Welcome to eIOU
eIOU makes it possible for everyone around the world to track and settle obligations with trusted contacts — like IOUs, but on the internet.
An eIOU is a digital version of the IOU with the added benefit of being able to track obligations across a network of trusted contacts. The eIOU protocol enables peer-to-peer debt tracking between individuals, providing a transparent way to record, route, and settle interpersonal debts through trusted connections.
🔗 Facilitate Credit Through Trusted Connections
Users can facilitate credit between their contacts through the eIOU network. When an obligation needs to travel through multiple hops to reach its destination, intermediate nodes help bridge the trust gap between parties who aren't directly connected. This creates a collaborative network where users who maintain trusted connections help extend the network's reach.
The more connections you have and the more you participate in the network, the more you help strengthen the credit network.
🔗
Trusted Connections
- ✅ Connect on the platform with people you trust
- ✅ Exchange IOUs digitally with verified contacts
- ✅ Build your own network of trusted relationships
- ✅ Privacy-focused design with Tor compatibility
⚡
Peer-to-Peer Obligations
- 🚀 Record debts with anyone in your trust network
- 🚀 Direct peer-to-peer connections
- 🚀 Credit facilitation through trusted connections
- 🚀 Multi-hop connections for extended reach
📒
Interpersonal Debt Tracking
- 📝 Record and track obligations between peers
- 📝 Transparent credit balances
- 📝 Flexible settlement options
- 📝 Not a cryptocurrency, token, or digital asset
🌐
Open Protocol
- 📖 Open source (open alpha)
- 📖 No central authority or control
- 📖 Community-driven development
- 📖 Docker deployment available
How eIOU Works
1️⃣
Create Your Node
Set up your eIOU node and establish your identity on the network
2️⃣
Connect with Others
Add trusted connections and set credit limits for each relationship
3️⃣
Start Transacting
Track and settle obligations through your network of trusted connections
Ready to Get Started?
Experience the future of peer-to-peer credit with eIOU