π‘Physical Goods Trading Process
Buyer selects a Standard goods inscription as source material and recursively generates a souvenir inscription with the physical goods' pattern. After payment, goods and souvenir inscription are shipped. Payment can be made via Bitcoin, other cryptocurrencies, or traditional methods. Order information should include:
Recipient's wallet address (required): Specifies the buyer's Taproot address.
Email address (required): The buyer's email address.
Buyer's social media account (optional): Used for better communication with the buyer.
Buyer's name, address, contact phone number (required): Used to accurately deliver the physical goods to the buyer's address.
Order amount: the transaction price is denominated in sats and converted to the prevailing amount in US dollars or other currencies.
This transaction involves physical goods in traditional e-commerce. Cooperate with e-commerce platforms or create your own B2C/P2P platform. The souvenir inscription is issued when the buyer confirms receipt and doesn't return the goods. It serves as a consumption voucher and asset on the Bitcoin chain. To ensure security, use a reputable bitcoin payment intermediary. Buyer pays bitcoin to the intermediary. After receipt confirmation, the intermediary settles the payment. Alternatively, a refund process can be initiated. This method prevents counterfeiting and promotes goods via the Bitcoin blockchain, enhancing user engagement. Recommended for adoption.
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