If you dealing in business that can gain from improved transparency, then blockchain will add a significant value to it. And i can't think of any legal means that can't use a little more transparency. So plz do wise me up
What is the use of improved transparency if nobody is looking for it?
But if there is someone trying to look for it, he/she can find it through official sources that are already publicly available.
Unless you mean to say those sources are not trustworthy.
I can put up naked pictures of me to the blockchain but if nobody is looking for it, then what is there for me to brag about improved transparency.
By the time a girl wants my naked pictures, she can get it directly from me or my album.
Basically what PayPie is doing, is providing a platform based on blockchain for the SMEs that use its accounting software to sell off their junk invoices.
What makes you think this is some breakthrough?
If I want financial information of a public company (private companies are by law not required to submit/disclose any financial information), I can get such information already now even if the blockchain suddenly go completely extinct.
And if I want to know how strong is the company, financially, I can use proven metrics like Altman Z-score, Dupont analysis, etc to find that out.
To say that I actually need PayPie to do all these is overhyped.