Funding
Funding not disclosed
Founders
Product
Problem
Cross-border trade involves significant payment risks due to potential non-fulfillment of contracts or non-receipt of goods, leading to financial losses and disputes between parties. Traditional escrow services can be cumbersome, expensive, and lack transparency, especially for international transactions.
Solution
Keypler offers a blockchain-based escrow platform designed to mitigate payment risks in cross-border trade by providing secure fund custody and milestone-based payment releases. The platform ensures that funds are disbursed only upon verified contract fulfillment or confirmation of goods receipt, creating a transparent and trustworthy environment for international transactions. By leveraging blockchain technology, Keypler streamlines the disbursement process, reduces transaction costs, and enhances security compared to traditional escrow methods.
Target Audience
Keypler primarily targets businesses engaged in international trade, including exporters, importers, manufacturers, and distributors, who seek to minimize payment risks and streamline their transaction processes.
Features
- Blockchain-based escrow for secure fund custody
- Milestone-based payment releases triggered by verifiable events
- Smart contract automation for transparent and tamper-proof agreements
- Real-time tracking of transaction status and fund movement
- Dispute resolution mechanism integrated into the platform
- Secure and encrypted communication channels for all parties