Secure Trade Platform

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Trader User Stories ​

The Trader role in the SecureTrade Platform encompasses both buyer and seller perspectives, focusing on PayPledge creation, management, and execution. Traders can act as either buyers (issuing PayPledges) or sellers (requesting PayPledges) depending on their business needs.

User Stories ​

Wallet Management ​

  • As a trader, I want to register with my email address so that I can access the platform easily
  • As a trader, I want my wallet to be pre-generated so that I can start trading immediately
  • As a trader, I want to receive email notifications about PayPledge requests so that I can respond promptly
  • As a trader, I want to see my wallet balances so that I can track my collateral and ETH holdings
  • As a trader, I want to fund my wallet with collateral tokens and ETH so that I can participate in PayPledge transactions

PayPledge Management (Buyer Perspective) ​

  • As a trader acting as a buyer, I want to receive email notifications about PayPledge requests so that I can review them
  • As a trader acting as a buyer, I want to see PayPledge request details so that I can understand the terms and conditions
  • As a trader acting as a buyer, I want to issue PayPledges based on seller requests so that I can secure goods and services
  • As a trader acting as a buyer, I want to set payment terms so that I can control my cash flow
  • As a trader acting as a buyer, I want to specify performance conditions so that I can ensure quality delivery

PayPledge Management (Seller Perspective) ​

  • As a trader acting as a seller, I want to request PayPledges from buyer wallet addresses so that I can secure guaranteed payments
  • As a trader acting as a seller, I want to specify payment terms and conditions so that I can control my cash flow
  • As a trader acting as a seller, I want to set performance requirements so that I can ensure proper delivery standards
  • As a trader acting as a seller, I want to track PayPledge request status so that I can follow up with buyers
  • As a trader acting as a seller, I want to receive notifications when buyers respond so that I can act quickly

Performance Management ​

  • As a trader acting as a seller, I want to fulfill performance conditions so that I can trigger payment
  • As a trader acting as a seller, I want to provide evidence of delivery so that I can prove completion
  • As a trader acting as a buyer, I want to verify condition fulfillment so that I can ensure quality delivery
  • As a trader, I want to track PayPledge status so that I can monitor progress
  • As a trader, I want to manage multiple PayPledges so that I can handle multiple orders

Receivables and Payment Management ​

  • As a trader acting as a seller, I want to track outstanding PayPledges so that I can manage my receivables
  • As a trader acting as a seller, I want to monitor payment status so that I can ensure timely collection
  • As a trader acting as a buyer, I want to manage payment settlements so that I can complete transactions efficiently
  • As a trader acting as a seller, I want to access early financing so that I can improve cash flow
  • As a trader, I want to receive payment notifications so that I can confirm receipt

Dispute Resolution ​

  • As a trader, I want to raise disputes when needed so that I can protect my interests
  • As a trader, I want to respond to disputes so that I can resolve conflicts
  • As a trader, I want to provide evidence for disputes so that I can support my case
  • As a trader, I want to track dispute resolution so that I can learn from issues

Interface Access ​

  • As a trader, I access the SecureTrade Trader interface so that I can manage my PayPledges
  • As a trader, I want to have a user-friendly dashboard so that I can easily navigate the platform
  • As a trader, I want to receive email notifications so that I can stay informed about important events
  • As a trader, I want to have mobile access so that I can manage PayPledges on the go

Key Responsibilities ​

PayPledge Issuance Process (Buyer Role) ​

  1. Email Registration: Sign up with email address for easy access
  2. Wallet Access: Use pre-generated wallet with funded tokens
  3. Request Review: Review PayPledge requests from sellers
  4. PayPledge Creation: Issue PayPledges with appropriate terms and conditions
  5. Status Monitoring: Track PayPledge progress through lifecycle

PayPledge Request Process (Seller Role) ​

  1. Request Creation: Create PayPledge requests for specific buyers
  2. Terms Setting: Define payment terms and performance conditions
  3. Buyer Notification: System sends email notifications to buyers
  4. Status Tracking: Monitor request status and buyer responses
  5. PayPledge Acceptance: Accept PayPledges when buyers issue them

Performance Fulfillment (Seller Role) ​

  1. Condition Setting: Define what constitutes successful performance
  2. Delivery Management: Fulfill delivery or service obligations
  3. Evidence Provision: Provide proof of performance completion
  4. Status Updates: Update PayPledge status to reflect progress
  5. Quality Assurance: Ensure delivered goods/services meet standards

Payment Management (Both Roles) ​

  1. Balance Monitoring: Track collateral and ETH balances
  2. Payment Terms: Set appropriate payment terms for cash flow management
  3. Settlement Processing: Complete payments when conditions are met
  4. Record Keeping: Maintain transaction history and documentation

Performance Oversight (Buyer Role) ​

  1. Condition Setting: Define performance requirements for sellers
  2. Verification: Confirm that conditions have been met
  3. Quality Assurance: Ensure delivered goods/services meet standards
  4. Dispute Management: Raise and resolve disputes when necessary

Benefits ​

For Buyers ​

  • Pre-funded Wallets: Immediate access to trading capabilities
  • Email Notifications: Proactive communication about PayPledge requests
  • Automated Lifecycle: Smart contract-driven PayPledge management
  • Flexible Terms: Customizable payment terms and conditions
  • Dispute Resolution: Built-in mechanisms for conflict resolution

For Sellers ​

  • Guaranteed Payments: PayPledge backing ensures payment security
  • Automated Tracking: Real-time monitoring of PayPledge status
  • Early Financing: Access to liquidity through PayPledge collateral
  • Performance Management: Tools to track and improve service delivery

For All Traders ​

  • Mobile Access: Manage PayPledges from anywhere
  • Unified Interface: Single interface for both buying and selling activities
  • Comprehensive Dashboard: Complete view of all trading activities
  • Automated Workflows: Streamlined processes for efficient trading