Jarvis

Both internationally and domestically, the exchange of goods are burdened by trust problems and inefficient payment rails. From small businesses to the largest import/export companies, they deal with third-party banks to post "Letters of Credit"(LC) which is a extremely slow and costly process to prevent one trade party from taking advantage of the other. Not only does the trust coordination cause delays in payment from 7 to 21 days, but the payment rails themselves add an extra layer of inefficiency. Jarvis powers stablecoin based payment flows for custom trade finance contracts, and offers a permissionless lending marketplace to earn yield while providing businesses with instant cashflow. We leverage Zero-Knowledge Transport Layer Security(ZkTLS) to privately & securely verify delivery of FedEx packages and conditionally release stablecoins from a escrow contract allowing payers to specify terms such as upfront payment amount & "on-delivery" payment amount. Our invoice factoring contracts on Robinhood Testnet enable anyone to provide liquidity into a tranche based lending model where companies can source immediate liquidity and lenders can earn real yield. As we hone in on our niche within trade finance the ZkTLS integrations we build will plug into legacy platforms, enabling the same trustless coordination via verifiable data sourced privately and securely.

Came up with the idea last weekend; Went from idea to MVP / Proof-of-concept now.

Haven't raised funding