Lumen Loop
All news
Articletrustlesswork.comTrustless Work4mo ago

Security Deposits with Trustless Work

Trustless Work introduces a non-custodial escrow system for security deposits built on Stellar, where funds are programmable, rule-based, and default to refund unless an exception is validated. The platform provides multiple integration tools including a Back Office dApp, Escrow API, Next.js SDK, and Escrow Viewer for platforms handling hospitality, rentals, equipment leasing, and subscription services.

Smart ContractsDeFiDeveloper Tools
Lumen Loop's take

Trustless Work presents a refund-first escrow model that addresses friction in traditional security deposit handling by making deposits programmable and non-custodial. The system operates through five stages: initiation (platform creates escrow with locked rules), funding (user deposits stablecoins on-chain), checkout (platform marks milestone completion), approval or dispute (host reviews outcome), and fund release (platform executes transparent settlement). The platform defines clear roles including depositor, receiver, initiator, milestone marker, approver, release signer, and dispute resolver. Trustless Work offers a product suite for platforms to start simple with a Back Office dApp or scale programmatically via Escrow API and Next.js SDK. The approach works across use cases including hospitality rentals, equipment leasing, subscription services, and high-trust platforms with multisig controls, emphasizing non-custodial design, clear expectations, fewer disputes, instant settlement, and global stablecoin readiness.

Mentioned projects
1 project linked
T
Trustless WorkDeveloper Tooling
SCFAudited
B2BAPIPayments

Trustless Work is a blockchain-powered Escrow-as-a-Service platform leveraging Stellar's Soroban smart contracts to provide secu…

View →