Request Network

About A decentralized network for payment requests

• Make payment requests from anyone worldwide
• Payment requests are stored on secure, immutable ledger
• Create, store, and access invoices and receipts with no third party involved
• The network uses REQ tokens built on the Ethereum blockchain for efficient transactions at the click of a button

From the Request Whitepaper:

“Anyone can write on the Request Ledger and create a Request for Payment. The Request can be detected by the recipient monitoring the network (via a wallet or via a financial application). If the request is approved by the user, it can be paid with a single click. Then the request is completed and the network is updated.”

“Bob asks Alice for a payment, then he creates an (invoice) request and relays it to the blockchain; Alice’s wallet detects the Request and processes the payment. In the case where Bob was on Amazon and Alice was making a purchase, Amazon creates a Request on the blockchain, Alices phone analyzes the blockchain and detects the request, sends a notification, and she agrees to pay.”