Adeed

ADEed is a third-party service provider (Escrow Service) acting on behalf of a buyer and seller, preventing both parties from engaging in fraud by locking the payment of a product or service until the conditions set in the agreement are fulfilled.

Fulfilling the terms of agreement (contract) between a buyer and a seller becomes problematic when the seller does not guarantee the quality of a product or service. This problem which persists to this day has always led to disputes between both parties.

The escrow system would present itself as the solution to this problem. ADEed is the technological evolution of the traditional escrow services that would incorporate blockchain technology, providing the users with a robust protocol that will be viable to apply to the business and consumer sectors.

ADEed will utilize smart contracts using the Cardano blockchain to manage a new generation of escrow services that will eclipse the traditional methods for guaranteeing the quality of products and services.