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PayPie

Risk score algorithm

PayPie platform brings ultimate trust and transparency to the financial markets by introducing the world’s first risk score algorithm based on decentralized accounting.

3.6
4 3 expert ratings
Benchy 3.4
Experts
4.0
5.0
3.5
View rating distribution
~$26,000,000
value of tokens sold in ICO
Ended
Token
PPP
Price in ICO
0.3677 USD
Country
ICO start
15th Oct 2017
ICO end
16th Oct 2017
More on ICO
Report

About PayPie

Why PayPie
An outlook of the market opportunity

  • The Market
    Risk score analysis is at the core of most major industries within the financial sector, such as financing, compliance, auditing, credit insurance, and review. The market is enormous and nearly all SMEs undergo through a risk score check at a given time.
  • The Challenge
    Despite being vast, the risk score market for business is permeated with discrepancies and inconsistencies that create a challenge for the third parties vetting them. Fraud and data manipulation are between the main symptoms of that panorama.
  • The Solution
    Enter PayPie. PayPie will bring the definitive answer to the unreliability of this fractured system with its unique risk algorithm. This algorithm is based on blockchain triple-entry accounting, which guarantees that the risk score is accurate and fraud-proof.

Technology

  • Blockchain Technology
    PayPie is powered by Ethereum blockchain to create a decentralized public ledger that guarantees the authenticity of all past, present and future transactions on the platform.
  • Triple-Entry Accounting
    The platform will provide a new single ledger on the blockchain to create a solution that cryptographically seal all accounting entries and overcome shortcomings of the double-entry accounting.
  • Risk Score Algorithm
    As PayPie’s powertrain, the algorithm feeds reliable financial data from businesses and third party applications to marketplace players through the blockchain.
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