Natmin Blockchain Escrow ICO: Company Review and NAT Token News Updates

Natmin Blockchain Escrow ICO: NAT Cryptocurrency Token Analysis

According to their whitepaper, Natmin pure escrow is a decentralized platform for escrow services powered by the blockchain technology. It aims to transform the escrow sector by using blockchain technology to perform escrow transactions for reduced prices compared to the present conventional escrow charges.

With a self-regulated system, Natmin is able to offer secure transactions between buyers and sellers for low charges. By using smart contract technology, it’s able to implement and to regulate all Escrow transactions. With no intermediary, the platform is able to charge lower costs and reduce the chances of fraud.

The Natmin token (NAT), operating on the ERC-20 Ethereum blockchain, provides secure transaction between buyers and sellers.

How Natmin NAT Cryptocurrency Token Analysis Works

Step 1: Creating transaction: Either the buyer of the seller can start the transaction process.
Step 2: Agreeing to terms: At this stage, both parties need to see and agree with the terms of transaction
Step 3: Buyer funding the account: Once both parties agree to the terms, the buyer funds the escrow transaction account.
Step 4: Seller sending items: After confirming payment, the seller is notified to send the items.
Step 5: Buyer receiving the items: At this stage, the buyer either confirms receipt of the items or opens a dispute.
Step 6: Escrow releasing funds: Once the transaction is complete, Escrow releases funds to the seller.

Industry Statistics

In the past several years, the rate of online transactions between buyers and sellers has exploded. Unfortunately, cases of fraud in the online have also increased tremendously, especially in situations where buying and selling are involved. By 2018, the cases have already peaked more than 7 million US dollars.

By using a trusted Escrow service to perform the transactions, it could be easy to prevent wanton fraud on various platforms. Natmin Escrow service prides in giving its users a secure Escrow service to eliminate losses due to fraud.

Why Use Natmin Blockchain Escrow?

Natmin believes in top-notch quality of service. They achieve this by focusing on Escrow services. They do not incite users with unnecessary offers or find ways to grab their business because they specialize in Escrow services.

They don’t need to add non-Escrow services to their platform to make it more appealing because they believe it’s not what their customers want. Their customers need Escrow services—and that is what they provide.

Natmin focuses all its energy on Escrow services. They believe their commitment to delivering quality service is what separates them from the rubble. And that’s what makes them a wiser choice in all Escrow services.

Natmin Blockchain Escrow Token & ICO Details

The Natmin token (NAT) is the accepted token that runs the Natmin Escrow platform. They will use it to fund all transactions that take place on the platform. It also provides utmost security and peace of mind to all users.

NAT operates on the ERC20/ERC223 Ethereum blockchain, which is a widely accepted standard. The tokens will be created only during the upcoming Token Generation Event. Besides, all customers on the platform including buyers and sellers will require KYC. Those who will participate in the Initial Coin Offereing (ICO) will be required to do so.