RetainerCrypto.Online or RCO is going to be used in conjunction with law and/or legal and/or related types of services to commit an amount of funds to a transaction, but to only fully transfer part of the funds to the agent receiving the funds and providing service. If there is a dispute of a disbursement, the agent can be replaced and the client can begin to pay them with the undisputed funds. The client’s case profile will also anonymously go onto a case board with the basic description of the case and attorneys and other agents will compete to become the client’s new agent.
We are first going to start with just a simple ERC20 Token and ICO with a name very similar to RCO and have a link to the ICO Website from this page. We are going to make it possible to pay retainers through DocupletionForms.com using this ERC20 Token, and then we are going to build the final smart contract that will allow for the above described type of transactions where it will be possible to replace the person receiving the funds.
The project is designed to provide an alternative to Trust Accounting and/or the Escrow Process. The final stage is going to be our own BlockChain Crypto Network with Smart Contracts that function the same way as our previous RCO Ethereum Network Crypto Coin did. The network we propose making will be a Stable Coin Network based on the USD.
Our ideal model might be the Utility Coin Model with the RCO Coin purchased and sold for the price of $1 (with a small transaction fee) and then with the Smart Contract of the Coin functioning as described above.
Thank you for reading about RCO and RCO ERC20