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AssigneeEscaroo Limited
InventorsFrank Joseph Pira, Edmund Paul Zynda, III
Estimating the term…
The present disclosure relates to systems and methods for configuring, creating, and deploying smart contracts to facilitate managing and execution of escrow transactions. Embodiments provide for receiving information about an escrow transaction that includes at least one term required to be met for digital property, provided by a funding party, to be distributed to a performing party. Embodiments also include generating a transaction smart contract based on the transaction information. The transaction smart contract is configured to hold the digital property until a triggering event is detected, at which time the transaction smart contract disposes of the digital property. Embodiments further include causing the transaction smart contract to be funded with the digital property, and determining that the triggering event has occurred. The transaction smart contract is then triggered to dispose of the digital property based on the triggering event.
A method comprising:
A system comprising:
A computer-based tool including non-transitory computer readable media having stored thereon computer code which, when executed by a processor, causes a computing device to perform operations comprising:
Dependencies are inferred from the claim text.