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0 sats \ 1 reply \ @klk OP 10 May \ parent \ on: Decentralized Shipping Protocol: The Missing Link for a Truly Free Global Market bitcoin
That's why there should be two modalities of snipping:
- Traditional parcels that can be inspected by each hop or “authorities”. Silk road worked through that just by assuming that there's a percentage of packet loss, in which case it's just shipped again. The “advantage” here is that it just affects illegal goods, and illegal goods have such a big margin that they can assume the over cost of that package loss probability.
- Sealed ones that would not go through customs. They would have to be smuggled through each border that they pass. But this is already the case for drugs and similar, just that it would become accessible for anyone.
In any case, the point would be to use whatever infrastructure and methods that exist today, just in a decentralized way and with clear costs for each hop. Enabling economic calculation and a source of Bitcoin income for the intermediaries.
My wife used to work in foreign trade. Some parts are similar to your proposal like when the customer orders the product they pay a 30% deposit. When it's shipped and the customer has the tracking details the final 70% needs to be paid.
Some of the bigger customers never pay a deposit and even pay after receiving the goods.
I think with using Bitcoin for bulk orders an onchain multisig wallet between the factory, distributor and customer might work well.
Smaller orders with LN might need more of an escrow model where the distributor holds funds. There are hold invoices but I think shipping is usually for longer time frames (weeks/months) which I don't think is ideal.
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