TRESC PROTOCOL
TRESC Protocol is an Escrow Protocol that adds a layer of trust & security to your business. TRESC Protocol allows users to integrate with any workflow or platform & make transactions trustlessly.
Project Description
TRESC Protocol solves the problem of Centralised Intermediates & Transactional Authorities. Any business/transaction performed between two parties should have trustworthy & decentralized intermediates who are not biased on any of the basis.
TRESC Protocol can solve problems in multiple transactional businesses. Freelanding marketplace is a top-tier use case. On completeing the tasks, or achieving the working hours, our escrow releases the staked amout by the employer/client.
eComms can adopt this Protocol to make sure that the seller only receives money when the buyer receives the product. Till then, the amount stays in the escrow.
There are endless possibilities & trustless transactions that can be made with TRESC Protocol.
How it's Made
The major challenge we ran into was to build an API that is accessible by users which they can implement in their own DAPPs & make the transactions seamlessly. We figured this out & even worked out on scalability for the same.
