Nutrilifeio OÜ

Let's take the simple example of a transaction of NLC Token between Aahva is Nutrition Expert based in UK and Ken a citizen based in Hong Kong. tHE Script – Ken takes Aahva’s counseling services related to daily nutrition supply. Aahva and Ken are both registered NutriLife users.

Process Flow:

1. Ken logs into his account using a private key (password).

2. Aahva’s name is shown in the list of service providers which Ken shortlisted earlier. Ken decides to take Aahva’s services and deposits 100 NLC Tokens in the    D-escrow system managed.

3. This information is placed on the next available block and taken to the underlying blockchain network.

4. The blockchain verifies both data sets. The Receiver Address is checked against the user database to find the account which is mapped to the NutriLife ID. The financial records of Ken are checked to ensure that he has enough credit balance to transfer 100 NLC tokens.

5. Once the blockchain finds positive response for both the queries, it proceeds with the transaction. The amount (100 NLCs) is deducted from Ken’s account and is added to “D-escrow System”, the new available balance is updated for both the accounts on the blockchain record. Aahva is also informed (push notification/email).

6. Once Aahva completes her service, Ken is notified and who in turn accepts the payment request from Aahva.

7. The process as given from Step 2 above is repeated; but this time between NutriLife and Aahva where applicable NLC tokens & after deducting NutriLife 0.01% & transaction fees are deposited in Aahva’s account & wallet gets updated.