Introduction
Have you ever thought about using a smart contract for something outside of a digital currency? It might sound like a weird idea, but as it turns out, there are plenty of things that can be done with them.
Smart contracts are essentially software on the blockchain that can enforce automatic transactions and ownership transfers when certain conditions are met. In other words, they can act as a third party in the case of any potential disputes or breach of contract.
You can use this to your advantage in situations where someone is buying or selling something online, and things go wrong. Or maybe you're hiring someone to do some work for you, and you want to make sure they won't disappear after you've paid them.
The easiest way to get involved with a smart contract is through escrow. This means that the money given by the buyer is placed into an account controlled by the smart contract until both parties confirm that everything went smoothly.
At Zenland, this ecosystem focused on helping our users make the smartest possible choices as they use smart contract technology. As always, make sure that you understand all the risks involved with your actions. Only do business with people you trust and never give out your private information (such as your wallet key or password).
Why You Need Zenland Escrow Smart Contract?
Because Zenland is a new technology, there are some important factors you need to consider to make sure it's right for you. Smart contracts won't protect you from ever being scammed or ripped off, but they can help ensure that you're never the one who ends up on the losing end of a deal.
First, always research the party you're buying from—look at their profile, their rating, and any comments people have left about them. If everything seems in order and this is someone you trust, then go ahead and agree on terms for the transaction.
Next, you'll have to choose which currency to use for your contract. The most common choice is Bitcoin or Ethereum, but other options might also be available depending on what the seller requires. Once that's decided, you'll be asked to provide payment for the item or service—in this case you are selling an ebook, so we'll give them the address of our bitcoin wallet where they can send the amount due.
Because smart contracts are decentralized and don't involve any third parties (like a bank), it's very important to double-check that your payment went through correctly—you don't want to end up on either side of a bad transaction.
How Does Make Deals Verified Smart Contract in Zenland
Anyone can start an escrow contract with Zenland, and buyers and sellers can negotiate the payment terms in a safe, private environment. Once the contract is mutually approved, it's published on the blockchain and payments are made using web3 wallets.
Zenland supports web3's core philosophy of keeping user identities private while the transactions remain transparent and public. Through this crypto-based escrow system, payments can be made without disclosing identities or providing any personal information—just a wallet address is required during the transaction flow.
After a deal closes, users have the option to chat anonymously through their escrow contract if they want to renegotiate or dispute the sale. If a dispute arises, users can escalate it to a neutral third party (an Agent) for resolution.
Whether you're buying or selling physical or digital goods and services, Zenland ensures that your identity is never tied to your purchase. With our unique model for secure peer-to-peer transactions, we hope to make cryptocurrency more accessible for everyone.
How Connect app Zenland:
- Go to http://app.zen.land and sign in your Metamask wallet
- Tag us in the comments and paste your Metamask address
- Get a $10 welcome credit to your Zenland account
#zenland #escrow #web3 #crypto
Zenland Escrow Smart Contract Use Case
Zenland's escrow smart contract is a perfect solution for the safe and anonymous transfer of digital art and non-fungible tokens (NFT). If you're looking to invest in digital art or NFT, it's important that you know who the legal owner of a digital asset is at all times, otherwise there could be costly consequences.
Blockchain transparency ensures that all the relevant information about the transfer is available right away—the buyer and seller each have an address on the blockchain, which means that anyone can view the blockchain explorer to confirm when a transaction occurred, how much value was transferred, and how much gas was used.
Zenland also offers customized escrow smart contracts for every use case. In OTC trades, buyers and sellers can exchange in-game assets or collectibles directly from each other as easily as people from different parts of the world can trade with each other.
In freelance work, contractors and freelancers of all kinds can safely and securely build their own smart contract conditions for fair transactions. As an added bonus, Zenland's fees are more affordable than most alternatives.
Zenland Token Fee ($ZENF) Utilities
Zenland token fee ($ZENF) will use a web3 escrow system that allows buyers and sellers to conduct transactions without relying on a third party—all while ensuring that both parties are protected. A marketplace where people can offer their products and services, or find those they need, will allow them to do so without paying any fees (unless they want to).
A DAO community where users can vote on proposals for improving the platform or sharing profit with token holders (who will receive dividends based on how much $ZENF they own) will make it so Zenland is owned by its users, and token holders will have power over how the platform grows.
Zenland has already launched its beta, where you can take a look at how easy it is to use—all we need now is your support! The best way to show your interest in the project is to buy some ZENF tokens during presale round I. For every $ZENF you buy, you'll get an extra bonus.
So, grab now $ZENF Presale Round I
- 💠 ERC-20 utility token
- 💠 Min amount: $50
- 💠 Presale I price: $0.02
- 💠 Listing price: $0.05
Be early and join here 👉https://token.zen.land
Just visit Zenland website and get learn more for updates at:
ZenLand Website: https://zen.land/
Telegram Group: https://t.me/zenlandapp
Twitter: https://twitter.com/zenland_app
Join in Zenland Discord: https://discord.gg/gXdd8bd6Ez
Author
BTT Username: Emily Barros
POA Link: https://bitcointalk.org/index.php?topic=5439726.msg61820201#msg61820201
BSC (BEP-20) Wallet Address: 0xB2a7AFc4eFccf242FC5f9FD8726231cEbC83CCd5