Post
Topic
Board Altcoin Discussion
Re: Alibaba cooperates with new blockchain platform, Is this project worth following
by
xanabonana
on 12/12/2019, 14:33:23 UTC
So, how the smart payment service works? I still don't get it
So first the vendors create a smart contract in the smart payment service and the client will receive the smart contract and send the funds to the credits smart contract. Their funds still stored till the fulfillment of the delivery condition and then after the client receive the package and sign the acceptance invoice, the stored money will be transferred to the vendors by blockchain.