Hi Steemit and Busy!

This is the first episode from my new series of articles called Crypto and Cake. I will be discussing a variety of my favorite coins, as well as some general cryptocurrency content too!

I have been waiting for the Paypie (PPP) beta platform release and finally it is almost upon us! April 30th is the confirmed date for the beta PPP platform. Paypie has the potential to be a very disruptive figure within the credit risk industry, with their unique credit risk algorithm along with the invoice financing marketplace, allowing SMEs cheaper and easier access to financing.

What is Paypie?

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

Source: www.paypie.com

Beta Release Announcement

Below is a screenshot of the most recent announcement from the PPP team on Telegram which confirms the beta platform release date! Exciting times ahead and below I have drafted a few key points on why this release is so important.



Marketing Campaign Launching + Exchange Listings?

Due to being located in Canada and targeting the North American market, PPP has had to enforce strict compliance and risk strategies and ensure that they meet all requests/demands from entities such as the Securities and Exchange Commission (SEC). Through the release of the beta platform the PPP project will have demonstrated the tokens utility value, with this noted PPP will now be able to launch their marketing campaign as well as most likely attempt further listings on bigger exchanges.



Paypie Invoice Financing Marketplace

The Paypie Credit marketplace will allow SMEs to directly connect with token holders who are willing finance invoices. I believe the estimated ROI for invoice financing is about 2-5% per month. So using your PPP tokens, you for example, would buy an invoice for $1000, but then sell it 1 month later for say $1040. This provides a huge opportunity to earn regular income every month from your PPP tokens. You will also be able to assess the accurate real-time risk score of each SME before you decide if funding them is a safe venture.

Conclusion

PPP's most obvious competitor is Popolous (PPT), but remember that currently they are both targeting different continents and PPP's unique risk algorithm scoring has the potential to even one day be integrated into the PPT platform. The reality is that the invoice financing market in Europe (especially UK) is much larger than North America, so PPT definitely have their foot int the larger market. Nonetheless, there is still lots of room for PPP growth and their focus on credit risk analysis rather than invoice financing, as well as their attention to strictly following regulations may well propel them into the upper limits of our imagination!

Disclaimer: This is not financial advice. I am sharing my opinions for educational purposes .

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