This is a decentralized accounting platform for businesses that can help analyze the credit risk of these institutions. Information such as this would be valuable to both investors and businesses in the space. Powered by the Ethereum blockchain, PPP will create a decentralized risk score that will be available to those interested in gathering risk data for various reasons such as loan applications, insurance or potential investments.
This project also acts as an immutable accounting ledger to provide transparency, and to allow for businesses to time stamp their entries for verifying authenticity. This system would eliminate the need for costly outside auditing services, allowing these organizations to provide their own audits to reduce their overhead.
It also provides a marketplace for investors to provide liquidity to companies or organizations using the platform based on tokenized risk data. A PayPie investment could be a very interesting one if you're at all interested in the future of peer to peer lending applications. Read on for a full analysis of the company and their underlying blockchain technology.
When it comes time for you to buy PayPie you will, unfortunately, find that there's only one option. This coin only has one exchange available, and if you want to make a trade then you will need Ethereum to do so as there are no other pairs. However, the volume seems decent enough, so it should be easy to acquire your tokens. This is an Ethereum asset, and so you'll need an ERC20 compatible wallet in order to store your tokens safely. There are many, many options that will work equally well on this front, but a few fan favorites are My Ether Wallet, Ledger's hardware wallet option or Meta Mask for browsers. As always, never store your assets on an exchange, and be sure to backup your wallet file or seed phrase in a safe place for your protection.