Add Escrow use case from Alibaba.
authorManu Sporny <msporny@digitalbazaar.com>
Tue, 14 Jul 2015 01:58:33 -0400
changeset 799 f941bc6809f4
parent 798 db047079c693
child 800 e4b22fa077e0
Add Escrow use case from Alibaba.
latest/use-cases/index.html
--- a/latest/use-cases/index.html	Tue Jul 14 01:43:06 2015 -0400
+++ b/latest/use-cases/index.html	Tue Jul 14 01:58:33 2015 -0400
@@ -1838,8 +1838,8 @@
 the ACH network to pull money from Pitir's bank account.
               </li>
               <li>
-Fiona shows a QR Code, which contains her payment details, to a cashier when 
-she is checking out. The cashier scans the QR Code and initiates a payment 
+Fiona shows a QR Code, which contains her payment details, to a cashier when
+she is checking out. The cashier scans the QR Code and initiates a payment
 using the details in the QR Code.
               </li>
             </ul>
@@ -2031,6 +2031,34 @@
           </dd>
         </dl>
 
+        <dl id="uc-escrow" class="dl-horizontal">
+          <dt>Escrow</dt>
+          <dd>
+Jack has established an online store on a trusted third party website to 
+sell pants. Mary wants to buy a pair of pants from Jack's online store. 
+Mary doesn't trust Jack because she has never met him nor has she done
+business with him before. Jack doesn't trust Mary because he doesn't know
+if he will be paid after shipping the pants to Mary. Mary makes a purchase,
+selecting to put her money in escrow at the trusted third party. Jack is
+notified that the funds have been received by the trusted third party.
+Jack sends the pants to Mary via Express Mail. When Mary gets the pants, 
+she will tell the trusted third party and they will move the funds 
+to Jack's account. 
+            </ul>
+          </dd>
+          <dt>Target version</dt>
+        <dd>Uncategorized</dd>
+          <dt>Motivation</dt>
+          <dd>
+A trusted third party is typically helpful for non-instant transactions 
+where neither the <a>payer</a> or the <a>payee</a> have an existing 
+relationship. A trusted third party protects the <a>payer</a> by ensuring that
+the <a>payee</a> has been vetted and by guaranteeing product or a refund. The
+trusted third party protects the <a>payee</a> by ensuring that funds from the
+<a>payer</a> have been verified before releasing the product to them.
+          </dd>
+        </dl>
+
         <dl id="uc-notifications" class="dl-horizontal">
           <dt>Notifications</dt>
           <dd>