Escrow Service ethbox Launched on Reef Chain

This post was originally published here

Nov 2 · 2 min read

Reef Finance, the builders of the Ethereum VM-compatible smart contract blockchain called Reef Chain, are proud to announce that ethbox, the leading on-chain escrow platform, has launched on Reef Chain!

This integration makes it possible for Reef Chain users to take advantage of this amazing escrow service on Reef Chain, granting Reef users immediate access to ethbox’s escrow services and benefiting from its signature transaction protection with reversible transactions, trustless OTC trading, and privacy-enhancing features. Transactions can be cancelled at any time, as long as the recipient has not yet claimed the funds.

We previously explained all the benefits Reef users would receive in a previous announcement.

This deployment also marks the kickoff of a time period where the Reef Finance team expects many more dApps to deploy on Reef Chain over the coming weeks and months. We are all incredibly excited about the ecosystem being built, and how Reef Chain will save users fees thanks to Reef’s low cost transactions and high scalability.

You can use ethbox on Reef Chain now by visiting https://ethbox.org/app. Select “Connect,” choose “Polkadot{.js}” from the wallet list, and then choose “Reef Mainnet” from the network list!

ethbox is a set of blockchain tools that gives customers everything they need to send, receive and trade digital assets in a safe and secure manner and empowers businesses to adopt flexible, reliable crypto services into their offerings. Users no longer need to worry about sending transactions to the wrong address, or ensuring that their transactions are secure and private — ethbox has you covered. ethbox gives token and NFT holders the ability to conduct private trades without the need for a centralized exchange. Trustless, no account setup, no red tape — Just connect your wallet and start using it.

biswap

Reef Finance is building Reef Chain, a smart contract blockchain built using Substrate Framework. Reef Chain provides high scalability, enabling almost instant low-cost transactions, and supports Solidity and EVM, allowing developers to seamlessly migrate their DApps from Ethereum without any change in the codebase. Our vision is to make DeFi easy for everyone to invest in and build DeFi applications on top of Reef Chain.

Join our social channels:

Leave a Comment