Bitcoin Forum
May 24, 2024, 05:14:37 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: « 1 [2]  All
  Print  
Author Topic: Shipping Companies as Escrow Services  (Read 2593 times)
HELP.org
Hero Member
*****
Offline Offline

Activity: 510
Merit: 500



View Profile WWW
November 03, 2014, 12:18:46 PM
 #21

Escrow is when a third party hold the funds while the transaction is taking place to help ensure neither party loses their funds or property/services.  Since escrow agents hold funds for other they normally need a license and be bonded/insured in case they lose the funds.

The multi-sig transactions are not really escrow since they don't hold the funds.

Escrow is not dispute resolution.  It is a conflict of interest for an escrow agent to resolve disputes of parties who pay them for escrow services.  Escrow agents use independent third parties to resolve disputes.  You can look at the agreements at escrow.com to see how it works.


Certified Bitcoin Professional
Bicoin.me - Bitcoin.me!
lightningmccoin
Newbie
*
Offline Offline

Activity: 56
Merit: 0


View Profile
November 03, 2014, 12:39:06 PM
 #22

The escrow service would tell the seller how to ship logistics.In order to adopt to the comprehensive competition in the market, they are services to manage the self-owned containers land transport services.

freight quote


Yeah, why shouldnt they do this? This is a very good advice.
Pages: « 1 [2]  All
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!