rudrow
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June 16, 2018, 07:53:13 AM |
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hey guys, I just wanna answer to that escrow service. This is a way of holding the token once it’s order has been placed till the product has been delivered. It’s clear now i hope or is it?
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TonyBons
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June 16, 2018, 08:01:53 AM |
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I expect your plan runs happily! Pretty good idea, noticing vision! Good luck guys.
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dealth09
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June 16, 2018, 08:18:08 AM |
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Basically, it’s like you are an entrepreneur and place an order for a service, the gigbit token will be held within escrow service until the freelancer has delivered the required product according to the contract
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Absholom
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June 16, 2018, 08:31:34 AM |
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The freelancer gets the payment after the product has been delivered, right? But what if there’s an issue with the project delivered and the one agreed to?
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rudrow
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June 16, 2018, 08:57:13 AM |
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Did you not read the answer properly? Payment would be released after the product is reviewed and accepted according to the contract. They’re using smart contracts so I doubt they’ll be any possibilities of the wrong product being delivered
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taher1980
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June 16, 2018, 09:20:46 AM |
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And the same process applies to purchase of tokens as well? I mean the escrow process is the same, services may vary.
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Mousumi khatun
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June 16, 2018, 09:34:37 AM |
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Of course, the whole use of this is so that users are able to get the exact things they asked for, and escrow is just a medium to hold the tokens while the delivery is confirmed and approved
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gigtricks (OP)
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June 16, 2018, 09:42:48 AM |
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Of course, the whole use of this is so that users are able to get the exact things they asked for, and escrow is just a medium to hold the tokens while the delivery is confirmed and approved
Hey GigTricks Escrow service would ensure that the freelancer will provide the requested service in accordance with the agreed contract and the GigBit tokens from the escrow will be released to the freelancer as soon as they deliver the service and the buyer reviews and accepts it. Using Hyperledger Fabric ensures that when the transaction is submitted by a buyer and a freelancer, it’s saved in the Ledger and executed according to the smart contract that guarantees the rights of a participant in the transaction.
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pursuer2018
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June 16, 2018, 10:28:58 AM |
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So i was checking gigtricks.io just few minutes agao and what really caught my eye is there global roadshow section! It seem like a credibility they are so beautifully flaunting on their website and I would love to know more about these events that gigtricks has been a part of! do anyone here has some knowledge to share about these events and what was gigtricks role ? TIA
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MikeMo
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June 16, 2018, 10:51:49 AM |
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Such business are becoming smash. Really good website, percipient website, amazing website.
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taher1980
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June 16, 2018, 10:59:46 AM |
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Yeah i have seen that too it seem gigtricks has been quite occupied in the last couple years to present its idea and have it heard in relevant blockchain events that could rgive it more exposure in the industry
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Mousumi khatun
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June 16, 2018, 11:01:00 AM |
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Since the future blockchain summit really intrigued me therefore i clicked on that one and it appears to be that in that event blockchain startups made an appearance and gigtricks was one of these
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pursuer2018
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June 16, 2018, 11:47:06 AM |
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So what's so amazing about it, any startup could have participated in such events
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MSh5737
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June 16, 2018, 11:55:09 AM |
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Now that's something to brag about ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) though i anticipate that FBS18 would have been more than happy to have gigtricks onboard because they have such a innovative project at hand
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destress
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June 16, 2018, 12:46:36 PM |
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Okay folks! I had checked the FBS18's agenda and it seemed like the mastermind behind gigtricks big bang theory was one of the speakers too who talked about why permissioned blockchain is the next big thing for businesses.
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iress22
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June 16, 2018, 01:04:11 PM |
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Havn't you read the whitepaper ? gigtricks has mentioned that their review data will be stored in the permissioned blockchain
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Ropique
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June 16, 2018, 01:30:07 PM |
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seriously? I thought it was the hyperledger fabric that will store the review data in gigtricks ecosystem
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coinhunter2050
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June 16, 2018, 02:17:15 PM |
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hey permissioned blockchain is just an extended technology that is based on the hyperledger fabric
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destress
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June 16, 2018, 02:20:56 PM |
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GigTricks is using permissioned blockchain guys, that's why their review data is immutable. If they have used a public or open blockchain technology then the reviews can be edited by users and that could have reduced the authenticity of reviews.
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Ropique
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June 16, 2018, 02:29:31 PM |
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I am tarted loving these discussion on gigtricks more since i am getting to know more about these tech stuffs
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