What is PayPie? PayPie (PPP) is a Blockchain platform that enables delegation and credit risk analysis on Ethereum. Koindeks.com In this article, we will examine PayPie. 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. Let’s examine this platform, which works as a credit valuation tool through Blockchain technology, together.
What is PayPie?
PayPie (PPP) is a credit valuation tool powered by the Ethereum Blockchain. The platform aspires to be the first credit risk valuation platform in the Blockchain world. The project provides a decentralized ledger and a new single ledger. Thus, it operates as a three-entry accounting service. It also has a risk score algorithm that feeds secure financial information from parties and other business applications. It uses Blockchain technology for its algorithm. Thus, the latter brings transparency and faith to its customers.
Generally, there is only one main purpose in the PayPie group. Creating a new credit score system built on blockchain. The Group provides power to the financial markets with the data analysis tools it offers. In addition, it supports ordinary users to continue their investments with more rational steps. Conducting risk assessment through algorithms enables financial institutions to make data-based decisions. This underpins the development of Blockchain and DeFi economics.
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 insights for the globally available credit risk algorithm. These data make 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 trustworthy and transparent. Cryptocurrency technology includes:
- A decentralized general ledger that guarantees the authenticity of all processes, starting with users’ past, present and future processes. 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 secure financial information from other people to a third-party application, marketplace players.
What is PPP coin? What’s the use?
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 gain access to the platform and reasonable services and processes on the platform. PPP coin grants holders access to services such as credit history of SMEs and postpaid purchasing. However, the coin is currently included in the “untracked tokens” list by CoinMarketCap.
What is PayPie? How to buy PPP coins?
PayPie is currently traded only on the Uniswap exchange. Interested investors should follow the steps to become a member and purchase by accessing Uniswap to purchase PPP coins.