How to expire & use.
OBLIG@TIONS can be used as confirmation payment for ISSUERS SERVISES.
To reserve a service using the OBLIG@TIONS, have the USER name and digital validator ready and insert it during reserving on directly IITO ISSUERs subpage.
The OBLIG@TIONS are valid until fully redeemed within the expiry date.
OBLIG@TIONS are valid for 5 years from the issue date and can be useed direcltly on IITO ISSUERs subpage.
The ISSUERs ability to provide services using DEPOT OBLIG@TIONS is displayed in ISSUERs balance sheet (independent IITO blockchain based ledger) and visible on the IITO ISSUERs subpage.
updated May 28th, 2022: INCREASE THE AMOUNT on the USER's IITO account is possible to confirm by payment no earlier than 14 days before booking. The goal is to protect the rights of consumers and service providers
in accordance with the requirements of The Omnibus Directive
https://eur-lex.europa.eu/eli/dir/2019/2161/oj