All payment transactions are made in escrow, with the network itself acting as the third-party. Escrow transactions are completed when both parties agree that all the conditions of the sales agreement have been met. Payment is then transferred to the seller’s account. Individual parties may choose to automatically agree that terms of escrow have been met based on a condition of the opposite party. Multiple members may receive the benefits of a PoL but controlling interest in the product of labor is proportional to the amount contributed and subject to the conditions agreed upon by the parties involved. Transaction for Products of Labor are ledgered by use of double entry bookkeeping. Transactions are by default visible to the public unless both parties agree to make the transaction private. Public transactions serve both as advertisement and a metric of popularity to be used to determine supply and demand across the network for PoL's.
Every transaction on the network may be subject to conditions created by the parties involved in the transaction. Transactions begin with the offer phase, become binding during the acceptance phase, and end with the fulfillment stage. Conditions serve as a form of negotiation during the offer phase of a transaction and after all conditions are accepted by both parties, it serves as the terms by which the fulfillment stage is completed. When all conditions are met by both parties it enters the fulfillment stage. At this point currency held in escrow will be transferred to the receiving party.
Conditions will be written by use of a markup language that serve as shorthand for programming the escrow system(smart contracts). This mark up language will be used to track any data related terms of the transaction such as time based rules, member confirmations, penalties, diminishing returns, recurring payments, increasing returns or whatever other logical and legal constructs can be agreed upon. The network also feature a condition building and management tool to facilitate easy entry of conditions.