Cryptocurrency

How to Create an Escrow Contract on Ethereum

How to Create an Escrow Contract on Ethereum

Escrow agreements are a quintessential method of safely transacting money for goods. However, any institution that runs escrow services cost money- the higher the value of the sold good, the more money goes to the escrow institution. How can the blockchain solve this issue, while still maintaining a trustless system? In this video, Niloo teaches us how an escrow contract can be built on the Ethereum platform!

To learn more about smart contracts, Ethereum, escrow services and anything blockchain, check out www.blockgeeks.com

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