I`m thinking about building a business with a friend of mine. The business would use bitcoin as its primer currency, because we expect most of the transactions to be rather small amounts of money (1 to 5 $).
I don`t really want to go into details about the idea, but our goal is to only operate as a middleman in the market. The transactions of our business would have to happen as follows: The user sends us a small fraction of a bitcoin and would define a time frame after which the money should get transferred to another user. From this amount we would take some % for us as profits.
The problem is, our idea would only work if there were a lot of users. And if we achieve this, it implies that we have too many transactions to handle them manually. So my question is, how can we automatically transfer the coins after a certain time, in a professional way? User a for example would define that he wants his money to get transferred to user b after 2 days and 1 hour. How can we do this transaction in an automated way. And how can we store the coins securely within this time? Do they have to be online the whole time, or could we have a better solution whit cold storage in some form? Any suggestions?
Thanks guys