Security in 3 Simple Steps
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Lock Funds on Blockchain
You create an escrow with DealGuard by providing the buyer's wallet, token, and amount. The funds will be locked in the SmartContract and will be inaccessible to both the seller and DealGuard.
Deliver the Product or Service
The seller notifies the customer and DealGuard that the product or service has been delivered to the customer.
Release the payment to the seller.
After confirming that the seller has delivered the product or service, the customer will notify DealGuard and the seller that everything is in order. The funds will then be released to the seller.
What if something goes wrong?
DealGuard protects both buyers and sellers to ensure a fair transaction.
Assign a conciliator
DealGuard can assign either an AI conciliator or a person to mediate the process. This person will receive a commission for their work.
Deliver the Product or Service
The conciliator will communicate with both parties using the internal chat to determine the fairest resolution for both sides. It is important to provide proof and evidence of the transaction.
Release the payment to the seller.
The conciliator releases the funds, which can be partially distributed to both parties or fully to one of the parties.
