Hum Beep aims to provide a system for buying and selling that is
safe and sound, transparent and enforceable.
Read the Story and discover the Benefits of Hum Beep.
At the moment, HumBeep is a process in process. This page currently
describes an early draft of a future system. It lives on linode in
the cloud. The page will be updated as things gradually get
working. Meanwhile please send us your email address for
development milestone announcements.
Hum... Beep! It's a process.
Here's the idea. You go in, you sell or buy, your partner in the
transaction buys or sells, the process hums hums, then beep! you get
your money, or you get what you bought, both sides happy.
Instead of Visa and MasterCard charging you 2.75%, you use Hum Beep
with a digital currency (we aim to BitCoin, Lightning, and
Ethereum), and the cost of transactions can be reduced by more than
5x, or more if you are subject to minimum transaction fees.
- Seller link generator here
Create your own link to copy into your selling page, craigslist,
onoffer, whatever. Put in your description, price, terms, get
something to cut-and-paste for the buyer to click on to make the
deal with you.
- Seller App here You tell it
where to send your money, what kind of money you
want. You use this to tell the Judge you're ready, you
approve the buyer's request, you shipped the
deliverable, it tells you to proceed, the buyer paid,
the judge is sending you your money, the money arrives
and you can see it, transfer it out. So it's a digital
currency wallet manager as well as a UI for selling.
- Buyer App here Comes up when
you click the seller's link. Use it to say you agree to
the purchase terms, to send some money to the Judge who
will send it on to the Seller after you are happy with
the deliverable, and to tell the Judge you got it and
maybe handle a return if it got broken in transit. So
it's a wallet to send from, and a User interface for
Judge service lives here The
Judge makes sure everyone is happy at every step: That
everyone agreed to the terms, that the money is put up
at the right time, paid at the right time, that the
buyer agrees that the delivery is accepted before the
seller gets paid. The judge is software following the
logic of a protocol, and the protocol makes sure the
transaction is trustworthy.
Fees. HumBeep transaction cost is just the cost of
the underlying digital currency transaction, plus
less than 1/2 of one percent. There's no minimum fee.
In the American credit card system, Visa/MasterCard
transactions cost five times this much and more, with minimums
that make small transactions impossible. Here you can try it on
something small, there is no membership or application fees.
- Legal. Read the Hum Beep Purchase and
Sale Contract, which you must agree to before engaging in a
Hum Beep transaction.
For questions or problems please contact me.