W12.io| Smart Contracts & Natmin Pure Network Collaboration
https://medium.com/@w12_io/w12-io-smart-contracts-natmin-pure-network-collaboration-b959edae3e76📣 W12 Team would like to present Natmin Pure Escrow that will launch its Token Sale on our platform in November.
Natmin Pure Escrow is a decentralized application that provides pure Escrow Services built on Blockchain Technology. Natmin Pure Escrow aim to revolutionize the Escrow industry by utilizing Blockchain Technology to facilitate Escrow transactions for a fraction of the price of conventional Escrow services.
There has been an influx of online transactions between buyers and sellers over the past several years, but unfortunately there has also been an influx of fraud in online transactions. This chart shows the increase of “buying and selling” related fraud transactions recorded in Australia alone over the past 4 years.
Six months into 2018 and the number of recorded fraud transactions has already reached a staggering $7,387,744. That is 74.1% of the total amount recorded in 2017.
This fraud could have been avoided if a secure and trusted Escrow Service was used to facilitate the transactions. Natmin Pure Escrow prides itself on providing a secure service to help prevent the losses consumers otherwise would have faced due to fraud.
