Closed fosterlynn closed 9 years ago
Talked to Tibi, he is fine with doing it this way, i.e. cash contributions are made into a virtual account, the payment is made from the virtual account for the equipment, and the distribution needs to find the contributions from the virtual account. In terms of management of the earmark virtual accounts then, they should be used only for the equipment purchase, then left at zero.
Done.
For example, Sensorica is buying a 3d printer from contributions from various individuals, who will jointly own the printer until everyone is paid back.
Best: Create an earmark virtual account for the printer fund, people's contributions are Cash Contributions into that resource. When the printer is purchased, use money from that virtual account in the Purchase. Need to check and see if this will work now.
Then we need to add to the value flow logic to be able to see the virtual account that paid for the equipment, and distribute to those who contributed to the virtual account.
In this solution, it would be necessary for the network to manage the virtual accounts that are earmarks for specific purchases. So once the purchase is made, the account should be zeroed out, and not used again for something else.