What is Blockchain Escrow Service & How Does it Work?by@zenland
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What is Blockchain Escrow Service & How Does it Work?

July 26th 2022
7 min
by @zenland 1,871 reads
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Blockchain escrow service is a new way of doing business online. Unlike traditional escrow services where human agents oversee and manage the deal, a blockchain escrow uses a blockchain network to confirm and act on the given instructions in code instead of a human. The instructions on how, when, and where to release the payment are written in the code document known as a smart contract. The post explains how smart contract escrow works and why it may be the solution to P2P fraud.

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by Zenland @zenland.Zenland is a smart contract platform that solves real-world problems using smart contracts.
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