Cancoin is similar to localbitcoins in that it's peer to peer however we believe Cancoins' security is more robust and able to handle trust for larger amounts of btc.  Cancoin aims to provide a higher level of functionality and individual security than any other bitcoin exchange in the world.

Here's a flow chart of the transaction process:

https://cancoin.co/how_to_buy_and_sell_bitcoins

This is how Cancoin works:

https://cancoin.zendesk.com/hc/en-us/articles/236221767-How-it-works

Cheers