Smartlink has recently introduced a Trust-as-a-Service for web 3.0 via escrow smart contracts for commercial transactions.
Decentralized Escrow Platform for direct transactions
Smartlink, a decentralized escrow solution, enables anyone to seamlessly create enforceable escrow smart contracts to buy and sell products and services with digital currencies. The Smartlink template library includes customizable purchase agreements, which parties can use to define the terms of the sale with ease.
The following explains how the Smartlink escrow model works:
- The platform provides enforceable sales agreements that give buyers and sellers a simple interface to adjust the terms of the transactions.
- Smartlink stores the fund in an escrow smart contracts until the terms are met
- An inspection period is given to the buyer to review the product and service before they approve the payments
- Funds are transferred to the seller upon approval.
Smartlink Escrow Marketplace
Smartlink also offers crypto users a platform where they can buy products and services with their cryptocurrencies.
Multiple industries may find Smartlink to be an ideal solution since it includes digital asset transfer, high-value items, OTC swap, domain name transfers, NFTs, freelancer gigs, and crowdfunding.
CEO and Co-founder of Smartlink, Ben Constanty, said:
“Tokens are reshaping our economic paradigm. We reward users as they use the platform, they can vote on strategic decisions, fees are drastically lower, there’s no chargeback, everything is more secure, fast, and simple.”
Founded in 2020, Smartlink was established as a simple and secure global solution to buy and sell products and services across the world, protecting the users from losing money to possible scams.
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