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fintech
'Smart Contract' Escrow Platform
A fully automated, blockchain-based escrow service. Two parties can lock funds into a smart contract that will automatically release the funds once pre-defined conditions are met (e.g., a shipping number is marked as 'delivered'). Eliminates the need for a trusted third-party escrow agent.
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About this Innovation
A fully automated, blockchain-based escrow service. Two parties can lock funds into a smart contract that will automatically release the funds once pre-defined conditions are met (e.g., a shipping number is marked as 'delivered'). Eliminates the need for a trusted third-party escrow agent.