The Confideal service is transactional in its nature and revenue is generated by parties involved in their daily financial operations.
Regarding the specific use cases for this platform there are an unpredictable number of scenarios. Here only some of them:
Trade, including international trade with the use of GPS tracking:
– International trade. Many parties are involved in this case. Too much paperwork and complexity in payments will be fixed through using Confideal ecosystem.
– Domestic trade. No need to worry about decency of your business partner(s). Just create contract which shows the cashflow, upload it to the Confideal and recieve exactly what you expect to recieve.
– Offline services. Users can create a contract in Confideal with indication of everything they need like notifications, reports and other forms to consider that work is done correctly and should be paid.
– Online services. Similar to offline service scenario, but in this case not only documents can be submitted as a proof of work, but even work itself maybe uploaded to the Confideal service. (e.g. programming code)
Long-term contracts with delayed or step-by-step payments:
– Scheduled payments contract (e.g. construction contracts). Confideal takes care about payment schedule and after submitting all necessary docs, transaction will be processed.
This is only short list of possible scenarios in which Confideal will be useful. Normally, escrow service is needed on everyday basis, because you can not trust to anyone and, of course, you don’t have to!
Confideal is an automated service, allowing you to carry out international transactions faster, cheaper and safer than it is now, no third parties involved. Service has been built using Ethereum Smart Contracts, optimized for common users.