Escrow Solutions for Digital Assets

“Transactions that are computationally impractical to reverse would protect sellers from fraud, and routine escrow mechanisms could easily be implemented to protect buyers.” Satoshi Nakamoto describing some of the desirable security requirements for Bitcoin in his seminal whitepaper. One of the biggest drawbacks of cryptocurrency is that it enables two parties anywhere in the world to electronically send and receive value securely, in a matter of minutes and without the need for expensive, error-prone intermediaries. But what happens when you want to purchase physical goods using your cryptocurrency? Or perhaps you want to buy some cryptocurrency from a local seller (i.e…....