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Bitcoin Smart Contracts

Automate Payments & Integrate Business Transactions

The Current State of Payment

Service providers spend a large portion of their time expanding their portfolio and delivering high quality solutions. However, payment collection is a bottleneck that can result in cash flow issues.

According to a survey conducted by Intuit QuickBooks, 40% of Small and Medium Businesses (SMBs) agreed that if late payments continued, they may be forced to close their doors.

The message is clear: Companies need a better way to transact.

Bitcoin's Unique Properties

The technological properties Bitcoin offers provide a revolutionary new way for entities to exchange money and settle deliverables. Instant and traceable payments on a platform that has never been hacked, purpose-built for security.

Businesses can finally enjoy business logic programmed directly into their contracts, reflected in their favorite program management software, and settled in a finite asset with perfect economics.

How We Make It Work

Two parties, a Client and a Vendor, agree to a set of contract deliverables.

We assist the parties in locking in the requisite Bitcoin via a smart contract.

All contract deliverables are created and mirrored in the Vendor’s project management system of choice (Jira, Trello, etc).

After each deliverable is submitted via the system, it is sent to the Client for review.

As each deliverable is approved by the client, Bitcoin is immediately sent from the Client’s wallet to the Vendor’s wallet.

Fail-safes are built in: if the Client does not provide approval within a pre-agreed time limit, payment will be immediately dispersed.

Technical Aspects

We use Pay-To-Taproot (P2TR) combined with time-locked contracts. This supports predefined business logic written into code.

Once an event is satisfied (i.e., a deliverable is completed within Jira) and each party signs off on the transaction, a branch can release its stored Bitcoin.

Our Bespoke Offering

We don’t believe enterprises need yet another platform to manage. We embed smart contract functionality into platforms your teams already use, such as Jira, Trello, or Microsoft Project.