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Author Topic: [ANN] PayPie - Blockchain-Powered Risk Assessment  (Read 109504 times)
windreamteam
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October 01, 2017, 10:22:30 PM
 #2721

A very good team composed of experts who have several decades of experience and have collaborated with big names such as Forbes, Ethereum, Ibm, Microsoft, Barclays or even Oracle, with a common vision and by mixing their skills they can have the power to revolutionize the market and allow worldwide companies to radiate.
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greatteager
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October 01, 2017, 10:32:50 PM
 #2722

How are negotiations about the participation of Canadian and US residents in ICO?
It will be great if you resolve this issue.
itsonlikedonkeykong
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October 01, 2017, 10:34:19 PM
 #2723

I read somewhere that PayPie was considering positioning itself as an alternative to the big credit risk rating agencies like Moody's and S&P. Is that still true?
Trrrt
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October 01, 2017, 10:34:49 PM
 #2724

Yes its true that the paypie team is one of the most solid and serious that I have ever see. Experimented people with great skills, its really important for investors to see a huge team, who will make the project go really far and will handle the development very well. I'm sure that paypie team will do it nicely !
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October 01, 2017, 10:40:44 PM
 #2725

No, that is not how I look at it.

In my opinion when the government steps in, it is fixing a symptom of a flaw in the system. The system must be built in such a way that government is unnecessary. Case in point, PayPie's triple entry accounting.

Some form of government intervention will always be needed. Even in paypie, without govt assistant, it's will be hard to verify the validity of info entered in the ledger in certain areas. The idea is to find that buoyant balance where the govt aids the growth of crypto without centralizing the agendas.

Government are people and people are corruptible, therefore cannot be trusted.

In my opinion, the current form of government itself - that is, rule by the people - is a trust-based system and therefore vulnerable to incompetence, fraud and mistakes. At some point in the future we will look back and wonder how we managed to live under such a deeply flawed construct.

Trusting government agencies such as the SEC only gives a false sense of security. Even if they hold no ill intent, they are not omnipotent. They stop some bad apples, but let a lot of garbage through.

How else could such a thing as the 2007-2008 credit crunch happen?

The truth is, the root of the problem is not even government. That is just a symptom too. Essentially it is a misunderstanding of humanity.

https://www.forbes.com/sites/stevedenning/2011/11/22/5086/#6d6f032ff92f
Drokzid
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October 01, 2017, 11:02:06 PM
 #2726

Regarding Korea I heard that only korean based ICOs will be banned, so I can safely says that koreans can invest in PayPie...what do you think?
As far as I know only ICOs which are hosted in South Korea have been banned. How should they foreign ICOs? This is not possible.

As long as paypie allows to invest from korea, everybody korean can invest, or am I wrong?
Yes, you are right. Korean people are possible to invest into PAYPIE. They only banned ICOs from organisations and companies which are resident in Korea.

BTC IS KING!
cantdecide
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October 01, 2017, 11:05:45 PM
 #2727

I read somewhere that PayPie was considering positioning itself as an alternative to the big credit risk rating agencies like Moody's and S&P. Is that still true?

Well they will probably try to get one of the big players in the game, what else would you expect if you start such a big project? Also the investors probably expect a lot and as it is the first blockchain based project based of this, they have good chances to be sooner or later one of the big companies out there.

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wonderfullife
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October 01, 2017, 11:21:09 PM
 #2728

Paypie accurately assesses credit risk by taking into account your business as a whole, such as your relations with customers for invoices awaiting payment. allowing you to continue your activity serenely.
Islapdonkey
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October 02, 2017, 12:04:57 AM
 #2729

No, that is not how I look at it.

In my opinion when the government steps in, it is fixing a symptom of a flaw in the system. The system must be built in such a way that government is unnecessary. Case in point, PayPie's triple entry accounting.

Some form of government intervention will always be needed. Even in paypie, without govt assistant, it's will be hard to verify the validity of info entered in the ledger in certain areas. The idea is to find that buoyant balance where the govt aids the growth of crypto without centralizing the agendas.

Government are people and people are corruptible, therefore cannot be trusted.

In my opinion, the current form of government itself - that is, rule by the people - is a trust-based system and therefore vulnerable to incompetence, fraud and mistakes. At some point in the future we will look back and wonder how we managed to live under such a deeply flawed construct.

Trusting government agencies such as the SEC only gives a false sense of security. Even if they hold no ill intent, they are not omnipotent. They stop some bad apples, but let a lot of garbage through.

How else could such a thing as the 2007-2008 credit crunch happen?

The truth is, the root of the problem is not even government. That is just a symptom too. Essentially it is a misunderstanding of humanity.

https://www.forbes.com/sites/stevedenning/2011/11/22/5086/#6d6f032ff92f

Well put and i do agree but it will take time to attain that ideal scenario. Human input is always needed in the beginning. Error is inevitable, the idea is to attenuate it's occurrence.

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bitjet
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October 02, 2017, 01:34:20 AM
 #2730

I will tell my friend about this project. Hope she can introduce this project to her boss. Only Deloitte have some activity in blockchain world. many audit company still don't have a move
Voltaje
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October 02, 2017, 01:55:19 AM
 #2731

I will tell my friend about this project. Hope she can introduce this project to her boss. Only Deloitte have some activity in blockchain world. many audit company still don't have a move

You will have to make a little presentation and definitely know a lot about the project, but if you do get your boss to consider paypie, that would just increase the value of the token, so yeah, do that, we are counting on you, bring us more companies Cheesy.
pynetx
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October 02, 2017, 03:44:22 AM
 #2732

I heard as per new rules it is mandatory to have a working platform before the ico to show the tokens can be spendable. Would this applies to paypie also or is it out the new rule sets because of its jurisdiction area?

Are you talking about Korea based ICOs or ICOs in general? Or China based maybe? PayPie isn't based in Korea or China, I see no problems at all

Yeah, I'm talking about China and Korea. But, it's a good thing thing and it should be applied worldwide.
imtiazmahmood
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October 02, 2017, 05:10:44 AM
 #2733

I heard as per new rules it is mandatory to have a working platform before the ico to show the tokens can be spendable. Would this applies to paypie also or is it out the new rule sets because of its jurisdiction area?

Are you talking about Korea based ICOs or ICOs in general? Or China based maybe? PayPie isn't based in Korea or China, I see no problems at all

Yeah, I'm talking about China and Korea. But, it's a good thing thing and it should be applied worldwide.

this is great opportunity worldwide people can join this project. great investment opportunity with this reputed project.
itradecurrency
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October 02, 2017, 05:15:11 AM
 #2734

For such popular and strong projects as paypie, it would be nice to have a whitelist or an individual cap like in icon so everyone can participate
Maestro991
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October 02, 2017, 05:34:19 AM
 #2735

Hello , when tokens will be tradable?
Voltaje
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October 02, 2017, 05:39:51 AM
 #2736

For such popular and strong projects as paypie, it would be nice to have a whitelist or an individual cap like in icon so everyone can participate

Perhaps an individual cap, that will ensure nobody holds too many coins, but a whitelist is not necessary, they already decided that there will be a pre-ico, with a minimum investment size, so there is no need for more, the project is already good as it is.
pynetx
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October 02, 2017, 05:43:27 AM
 #2737

For such popular and strong projects as paypie, it would be nice to have a whitelist or an individual cap like in icon so everyone can participate

Perhaps an individual cap, that will ensure nobody holds too many coins, but a whitelist is not necessary, they already decided that there will be a pre-ico, with a minimum investment size, so there is no need for more, the project is already good as it is.

Yes, a maximum cap per individual is must. This way price can not be controlled by a small group of whales.
the_donald
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October 02, 2017, 05:48:26 AM
 #2738

For such popular and strong projects as paypie, it would be nice to have a whitelist or an individual cap like in icon so everyone can participate

Perhaps an individual cap, that will ensure nobody holds too many coins, but a whitelist is not necessary, they already decided that there will be a pre-ico, with a minimum investment size, so there is no need for more, the project is already good as it is.

Yes, a maximum cap per individual is must. This way price can not be controlled by a small group of whales.

I disagree, though is seems good at first ,you have to take into account the possibility that they may not get enough investors. that's when wales step in and compensate.

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October 02, 2017, 06:37:04 AM
 #2739

PayPie has concluded an alliance with Rivets, which means that the cybersecurity of the project will be at a high level! Here is a letter from Rivetz:
Quote
As many of you know, teaming up with other innovators in our community is something we love to do. In closing, we would like to give you a peak into a couple of our current alliances. We are pleased to see the progress our partner PayPie.com has made on their token and we look forward to integrating Rivetz security. Their token offering reflects broad market interest in risk score algorithms based on decentralized accounting. We will be supporting an LAToken event in NYC in early November. We have had great conversations with our other announced partners and look forward to delivering integrated solutions to the market.

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October 02, 2017, 06:39:14 AM
 #2740

I read somewhere that PayPie was considering positioning itself as an alternative to the big credit risk rating agencies like Moody's and S&P. Is that still true?

Well they will probably try to get one of the big players in the game, what else would you expect if you start such a big project? Also the investors probably expect a lot and as it is the first blockchain based project based of this, they have good chances to be sooner or later one of the big companies out there.

It would be hard, and if that's the case it would take a lot of years to do so.

Those agencies are established since a while now and have a tremendous influence in finances.
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