Supply Network Payments

can some sort of contract or script or address be created on bitcoin where transferring to that address auto split and pays all addresses defined in that contract address?

so end customer facing businesses neither have to pay their supply chain upfront and take all the risk nor do suppliers need to risk not getting paid when an end customer pays in case they provided supplies upfront.

…instead an end customer paying would auto-split and pay everyone in the supply chain their fair share

Reference:

Orginal Conversation Notes

just thought of you and wanted to ask if it is true that bitcoin has "bolt" invoicing standard and what that means?
also can you set up bitcoin addreses and when you transfer to those they auto-split the funds to many recipient addresses, some of which are again those type of auto-split addreses to transfer some funds onwards - i guess by default it just splits the funds equally between all addreses in the tree, but maybe the edges in the tree can have weights?

or does lightning enable something like that?


serapath, [Oct 30, 2022 at 3:33:58 PM]:
…es

supply chains

like donations or in general a service that is provided just in time

when a customer pays, ot auto pays everyone in the supply chain

based on their share, so it does not depend on the "end supplier" to pay invoices and then those pay their suppliers, and so on…

also doesnt require to pay suppliers to build stock and only get your investment into parts back once an end customer pays