Reef Chain Announced An Upcoming Integration With Ethbox

Published on: 09.09.2021

Reef Chain integration with ethbox an on-chain escrow platform that prevents lost funds due to setting an incorrect recipient address! Instead, ethbox users set up a transaction, insert the recipient’s address, set an optional passphrase, set the transaction value, and send.

This integration will bring an amazing escrow service onto Reef Chain, granting a greater number of users the ability to utilize ethbox’s escrow services and benefit 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.

The ethbox team will deploy its on-chain escrow service in the coming weeks to Reef Chain, and are eager to continue adding more products to the current offering.

About ethbox

ethbox at its core 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.

About Reef Finance

Reef Finance is building Reef Chain, a DeFi 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.

➡️Source:
https://medium.com/reef-finance/escrow-service-ethbox-launching-on-reef-finances-reef-chain-3304011d16ec

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