|Price||1 PPP = 0.0011 ETH|
Credit Score on Blockchain Accounting
PayPie brings ultimate trust and transparency to the financial markets by introducing the world’s first credit risk assessment based on blockchain accounting. The platform solves the problems of fraud and inconsistencies which exist in isolated accounting systems by allowing for real-time audit and analysis of financial statements on the blockchain. This analysis will be done using a decentralized single ledger approach and will consider the all-time historical accounting information of participating businesses to empower and transform the way credit risk is assessed by lenders, investors, banks and other financial institutions. All inputs will be bound to the blockchain in a triple entry accounting structure, which will secure the entire transaction-checking process generating reliable and unbiased data.