What is PayPie? PayPie (PPP) is a Blockchain platform built on Ethereum that enables credit risk analysis. As Kriptokoin.com, we will focus on PayPie in this article. In addition, we will answer questions such as what is PayPie, what it offers, what is PPP coin, what is it for, how to get it. Now, let’s examine this platform, which works as a credit assessment tool through Blockchain technology.
What is PayPie?
PayPie (PPP) is a credit assessment tool powered by the Ethereum Blockchain. The platform aspires to be the first credit risk assessment platform of the Blockchain world. The project provides a decentralized ledger and a new single ledger. Thus, it works as a three-entry accounting service. It also has a risk score algorithm that feeds reliable financial data from parties and other business applications. It uses Blockchain technology for its algorithm. Thus, it brings ultimate transparency and trust to its customers.
Overall, the PayPie team has one main goal. Creating a new credit score system built on blockchain. The team provides power to the financial markets with the data analysis tools it offers. It also supports ordinary users to continue their investments with more rational steps. Evaluating risk through algorithms enables financial institutions to make data-based decisions. This, in turn, supports the development of the Blockchain and DeFi economy.
What does PayPie offer?
The ultimate goal of the project is to create a decentralized accounting platform for everyone in the business industry. The accounting platform will provide real-time data for the globally available credit risk algorithm. This data makes it possible for customers to achieve 100% accuracy. The payment technology of the PayPie platform works in three different categories. Categories help make the platform more secure and transparent. Cryptocurrency technology includes:
- A decentralized public ledger that guarantees the authenticity of all transactions, starting with users’ past, present and future transactions. This ledger works through Blockchain technology.
- Triple-entry accounting platform to create a solution that cryptographically seals accounting entries and overcomes shortcomings by providing a new single ledger.
- Risk score algorithm that feeds reliable financial data from other people to a third-party app, marketplace players.
What is PPP coin? What does it do?
PPP coin is the native cryptocurrency of the PayPie platform. Built with the ERC-20 smart contract on the Ethereum Blockchain, this token stands out with a variety of use cases. The token makes it possible to access the platform and provide access to certain services and transactions on the platform. PPP coin gives its holders access to services such as credit history and postpaid purchasing of SMEs. However, the coin is currently included in the “untracked tokens” list by CoinMarketCap.
What is PayPie? How to buy PPP coins?
PayPie is currently only traded on the Uniswap exchange. Interested investors should follow the steps to become a member and purchase by accessing Uniswap to purchase PPP coins.