[e-gold-list] Re: Release of funds tightly coupled with receipt of goods

2003-06-04 Thread Danny Van den Berghe
> > > Hold on, now I'm confused about something. You said the buyer could go > in and lock the payment. So now neither buyer nor seller has access to > the funds. > > At this point, who has the ability to release the funds? Hi Patrick, I described the complete system in one of my posts yester

[e-gold-list] Re: Release of funds tightly coupled with receipt of goods

2003-06-03 Thread Patrick Chkoreff
On Tuesday, June 3, 2003, at 04:49 AM, Danny Van den Berghe wrote: That is not my job. Because the chargeback handling page is open end, the merchant can put anything in there that will help his case. My system will be only bare bones reversible spend facility. The bare minimum. The 'complaints

[e-gold-list] Re: Release of funds tightly coupled with receipt of goods

2003-06-03 Thread Danny Van den Berghe
> > > UPS provides an XML interface to their tracking system. So you could > > automatically key off such events as (1) item shipped (to a > > certain address) and (2) item delivered. This would, in practice, > > be enough to implement G.O.D. with what exists today. > > ... and great idea. Neces

[e-gold-list] Re: Release of funds tightly coupled with receipt of goods

2003-06-03 Thread Patrick Chkoreff
On Monday, June 2, 2003, at 07:10 PM, Craig Spencer wrote: Yes, but they are not going to do it (don't ask me why). So if you want something that is practical and works you have to design something that does not require their active cooperation. Great reality check (I expect nothing less from Cra

[e-gold-list] Re: Release of funds tightly coupled with receipt of goods

2003-06-03 Thread Craig Spencer
On 2 Jun 2003, at 18:14, Patrick Chkoreff wrote: > I am trying to envision a purchasing system where the release of funds > is very tightly coupled with the physical acts of shipping and > receiving goods. A well capitalized shipping company like UPS might > be able to devise a system like this

[e-gold-list] Re: Release of funds tightly coupled with receipt of goods

2003-06-03 Thread Katz Global Media
A friend of mine and I discussed a similar topic years ago about how the grocery store chains could succeed with an automated delivery service. One of the topics was locked coolers on the outside of a house like a large mailbox. The delivery driver would have essentially held a key with that d