[bisq-network/proposals] Certification for ownership of a bank account (#23)

[Félix]

Example of the idea above:

Alice wants to verify her fiat account with Bisq to get the "verified" badge on all her offers.

1. Alice pays 100 BSQ to write the **initial verification tx** on the Blockchain. This tx includes a hash of that bank account IBAN.

2. Every subsequent trade performed with that payment account will allow Bob (seller) to burn 10 BSQ and "verify" Alice through a simple **upvote** / thumbs up mechanism.

3. If a trade is unsuccessful Bob can also end the dispute mechanism by **downvoting** / reporting the account at a cost of 100 BSQ.

4. Arbitrator Charlie can also report / downvote an account by making a BSQ tx to the address.

5. Just by looking at the BSQ address related to a payment account, we can see the full history of successful or failed transactions.

This decentralized reputation would show up as a "verified" badge next to the offers created by Alice using that account.
  

-- 
You are receiving this because you are subscribed to this thread.
Reply to this email directly or view it on GitHub:
https://github.com/bisq-network/proposals/issues/23#issuecomment-487031627
-------------- next part --------------
An HTML attachment was scrubbed...
URL: <http://lists.bisq.network/pipermail/bisq-github/attachments/20190426/099b2434/attachment.html>