IOU Banker helps keep track of 'I Owe You's (IOU)s between any 2 parties. IOUs are another way of describing a system of credits and debts. IOU Banker assist in creating agreements of a determined value between 2 parties that mutually agree on terms and where the receiver is required to accept or decline the IOU transaction. It facilitates record keeping and encourages local trade and economic activity without the need for government issued fiat currencies or cash. IOUs can be denominated in a variety of currencies or common commodities. You can Issue IOUs to others or Request IOUs (Invoice) from others you share trust with. Ripple features coming...
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