Consumer Prepayments to Corporations

Use Cases

About

Use Case Category	Use Case Description
rCBDC	This use case explores consumers using programmable money tied to a digital currency for prepaying corporations for future goods/services. Funds are released to the corporation upon delivery of the goods/services.

Description

Key Stakeholders:

• Consumers making prepayments

• Corporations receiving prepayments

• Digital currency issuer

Story:

1. Consumer funds wallet with digital currency

2. Consumer creates programmable money with prepayment conditions

3. Consumer pays corporation using programmable money

4. Digital currency transferred to corporation's wallet

5. Corporation delivers goods/services

6. Corporation can redeem digital currency after fulfilling obligations

Preconditions:

• Consumer needs to prepay corporation for future goods/services

• Digital currency and programmable money platform exist

Postconditions:

• Corporation receives payment after delivering goods/services

• Consumer is protected if corporation doesn't deliver

Key Benefits:

• Consumer protection for prepayments

• Alternative to escrow accounts

• Conditional payment controls for consumers

• Corporations assured of future revenue

• Automated payment upon delivery

Example Solution Provider

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