Escrows

Easy control with full transparency

Escrows have been used as a financing tool since commerce itself began. They are nothing new but still remain one of the most useful tools to achieve transparency and certainty.

For clarity, an escrow is “a bond, deed, or other document kept in the custody of a third party and taking effect only when a specified condition has been fulfilled”.

The Core protocol has support for escrows since one is automatically created for each payment stream in the ecosystem. Unlike traditional escrows that are expensive to set up and time consuming to manage, escrows in the Core protocol are native.