Paid Network

PAID Network is a comprehensive business toolkit for all business transaction needs. PAID’s SMART Agreements are simplified business contracts that are written in easy-to-understand language and signed on-chain, between two parties conducting business with one another. PAID Network is an ecosystem DAPP that leverages blockchain technology to deliver DeFi powered SMART Agreements to make business exponentially more efficient. They allow users to create their own policy, to ensure they Get PAID.

PAID also utilizes DeFi tools such as borrowing, lending, and insurance pooling. PAID holders can deposit their tokens into liquidity pools for lending and insurance, while also being able to take out loans for their business endeavors, with loan applicants vetted using the reputation scoring system. Finally, PAID also employs a DAICO model, to organize and collect investment for new projects.

Built using Plasm, PAID Network can easily operate on both Ethereum and Polkadot. The network plans to provide a simple, easy-to-use, attorney-free dApp focused on ensuring businesses get paid. It will also ensure that DeFi transactions are carried out hitch-free, therefore making business operations more efficient.