# 2.1 Transaction Use Cases

Usability and convenience lie at the core of the SmartLeCo Ecosystem and its native Product's applications and web services, as they drive integration and as each day passes it is becoming “The everyday business and people's currency”. This integration means it is very simple to make a transaction. The following examples will outline a typical transaction between a project and a customer. In this case, the project is a global, physical business, for example in our case, an innovative portal for cyclists.

• The client enters the application and selects the desired service package.

• The invoice is generated.

• In the next step, the customer can confirm the transaction, whereby it will be automatically signed, and the respective amount will be sent to the project’s address.

• Finally, after the transaction is processed on the blockchain, the project gets a confirmation of the transaction and can immediately access the transferred funds.

• Paid services are automatically activated for the client.

As part of this process, the fee for the transaction will be added to the requested amount and will be automatically distributed between the validators of the network.

On the other hand, the SmartLeCo ecosystem participants are the holders of the SLCT token that they acquired during the public sale round or bought on the DEX and thereby took part in the development and maintenance of the ecosystem and products in particular.

The project, in this case, the innovative portal / App for cyclists, will constantly generate income, which will be distributed among SLCT token holders and paid out as rewards (in USDT or SLCT) on a weekly basis.

In this case, the technology of tokens batch sending will be used and the network commission will be paid by the project itself.


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