Ink Protocol Features
Decentralized reputation and feedback
Ink Protocol helps users safely send and receive payments in P2P marketplaces while earning public reputation for every completed transaction.
Sellers can take their earned reputation with them from marketplace to marketplace.
To ensure sellers’ reputations are credible, feedback may only be given on completed transactions.
Third party mediation and escrow
Ink Protocol’s built-in dispute resolution allows a mediator to be assigned to a transaction. Mediators exist as independent Smart Contracts and are jointly agreed upon by the buyer and seller.
With mediation, payment is held in escrow until the buyer confirms the transaction. In the event of a dispute, the mediator works with both parties to decide on an outcome.
Ink Pay App – powered by Ink Protocol
The Ink Pay app will be released soon after the Ink Protocol becomes available. This will immediately allow buyers and sellers to make and receive payment for items on third-party marketplaces like Craigslist, Facebook Marketplace, OfferUp, and more.
Sellers can accept payment with Ink Pay and build their reputation.
Buyers can check a seller’s reputation before buying and also leave feedback once a transaction is complete.
Optionally add a mediator and escrow for a higher level of safety.
Coming to Mobile Web, iOS, & Android