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Articletrustlesswork.comTrustless Work4mo ago

Trade & B2B Marketplaces with Trustless Work

Trustless Work introduces escrow-native trade flows for B2B platforms and marketplaces, enabling secure cross-border transactions using stablecoins on Stellar. The platform replaces traditional letters of credit and prepayment risks with smart contract-enforced escrow that holds buyer funds until delivery verification.

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Lumen Loop's take

Trustless Work presents a comprehensive escrow solution designed for global trade and B2B marketplaces, addressing the fundamental trust problem in commerce where buyers fear prepayment and sellers fear non-payment. The platform operates as a neutral coordinator, holding stablecoin funds (like USDC) in non-custodial escrow while goods are produced, shipped, and verified. The escrow flow includes initiation with configurable terms, buyer funding, milestone tracking, third-party verification, and automated fund release. Key roles include depositors, receivers, initiators, milestone markers, approvers, and release signers, enabling strong separation of concerns. The solution supports multiple use cases including cross-border procurement, manufacturing orders, wholesale marketplaces, and SME trade finance, offering faster settlement and lower costs than traditional banking rails while maintaining auditability and global reach.

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

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