PAID Network is a comprehensive business toolkit for all business transaction needs. Traditional legal contract systems obligate the participants to employ legal counsel, using long and complex contracts filled with legal jargon that is difficult to understand. PAID’s SMART Agreements are simplified business contracts which are written in easy-to-understand language and signed on-chain, between two parties conducting business with one another. To support this process, escrow, insurance, dispute arbitration and resolution have been developed to deal with disputes. Escrow functions as an intermediate store of value to reduce transaction risk between parties, while insurance allows either party to insure their contract against default. In the event of a dispute, three arbitrators are selected at random from the community. Arbitrators gain the rights to arbitrate by staking PAID tokens. Chainlink’s random number generator is the mechanism by which arbitrators are selected. Furthermore, biometrically-enabled reputation scoring prevents bad actors from creating new accounts to defraud future business contacts, and allows other business contacts to view others’ transaction histories and feedback. In addition to the features mentioned above, PAID also utilizes DeFi tools such as borrowing, lending, and insurance pooling. PAID holders can deposit their tokens into liquidity pools for lending and insurance, while also being able to take out loans for their business endeavors, with loan applicants vetted using the reputation scoring system. Finally, PAID also employs a DAICO model, to organize and collect investment for new projects. New blockchain projects are monitored and measured against their project roadmaps, with accountability to investors not seen in traditional ICOs. In the event a project is falling well short of it’s promises to investors, those investors can receive refunds from the respective company. This risk-mitigation strategy reduces overall risk for investors and forces new projects to be better prepared....