Hello there!
How does your blockchain work? Is your blockchain secure?
Welcome!
First of all we want you to note that only possible online payment methods on our platform is CRS Token. In a similar vein, we wish to emphasize that based on a blockchain technology, we have developed a decentralized and private double-authorization protocol that combines all the benefits of cash and online transactions while eliminating almost all risks for each party involved.
Talking about the procedure of double-authorization protocol, it is rather simple and logic. This double-authorization protocol includes the following two steps: searching/booking and a transaction confirmation.
At first, a model have to negotiate the booking with a client. After that client's funds will be immediately transferred from his account into our CRS token smart contract. This funds will be frozen on our CRS smart contract until the booking is confirmed. After the reaching verbal confirmation between the client and the service provider, the client will need to give a final confirmation to the tokens' transaction through our mobile app. Only after that the tokens will be instantly sent to performer's account.
Besides, in case CRS token system doesn't receive confirmation, the funds are automatically returned to the customer's account and the agreement is terminated.