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[Music] hey guys whats up today were gonna be going over a simple escrow contract escrow contracts are super super simple and theyre super useful in the context of blockchain so for example imagine if you wanted to just do a transaction with somebody you wanted to buy lets say look actually from my personal experience I was trying to buy a coat from someone on Kijiji and we were in different cities so we couldnt actually like meet up in person to do the trade and we didnt end up doing the transaction because each one of us was kind of afraid like I was kind of afraid that if I paid her she wouldnt send me the coat and she was afraid that if she sent me the code I wouldnt pay her so it was just this kind of weird like back and forth and we ended up not doing the transaction right so if I known about escrow contracts back then I would have probably just like drafted up a simple escrow contract and done the transaction that way so instead of having to put our look Mike instead of