds promising. Might drop 10 ETH based on the team background. Nice

yes i also want to invest but I dont have much.I hope eth falls so I can buy more to invest

[Trrrt]

The Paypie algorithm seems to be very strong, team said that they will be able to anonymize financial data and use theses data to let other compagnies compare there data to have an idea of lending opportunities. Its very powerfull, alt of compagnies will want to use this.

[itsonlikedonkeykong]

Dear all for security reasons and protect our supporters from scammers we will be closing the Paypie Slack. We will only use Telegram going forward or until we find a new app that allows us to manage messaging. Paypie Slack will be closed soon so join us on Telegram at https://t.me/PayPieTokens.

Good. I don't see why so many projects even use slack these days, it's a scammers paradise. Much better to use something like Telegram or Discord.

I agree.Slack has become a nightmare these days and many ICOs opting for discord or Telegram as they are much better and safer.It is a good move by Paypie team And I saw they already have  nearly 500 members.Much more than their slack channel which only had 400 members

Thank you Wapinter! Telegram is the way to go. 580 members now.

[javelin69]

Sounds like paypal sort of somewhat