PAID Network is a business toolkit for all your needs, encompassing SMART Agreements, escrow, reputation-scoring, dispute arbitration and resolution, as well as DeFi tools such as insurance, borrowing and lending. PAID aims to take the lawyers out of legal contracts, making simple, easy-to-use SMART Agreements available for users.
Reputation-scoring tracks user behavior, while escrow and dispute arbitration/resolution ensure PAID users receive the value stipulated in their contract. DeFi tools work in concert with the aforementioned elements to provide a one-stop solution for conducting business transactions.
PAID token acts as the core utility within the PAID Network Ecosystem.
PAID's utility is for:
- Access Token – Purchasing Agreements and Subscriptions Services Fees
- DeFi – User receive rewards for staking their assets, Lending & Insurance, Escrow & DAICO
- Reputation & Governance – Voting, Immutable Blockchain Based Reputation Scores
- Arbitration – Dispute Resolution
