Escrow... just a means of protecting both buyer and seller by locking the funds or holding them until conditions are met (in your case, when goods have arrived to the buyer and buyer confirms product is as advertised). It's a feature that p2p Bitcoin platforms like Localbitcoins have used to great success, and if you're looking to implement crypto, introducing an escrow system that also facilitates dispute settlements could be a "game changer" among competitors.
Not quite what I was suggesting but in the case above, Peddler could be that escrow. Not sure if Bitcoin smart contracts exist for trustless escrow, I know they do for some alts.
Thanks for the advice on this. We have looked at a number of crypto settlement solutions, including those that escrow.
Escrow in is something we are keen to include in our process. You are correct in that it would be difficult to realise true trustless smart-contracts for Bitcoin - but if someone is doing and have measurable success we are all ears!
We would like to facilitate the escrow or with a reputable partner, however we always consider that middlemen want a stake in the game - something we are keen to reduce as much as possible. We realise that for Peddler.com (besides regulatory - which we need & want to comply with in order to accept card/and various bank payments) it requires a certain amount of trust which we want to build up with the community, whilst implementing the feature suggestions you are all looking for.
Keep the advice coming, the team enjoys all your feedback, and its very much appreciated! Thanks again.
