What is the AleoIOU?

  • An IOU is a legal document that sets out the details of a loan made between two people, a borrower, and a lender. The note clearly outlines the borrower’s promise to fully repay the lender within a specified time.
  • It includes all the terms and conditions of the loan transaction and ensures the parties have a thorough and complete written record of the deal and their intentions. As such, the note should be finalized before any money changes hands. The document also acts as a formal record of the transaction.
  • Aleo IOU provides an electronic voucher service for lending and borrowing Aleo tokens on the Aleo public chain through smart contracts. It also offers corresponding electronic voucher PDF format file downloads.
  • Aleo public chain encrypts sensitive information of Aleo IOU to ensure data privacy, while the public data part is available for third-party verification of data authenticity.

Why choose AleoIOU?

Authoritative KYC

Aleo IOU conduct real-name authentication of the Aleo wallets of both the borrower and lender through authoritative KYC, ensuring fair transactions and asset security.

Safe and security

Both the borrower and lender of the Aleo IOU need to authorize relevant key operations such as creation, signature, and transfer through their respective wallets.

Data on chain

Aleo public chain encrypts sensitive information of Aleo IOU to ensure data privacy, while the public data part is available for third-party verification of data authenticity.

truly transfers

Only when the lender truly transfers funds according to the promissory note and succeeds can the Aleo promissory note become effective.

Automatically destroyed

When the borrower repays the corresponding amount of Aleo according to the Aleo promissory note, the relevant record of the Aleo promissory note will be automatically destroyed.

Complete function

In the future, Aleo IOU will have rich extension functions such as guarantors, overdue exchange rates, and installment payments.

Roadmap

Our goal is to consistently develop cutting-edge and decentralized items that provide users with autonomy and security over their digital assets. The roadmap may evolve as we embrace emerging technologies and user input. Stay tuned for further updates!

What our customers say

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