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 challenges Experian, Equifax, and TransUnion’s status quo by assessing businesses credit risk profiles through a built-in algorithm that accounts 150 data points from live financial data hashed on the Ethereum blockchain. PayPie is a faster, safer, and smart contract-powered credit scoring and lending platform for banks, lenders, and invoice factoring companies. 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 safeguard and transform the way credit risk is assessed by lenders, investors, 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.