Would you try a blockchain app for instant load payments with a 1–2% fees?

Discussion in 'Ask An Owner Operator' started by Mason1988, Jun 12, 2025.

  1. Mason1988

    Mason1988 Bobtail Member

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    How long do you currently wait for payment?

    On a scale of 1 - 5 (5 being very likely) would you feel about trying an app that pays you immediately after you upload the POD?
     
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  3. Big Road Skateboard

    Big Road Skateboard Road Train Member

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    What are the terms of the contract?
     
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  4. Mason1988

    Mason1988 Bobtail Member

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    There are no terms or contract.
     
  5. abyliks

    abyliks Road Train Member

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    7-21 days depending on customer with 0 fees
     
  6. Big Road Skateboard

    Big Road Skateboard Road Train Member

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    So I decide to run a load for Joe Blow broker with no credit, and you're gonna buy it with no recourse?
     
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  7. Ruthless

    Ruthless Road Train Member

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    exactly
    Just send him your bank account information and Social Security number and all your dreams will come true!
     
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  8. Mason1988

    Mason1988 Bobtail Member

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    Probably best to stay away from Joe Blow broker with no credit. Pretty positive that's the first thing you look into when you're deciding to run a load for a broker...

    Set lists of onboarded brokers and set up along the way.
    Registration
    Payment Default Insurance
    Dispute Resolution
    Credit Checks
    Escrow Mandates
     
  9. Big Road Skateboard

    Big Road Skateboard Road Train Member

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    So, what are you gonna do if an approved broker doesn't pay? What dispute will you help with? I don't understand I guess.

    If there's no contract, I'm gonna upload a signed BOL and rate con from an approved broker, you're gonna pay. End of story. Right?
     
  10. Big Road Skateboard

    Big Road Skateboard Road Train Member

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    I just had my checkbook out gettin the #'s
     
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  11. rollin coal

    rollin coal Road Train Member

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    Blockchain? Cool buzzword. Just what trucking needs another middleman taking a cut.
     
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