Transfer funds without worrying whether you’re dealing with a dishonest provider. Use Digital Deal to make sure that your counterparty doesn’t disappear after receiving payment. Set up the deal and put the funds in Escrow. Our smart contracts take care of the rest.
See whether your counterparty is trustworthy - ask them to use Digital Deal. If they refuse, you might have reason to think twice.
Buying from providers you don’t know is a lot safer when you can use a Smart Contract as your intermediary. You don’t have to reveal your identity or know the identity your counterparty — BANKEX Digital Deal can guarantee a safe transaction.
Transactions don’t always conclude smoothly — deadlines are missed, product quality is below expectations, a counterparty stops communicating. When you need to take back your payment, use decentralized arbitration. Impartial arbiters will examine your case and get your funds back.
Let’s say you ordered a ring with ten diamonds for 10 ETH from a master jeweler. When the ring arrives, it turns out to only have nine diamons, but it looks even better this way. The jeweler offers you a 1 ETH discount. BANKEX Digital Deal lets you get part of your payment back by agreement with your counterparty.
Deals are signed using the BANKEX Trust APISmart contract details of Trust
Deposit of deal amount and transfer of payment after deal completion is handled through an Escrow smart contract.Smart contract details of Escrow
Dispute resolution for deals is handled using a distributed arbitration service on the blockchain: BANKEX Smart JusticeSmart contract details of Smart Justice
BANKEX Scan lets you track transactions during the deal execution process.More info