Hello, i think i have a very good idea :)
Prolog:
I like sale the domain www.best-bitcoin-domain.com for 20.000$.
After two weeks i found a serious buyer.
He propose the deal:
- He pay first 10.000$ to my bank account
- After i receive the money i transfer the domain
- After the successful domain transfer he pay the other 10.000$
I think this is ok and i agree.
3 days later i receive the money and i start the transfer with the domain.
The transfer is finish and i contact again the buyer, but he don't answer.
I try it more than 4 weeks, but without success…
Now i'm looking for a lawyer… :(
Problem:
If you sale or buy a domain then you must trust the other party.
Trust is good, but smart contracts are better!
Example
If you transfer a domain and the buyer don’t pay, you (the seller) have a problem.
If you pay for a domain and the seller don’t transfer, you (the buyer) have a problem.
Solution:
The solution for this problem is the platform byteball with smart contracts!
What we need:
- Whois Oracle
- Domain Transfer Bot
- *Optional Web Interface
Whois Oracle
The whois oracle check the owner of domains on different whois services
and save the information in the DAG.
Note: All domains in the web have a owner and he is registered in different dns companys.
https://en.wikipedia.org/wiki/WHOIS
https://en.wikipedia.org/wiki/Domain_name
Example: http://whois.domaintools.com/nicesmile.dk
Domain Transfer Bot
Create easy domain transfer requests as readable smart contracts in chat with a bot.
The bot ask this informations:
- the byteball adress
- domain name
- current owner of domain (seller)
- new owner of domain (buyer)
- price
- expire date
After this information the bot check the current owner in whois oracle and create a smart contract.
Closing Words:
Now is the domain transfer business trustless!
Never again problems with this real-world problem!!
Very cheap and easy to use, maybe later with web interface!!
Thank you for reading,
and sorry for my bad english!
Congratulations @altcoinb! You have completed the following achievement on the Steem blockchain and have been rewarded with new badge(s) :
Click on the badge to view your Board of Honor.
If you no longer want to receive notifications, reply to this comment with the word
STOPDo not miss the last post from @steemitboard:
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Congratulations @altcoinb! You have completed the following achievement on the Steem blockchain and have been rewarded with new badge(s) :
Click on the badge to view your Board of Honor.
If you no longer want to receive notifications, reply to this comment with the word
STOPTo support your work, I also upvoted your post!
Do not miss the last post from @steemitboard:
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Great idea!
This really solves a real world problem!
I once bought a quite expensive domain, too, and it was quite a lot of paper work and I was quite nervous whether it all will work out.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Congratulations @altcoinb! You have completed the following achievement on the Steem blockchain and have been rewarded with new badge(s) :
Click on the badge to view your Board of Honor.
If you no longer want to receive notifications, reply to this comment with the word
STOPDo not miss the last post from @steemitboard:
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit