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Reactive Network Funds SmarTrust for Web3 Freelance Escrow System
Reactive Network Funds SmarTrust for Web3 Freelance Escrow System
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Reactive Network’s Developer Fund has selected SmarTrust as its latest grant recipient, backing a multichain escrow solution designed to disrupt traditional freelance platforms like Upwork. The project leverages Reactive Smart Contracts to create a transparent, intermediary-free payment layer for Web3 freelancers and clients.
SmarTrust’s architecture enables milestone-based fund releases through programmable smart contracts, with built-in dispute resolution mechanisms. This approach eliminates centralized intermediaries while enhancing security for both service providers and employers. The system operates on Reactive Network’s event-driven infrastructure, positioning it as a foundational layer for decentralized freelance work.
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