Descrow Platforms
We are building a Decentralized escrow services platform where we strive provide more trustless solutions which will provide a clear transparency to Customers , Organisations and Governments using FEVM to bring down frauds and scams drastically.
Project Description
We have made the first ever Decentralised Escrow service Platform where anyone can make agreements with anyone and A decentralised ecommerce marketplace where anyone can buy / sell anything and everything possible via decentralised escrow . Feature 1 : Anyone can make contracts / agreements , Check pending , active and Close Agreements . To get started , You need to connect the wallet , Once connection is established with wallet , then contract setting process can be started. The owner can be a buyer or seller . The user need to enter the contract details , Upload terms and conditions with our template:
https://docs.google.com/document/d/1AHHA6zeyY66NTdUoq8aK58oaNmXgjKaCbsURQEhCVB0/edit?usp=sharing
then , setting up timelines of the agreement and proceeding finally with payments. Once , payment is made , the amount get deposited into the escrow and as per terms and conditons the payment is released to the seller once all the requirements are satisfied . If the user not able to fulfill the requirements then , the amount is refunded to the buyer .. While setting up the terms and conditions between both the parties , they can connect with each other via Huddle messaging or Video calls ,If needed..
Feature 2 Of Descrow Platforms : A decentralised Ecommerce marketplace , where anyone can buy / sell item and services . Once the user selects the product from the marketplace , and places a order with payment then , the automatic Contract agreement is generated between the buyer and seller and the seller recieves amount once the order requirements are fulfilled.
Due to time limitation , we were able to only work on one feature and not able to fix the frontend due to shortage of time , whereas there are lot of use cases possible in Escrow Services .. Eg :: https://docs.google.com/spreadsheets/d/15bO8oR6hROMHG2GamSQCPCuk7dKsZYWqrXrdZg0houY/edit?usp=sharing
How it's Made
Huddle : For video calling and messaging during setting up terms and conditions .. Livepeer : For processing of Video Push : For Notifications after every step of contracts executes successfully.. Lighthouse : For permanant storage of agreement generated and video calls Filecoin : contracts and agreement will be saved on filecoin and FEVM is used for deployment of contracts React : For creating frontend Javascript : connecting with frontend
