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Kustodia

Escrow API for secure payments and fraud prevention using stablecoins

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Tech Stack

React
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Web3
Ethers
Solidity

Description

Kustodia.app is a escrow type payment platform that allows users to create payment agreements to prevent fraud in marketplace purchases (automobile, real state, services,etc..)

Fiat to Fiat with stablecoin bridge

Our platform creates a bank reference for each payment , payers deposit fiat as they are used to, we take care of the stablecoin emission (Through on ramp partnert) and creation of independet escrows linked to the bank reference, once agreement is fulfilled the buyer releases the payment, we burn the stablecoins and trigger a of ramp payment to the seller via bank transfer, no friction, no wallets, built on arbitrum and the mexican peso stablecoin (mxnb) we aim to expand to usdc, brl1 and other stablecoins for global reach.

Smart Contract Adress:https://arbiscan.io/address/0xc8d5563bf6df6c5e5f6dfc42beec1cc8598ac38f#tokentxns

Progress During Hackathon

Full api modularization for marketplaces to easily onboard payment method

Fundraising Status

Pre-seed round 500k USD
Team Leader
Rrodrigo
Project Link
Sector
DeFi