Promises contract: a payment and loans instrument
similar to forward contract
I made a paper maybe it helps people understand it better ,sry for my bad english i am not a native speaker.
https://www.scribd.com/document/454648516/Promises-contract-a-payment-and-loans-instrument
https://ia601500.us.archive.org/15/items/promises_202004/promises.pdf
What do you think ?
Benefit for buyer:
If your a buyer you can buy product "X" or service "Y" at today's price instead...
Promises contract: a payment and loans instrument
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