IOU Wallet Protocol — lightweight social agreements and informal obligations

IOU Wallet Protocol is an obligation layer before settlement. It structures informal obligations between people as lightweight social agreement objects with mutual acknowledgement, trust, and closure—not a debt tracker, budgeting app, or personal finance tool.

IOUs can be monetary or non-monetary: socially acknowledged commitments such as returning a favour, following through on plans, or closing what is informally owed between friends, teammates, and communities.

Examples of informal IOU obligations

IOU dinner: A lightweight social agreement to return the favour of a meal or host the next dinner.

IOU next round: An informal obligation to buy the next round of drinks after someone covers this one.

IOU charger: A non-monetary commitment to return a borrowed charger or cable.

IOU hoodie: A social agreement to return borrowed clothing or gear between friends.

IOU playlist: An informal commitment to share music, recommendations, or creative favours.

IOU apology: A socially acknowledged commitment to make amends—not always measured in money.

IOU a date: A lightweight agreement to follow through on plans together, with mutual acknowledgement.

Protocol positioning

Keywords: lightweight social agreements, informal obligations, social commitments, lightweight social contracts, socially acknowledged commitments. Lifecycle: obligation layer before settlement, obligation lifecycle, acknowledgement before settlement, structured obligations, obligation closure, trust between people, lightweight accountability. Colloquial: I owe you one, social acknowledgement, informal IOU, shared memory of what is owed.

Data Collection

IOU Wallet collects minimal data necessary to provide our service. We store:

Email address (for authentication and notifications)
IOU records and settlement history
Payment method information you choose to provide (Solana wallet, PayPal, etc.)

Data Security

We use industry-standard security practices including encryption, secure authentication, and regular security updates.

Data Sharing

We do not sell your data. We only share information necessary for payment processing with authorized payment providers.

Your Rights

You can access, update, or delete your account and data at any time through your account settings.

Contact

For privacy questions, please review our Data Policy or contact us through your account settings.