I would like to get information about it . What is it ?
It’s basically for a buyer and seller to do business with minimal risks.
It’s pretty simple, both buyer and seller (or business partners) agree that they don’t fully trust eachother, but they do trust a thirth party.
When they sell an item, the buyer doesn’t pay the seller, he pays the independant thirth party.
The thirth party now confirms he has the full payment in his posession to the seller. The seller now sends the goods to the buyer.
Once the buyer confirms he received the goods, the escrow now releases the payment to the seller.
Published at Fri, 03 Mar 2017 08:05:46 +0000
[wpr5_ebay kw=”bitcoin” num=”1″ ebcat=”” cid=”5338043562″ lang=”en-US” country=”0″ sort=”bestmatch”]
