Use Cases

Marketplaces

Marketplaces are a perfect fit for Trustless Work because they require a high level of trust between buyers and sellers who often have no prior relationship. Trustless Work provides a decentralized escrow service that:

• Securely holds payments until both parties fulfill their commitments, ensuring buyers receive what they paid for and sellers are guaranteed payment.

• Leverages blockchain technology to eliminate the need for costly intermediaries.

• Minimizes transaction delays by enabling secure, near-instant settlements with minimal fees.

Additionally, Trustless Work allows marketplaces to:

• Create flexible and transparent payment flows that fit their unique needs, such as milestone-based releases or delivery verification.

• Provide optional dispute resolution layers to offer extra assurance to their users, enhancing overall trust and reducing friction in cross-border transactions.

This makes Trustless Work an ideal solution for marketplaces looking to provide a secure and efficient transaction experience.

E-Commerce

E-commerce platforms can greatly benefit from Trustless Work by addressing critical challenges related to trust between buyers and sellers, especially when payments are made using cryptocurrencies. While crypto payments are final and irreversible, this can increase the risk of fraud or non-delivery, as there is no mechanism for chargebacks or payment reversals if a product or service isn’t delivered as promised. Trustless Work helps mitigate these risks by providing a decentralized escrow solution that:

• Secures payments until delivery is confirmed, ensuring that sellers only receive funds once the buyer has verified that the product or service meets expectations.

• Adds a layer of trust to crypto transactions by holding funds in escrow until both parties are satisfied, reducing the risk of fraud and ensuring accountability.

Additionally, Trustless Work allows e-commerce platforms to:

• Introduce milestone-based payment releases, ideal for complex or high-value transactions where payment can be released in stages.

• Offer flexible escrow terms, providing buyers and sellers with options for dispute resolution and arbitration to manage any issues that may arise during a transaction.

For businesses that require deposits, such as car rentals, hotels, and other booking services, Trustless Work provides a secure way to handle deposits:

• Hold deposits securely until all terms are met, such as returning a rental car without damage or fulfilling a hotel stay without incident.

• Automate deposit refunds upon meeting predefined conditions, eliminating the manual process and disputes often involved in deposit handling.

By offering a decentralized, transparent escrow service, Trustless Work helps e-commerce platforms and businesses that require deposits create a secure and trustworthy transaction environment, ultimately enhancing customer confidence and reducing the risk of financial disputes.

Real Estate

Real estate transactions are often complex, involving significant amounts of money, multiple parties, and a high level of trust. Trustless Work provides an ideal solution by simplifying and securing the transaction process through decentralized escrow services that:

• Hold funds securely until contractual obligations are met, ensuring that all parties—buyers, sellers, and agents—are protected throughout the transaction.

• Facilitate milestone-based payments, such as releasing funds upon completing specific steps like inspections, title transfer, or closing agreements, which adds transparency and ensures all stages are fully completed before funds move.

• Reduce reliance on intermediaries, such as traditional escrow agents or financial institutions, which can be costly and add delays to the process.

Additionally, Trustless Work allows for:

• Cross-border property transactions by using blockchain technology and stablecoins like USDC, enabling buyers and sellers from different countries to transact without the hassle of traditional international banking.

• Optional dispute resolution layers that ensure a fair resolution process if issues arise, providing extra security and confidence for all parties involved.

By integrating Trustless Work into real estate transactions, all participants benefit from a transparent, efficient, and secure process, ultimately reducing costs and eliminating the risks commonly associated with high-value property deals.

B2B Payments

Business-to-business (B2B) transactions often involve large sums of money, complex agreements, and the need for a high level of trust. Trustless Work provides a robust solution for securing B2B payments by using decentralized escrow services that:

• Hold funds securely until all terms of the agreement are met, ensuring that both buyer and supplier are protected, even in high-value transactions.

• Reduce payment risks by guaranteeing that funds are available and held in escrow until deliverables are verified, which minimizes the possibility of non-payment or disputes.

• Provide transparency throughout the payment process, allowing both parties to track payment milestones and status in real-time.

Additionally, Trustless Work allows B2B partners to:

• Set up milestone-based payment schedules, ensuring that funds are released only after specific deliverables are completed and approved, reducing the risk for both parties.

• Leverage optional dispute resolution layers, providing a fair and efficient way to handle any disagreements that arise during the transaction process.

By integrating Trustless Work into B2B payments, companies can reduce financial risks, streamline transaction processes, and foster stronger business relationships through enhanced transparency and trust.